Welcome to Idea Saving and Credit Cooperative Ltd., stands a cooperative that is more than just a financial institution. It is a family, a community, and a shared dream for a stronger and more secure financial future. This is Idea Saving & Credit Cooperative Ltd.
Founded in 2068 B.S. (2011 A.D.), Idea was born out of a belief that finance should not only serve banks and corporations but also the people who work hard every day to create a better life for themselves and their families. From its earliest days, the cooperative has stood for openness, creativity, and the principle of growing together.
Officially recognized under Nepal’s Cooperative Act 2048 (Reg. No. 3738/067/68), Idea Saving & Credit Cooperative has built a strong foundation of trust. Our members are not just account holders; they are co-owners who shape the cooperative’s direction. The decisions we make, the products we design, and the services we provide are all for their benefit.
Our Vision
The story of Idea Cooperative is deeply connected to the lives of the people who founded it. A group of professionals from banking, insurance, information technology, and entrepreneurship came together with one shared vision: to create a safe and inclusive financial home where people could save with confidence, borrow with dignity, and plan for the future with clarity.
They understood that many hardworking people in urban areas like Kathmandu struggled with two extremes. On one side, traditional banks often seemed too rigid, intimidating, or out of reach. On the other side, informal moneylenders could charge unfair interest, creating cycles of debt and stress. The founders believed there had to be a middle path, one that combined professionalism with compassion, efficiency with inclusivity, and financial expertise with cooperative values.
Our Vision: A Reliable Partner for the Future
At Idea, our vision is clear: to be a trusted financial partner that provides inclusive, innovative, and long-lasting services to improve the financial stability and well-being of our members.
But a vision is not just a sentence written on paper. It is a daily commitment. It shapes how we talk to our members, how we design our services, and how we invest in technology and training. It reminds us that our role is not only to provide savings and loans but also to empower families, support businesses, and strengthen communities.
Building Trust
Trust is the heart of everything we do. Members come to us with their hard-earned money, their dreams, and occasionally their urgent needs. They expect safety, respect, and confidence in return. We take that responsibility seriously. By being open, honest, and member-first in our care, we aim to be the cooperative that people rely on not just for one transaction but for life.
Accessibility for All
We believe that financial services should be for everyone. It should not matter what job you do, what income you earn, or what background you come from. Whether you are a shopkeeper in Chabahil, a teacher, a taxi driver, a young entrepreneur, or a retiree, you deserve fair, reliable financial services. We design our savings programs, credit facilities, and advisory services to break down barriers and open doors.
Innovation with Purpose
The world is changing quickly. Technology is reshaping how we live, communicate, and handle money. At Idea, we do not adopt new tools just to look modern. We do it to make life easier and more meaningful for our members. Innovation, for us, means introducing digital services that are easy to use, ensuring that a member can check balances, transfer money, or get updates without leaving home if they choose. It means creating financial tools that are practical and relevant, not complicated or confusing.
Growth Through Sustainability
We are not here for short-term gains. A cooperative thrives when its members thrive. That is why we focus on savings, responsible credit, and long-term planning. We want every member to look back after five or ten years and see how their participation in Idea Cooperative helped them build a more stable and resilient financial future.
Members at the Center
At the end of the day, we do not see ourselves as a company serving clients. We see ourselves as a community growing together. Each member has a story, a need, and a dream. Our mission is to listen to those stories and design services that truly respond to them. People come before profit. That is our guiding principle.
Our Mission: Turning Vision into Action
A vision is inspiring, but a mission is practical. It is about what we do every day to bring our dream into reality. Idea Saving & Credit Cooperative has a mission to offer member-focused, safe credit and savings services that create growth, trust, and empowerment.
Tailored Financial Services
We know that no two members are the same. That is why our products are flexible and personalized. For some, the priority is a safe place to save money with good returns. For others, it is access to loans during emergencies or support to expand a business. Our job is to provide services that fit real lives.
- Savings programs with reliable returns, offering 6% to 9% interest.
- Credit facilities that are affordable and accessible, with rates between 13% and 16%.
- Fixed deposits designed for security and steady growth, offering 7% to 9% returns.
- Advisory support to guide members on budgeting, planning, and responsible investing.
- Digital options that make transactions simple and secure.
Building Financial Knowledge
Money is not just about numbers. It is about decisions, habits, and knowledge. We believe that true empowerment comes when members are not only provided with services but also educated on how to use them wisely. That is why we promote financial literacy, encourage cooperative participation, and create spaces for members to ask questions and share experiences.
Ethical Governance
Professionalism and transparency are not optional for us. They are the foundation of our credibility. We follow clear policies, train our staff in ethics and cooperative values, and regularly evaluate our systems to maintain accountability. Members trust us because they know we operate with honesty and discipline.
Supporting Long-Term Stability
Financial peace of mind does not come from one-time help. It comes from long-term habits regular saving, thoughtful borrowing, and wise planning. We encourage our members to think ahead, prepare for challenges, and use our services as tools to build lasting security for themselves and their families.
Why Members Choose Idea
Members choose Idea Saving & Credit Cooperative because we have proven ourselves through consistent service and strong values.
- 14+ years of trusted service since our foundation in 2011.
- A professional base of founders and staff with expertise in banking, insurance, IT, and entrepreneurship.
- A member-first philosophy where decisions are guided by needs, not profit.
- Transparent and ethical practices that ensure trust.
- Competitive interest rates on both savings and loans.
- Support for financial discipline through literacy programs and advisory services.
- A convenient and welcoming location in the heart of Chabahil Chowk, Kathmandu.
Message from the Chairman
Namaste!
Welcome to Idea Saving and Credit Cooperative Ltd. Since our inception, we have been dedicated to promoting financial inclusion and supporting our members’ aspirations. Guided by cooperative principles, we offer accessible services, foster savings habits, and provide member-centric solutions. Our focus on innovation, governance, and trust drives us toward a brighter financial future together.
Warm regards,
Nilesh Manandhar
Chairman
Message from the CEO
Namaste!
At Idea Cooperative, we are a community where members grow together. Our mission is to serve with care, trust, and dedication, supporting you through savings, loans, and guidance. We are committed to enhancing your experience with innovative solutions. Thank you for trusting us—let’s reach greater heights together!
With best wishes,
Sadan Khatri
Chief Executive Officer
Contact Us:
Idea Saving & Credit Cooperative Ltd.
Chabahil Chowk, Kathmandu, Nepal
Tel: 01-4571588
E-mail: [email protected]
Website: www.idea.com.np
“Your trusted partner in financial growth and security.
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