RENEW MICROFINANCE

We Care For Your Future

RENEW Microfinance Private Limited (RMF) is the first and largest microfinance institution in Bhutan to have received a Deposit Taking Microfinance Institution License and was later incorporated as a Private Limited Company under the Companies Act of Bhutan 2016. With the blessings of Her Majesty Gyalyum Sangay Choden Wangchuck, RMF to date covers 11 Dzongkhags and 103 Gewogs. With 435 access points, RMF offers vulnerable and low-income women and their families the facilities to save money, avail themselves of loans, and gain financial literacy.

HISTORY AT A GLANCE

2011

RENEW Microfinance Foundation

Founded in 2011 as a Cooperation project between RENEW Organization (CSO) and Deutsche Sparkassenstiftung für internationale Kooperation (DSIK).

2012

RENEW Microfinance First Branch

RENEW Microfinance first introduced their branch in Samtse, Bhutan.

May 21, 2016

CERTIFICATION TO GIVE MICRO-LOANS TO PUBLIC

The Royal Monetary Authority, the Central Bank of Bhutan has certified RENEW Microfinance to lend micro loan to their clients.

September 27, 2017

INCORPORATED AS PRIVATE LIMITED COMPANY

RENEW Microfinance Private Limited was incorporated as Private Limited Company under the Companies Act of Bhutan 2016 as on 27th September 2017

August 21, 2018

CERTIFIED AS A DEPOSIT -TAKING MICROFINANCE INSTITUTION

RENEW Microfinance Private Limited was licensed as a Deposit-Taking Microfinance Institution.

March 9, 2020

Obtained FDI license

RENEW Microfinance Private Limited received FDI license on March 9th 2020.

Statistics

11

DZONGKHAGS

28482

CLIENTS

bhutanmap ZHEMGANG SAMTSE THIMPHU PUNAKHA HAA PAROCHUKHADAGANA GASA WANGDUE PHODRANG BUMTHANG TRONGSA LHUENTSE TRASHIYANGTSE MONGAR SARPANG TSIRANGTRASHIGANGPEMAGATSHELSAMDRUP JONGKHAG

Microfinance Services

Financial Literacy

RENEW Microfinance Pvt Ltd actively supports the elevation of financial literacy in rural regions. This enables the rural population to save & to take up loans wisely.

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