RENEW MICROFINANCE

We Care For Your Future

RENEW (Respect, Educate, Nurture and Empower Women), introduced the Microfinance Project in 2012. The project is funded by the German Sparkassenstiftung For International Cooperation (DSIK) and seeks to improve the quality of life and the status of vulnerable women and their families, mainly in rural areas and empower them with the ability of financial freedom.

HISTORY AT A GLANCE

2004

RENEW WAS ESTABLISHED

RENEW (Respect, Educate, Nurture and Empower Women) was founded by Her Majesty the Queen Mother Ashi Sangay Choden Wangchuck to empower women and girls in Bhutan, especially the victims and survivors of domestic and gender based violence.

2012

RENEW MICROFINANCE WAS ESTABLISHED

RENEW has introduced the Microfinance Project, funded by the German Sparkassenstiftung For International Cooperation (DSIK).

May 21, 2016

CERTIFICATION TO GIVE MICRO-LOANS TO PUBLIC

The Royal Monetary Authority, the Central Bank of Bhutan has certified RENEW-Microfinance Project to lend the micro loan to public.

September 27, 2017

INCORPORATED AS PRIVATE LIMITED COMPANY

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

August 21, 2018

CERTIFIED AS A DEPOSIT -TAKING MICROFINANCE INSTITUTION

RENEW Microfinance Pvt.Ltd. was licensed as a Deposit-Taking Microfinance Institution.

Statistics

10

DZONGKHAGS

26,014

CLIENTS

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

Microfinance Services

Financial Literacy

ENEW MFI 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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