ABOUT US

INTRODUCTION

Greetings and Cooperative Salutations,
Respected Share Members,

Our organization has successfully entered its 27th year, having overcome various challenges along the way. This achievement was only possible with your support and cooperation, for which I am very grateful. I hope to continue receiving such support and cooperation in the future. At this juncture, we are focused on guiding the organization in accordance with established methods and procedures. We are drafting, revising, and updating various policy guidelines, internal procedures, and organizational regulations, always prioritizing the interests of our members. To keep our members informed about the organization's activities, we are utilizing communication media, social networks, a Facebook page, a website, and other diverse channels. We are also expanding member service centers in various locations to bring the organization closer to its members, and I would like to inform this esteemed assembly of these efforts.

Looking back at the history of global cooperatives, during the 1840s, the Industrial Revolution severely impacted the British economy, causing significant hardship for workers in Rochdale. As a result, on December 21, 1844, 28 weavers came together to develop cooperative principles, earning them the title of pioneers of the global cooperative movement. In Nepal, on March 31, 1956, under the leadership of Bakhan Singh Gurung, a cooperative was established to provide relief to flood victims along the banks of the Rapti River. This cooperative is now known as Bakhan Multipurpose Cooperative Society.

Our organization was formed by aware youths from the then Topgachhi, Lakhanpur, and Dharampur VDCs, with the goal of liberating people from high-interest loans imposed by moneylenders and integrating small scattered funds in the community to develop a saving habit. Through various small gatherings and meetings, a preparatory committee was eventually formed on the second Friday of Baisakh 2055 (April 24, 1998) in the premises of Shree Shahid Dharmabhakta School under the coordination of Sharan Kumar Parajuli, collecting a total of NPR 13,500 from 27 individuals who each purchased five shares. The organization was officially registered on June 30, 1998, at the District Cooperative Office in Bhadrapur under the registration number D.No. 3/1/7/121/054/55. The office formally began operations on July 17, 1998, from a room provided by then Vice President Lain Bahadur Poudel. Today, the main office operates from a four-story concrete building on our own land of 3 kattha 11 dhur in the central part of Kekha Bazaar. Additionally, we are proud to operate a joint multipurpose agricultural farm on 1 kattha of land in Urlabari Municipality Ward No. 5 and 2 bigha 9 dhur of land in Kamal Rural Municipality Ward No. 1.