Dutch development aid site just developing
the bank for upliftment of the poor" is a microfinance bank established in November 1998. It provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to rural poor of Nepal
The Children's Development Bank (CDB) gives children the change to safe their money in a safe way. CDB is a school for learning management, participatory, democracy, leadership, and accountability. The CDB will also gradually help the children/adolescents to start their own small enterprises. Child Welfare Scheme Nepal was able to start this bank with a technical support from Butterflies, India and financial support from Consortium for Street Children, UK.
The bank opened on the 4th of August. Till now, 60 children already opened their saving account. Over fourteen thousand Rupees is now in the saving accounts of these children!