Nabil Bank Launches Financial Literacy and Entrepreneurship Training for Rural Farmers

Kathmandu. Nabil Bank Limited has launched skill-based financial literacy and entrepreneurship development training in 16 rural locations across the country, targeting individuals involved in the agricultural sector.
 The training, which began on Wednesday, Baisakh 9 in Sinja Rural Municipality of Jumla, will be conducted in 15 additional locations within the current fiscal year, the bank stated. 

The bank is conducting the training in collaboration with local levels in Koshi, Madhesh, Gandaki, Lumbini, Karnali, and Sudurpashchim provinces. The bank aims to reach approximately 500 individuals who are either currently operating or interested in starting agriculture-based businesses. 

Nabil Bank CEO Manoj Kumar Gyawali stated that participants will be provided with practical knowledge on subjects including savings, budgeting, debt management, insurance, and investment options. “The training is being conducted to empower participants with financial literacy, reduce unemployment, encourage new business ventures, and promote sustainable economic growth through entrepreneurship development,” he said. 

Adopting the concept of sustainable banking, the bank is conducting this training under its corporate social responsibility initiatives with the aim of encouraging self-reliance among individuals in rural areas. The training will identify the interests of rural farmers and provide them with the necessary information and skills to become self-reliant accordingly. 

Participants will receive technical knowledge on subjects such as goat farming, pig farming, buffalo farming, mushroom cultivation, and vegetable farming, as well as skills in identifying business opportunities, marketing, and financial management. 
The program also emphasizes the concept of sustainable banking by prioritizing investments that are environmentally friendly, socially responsible, and provide long-term economic benefits.