Some of the survey results show that only 40 percent of Nepalese people are in the net of formal financial access. In this context, the role of rural financial institutions and cooperatives in the country like Nepal has become more important as the economy itself is rural-based.
  If we look upon the latest available data, some 34 thousand cooperatives has already been in operation in Nepal. Of these, half of them are involved in saving and credit activities while others are engaged in different agro-based production activities like agriculture farming, milk production, fruit and vegetable farming, tea and coffee farming, production of herbs, sericulture, horticulture, etc.