Background
The Farmer Development Microfinance Private Limited (FDMPL) is incorporated under the Companies Act of the Kingdom of Bhutan 2016 with the objective of uplifting the economically weaker section of the society by providing loans for income generating purposes like agriculture, transportation, trading, and production related business activities.
FDMPL’s business shall provide credit facilities to eligible and aspiring individual including women in rural, semi-urban and urban areas, who otherwise have limited access to mainstream financial service providers.
FDMPL have made social charter an integral part of our corporate culture, with community enrichment central to our business growth. In our quest to make a difference in the quality of the lives of our clients, we have developed and are offering customized loans to facilitate access to clean energy, better mobility, safe water and sanitation facilities, in addition to the business loans.
In achieving our goals and objectives spelled above, FDMPL shall be guided by this Credit manual in processing, sanctioning and managing all credit related products and portfolio.
Where Does FDMPL Operate?
- Head Office in Mongar
- 2 Branches nationwide
Farmers Development Microfinance Pvt. Ltd.(FM)
- Officially licensed by the Royal Monetary Authority in 2024.
- Aimed at addressing the financial inclusion gap in Bhutan.
- FM has been established with its Head Office in Mongar.
Vision
To become a leading microfinance institution promoting financial inclusion and sustainable economic growth in Bhutan.
Mission
To provide affordable and accessible financial services to underserved communities, fostering grassroots economic development.
Objective
- To mobilize deposits and extend affordable loan
- Focus on small-scale farmers, rural households, and local
- Promote financial accessibility, particularly in remote