Vision
To become a leading provider of financial services to low income women and their families in the kingdom of Bhutan.
Mission
Improving the quality of life and the status of vulnerable women and their families, mainly in rural areas by providing credit products, member’s contribution. Insurance and other services would be introduced in the near future, thus creating favorable opportunities for the clients to participate in social-economic activities, thereby improving their income and enhancing their role in the society.
Objective
To ensure long lasting access to finance for the benefit of the target groups and giving support to the core business of RENEW.
The business objective of RENEW MFI is to ensure long lasting access to finance for the benefit of the target groups and giving support to the core business of RENEW and:
1. To achieve a long-term sustainable solution for providing financial services to needy people the remote areas.
2. Educate rural people on financial products and services.
3. Impart knowledge on income management of the household with their incomes.
4. Provide continue access to financial services by organizing and empowering women.
Renew Microfinance
RENEW (Respect, Educate, Nurture and Empower Women) founded by Her Majesty the Queen Mother Ashi Sangay Choden Wangchuck, in 2004, is a CSOA dedicated to empowerment of women and girls in Bhutan, especially the victims and survivors of domestic and gender based violence. RENEW provides counseling services, the Community Based Support System, legal services and shelter homes services. Additionally RENEW has introduced Microfinance Project in 2012. The project is funded by the Savings Banks Foundation for International Cooperation (SBFIC), Germany, based on a MOU signed on 8th September 2011 and the project is extended till 31st March, 2019.
The Royal Monetary Authority, the Central Bank of Bhutan has certified RENEW-Microfinance Project to lend the micro loan to public on 21st May 2016. RENEW Microfinance Private Limited has been incorporated as Private Limited Company under the Companies Act of Bhutan, 2016 as on 27 September 2017. The Company now covers ten Dzongkhags with a head office in Thimphu which is covering 95 of 205 gewogs and one of the four thromdes.
Team
It is believed that Staffs are the assets of the company. RENEW Microfinance have dedicated and hardworking staffs who have been working since the start. 70% of the total employees work in the field in...
Mr.Bernd Baehr
Team
Mr.Bernd Baehr
bernd.baehr@sbifc.de
Chief Executive Officer and Country Representative for the German Savings Banks Foundation for International Cooperation (SBFIC) in Bhutan.
Tshering Dema
Team
Tshering Dema
tshering.dema@renewmicrofinance.bt
Cheif Operation Officer for RENEW Microfinance Private Limited
Ms. Tshering Dema is the Chief Operation Officer for RENEW Microfinance Private Limited. Tshering has experience in various field, she worked for MNC in Delhi, worked as a Teacher in Thimphu before joining RENEW MFPL in 2015. She worked as a Branch Officer in Tsirang Branch for two years, looked after the Human resource division for 3 months before her appointment as the Chief Operation Officer.
Ms. Tshering completed her Bachelor’s Degree in History (Hons) from the Delhi University, India.
Jampelyang Dorji
Team
Jampelyang Dorji
jamphelyang.dorji@renew-editormicrofinance.bt
Adm/IT Officer
Mr. Jampelyang Dorji is the Admin/IT Officer of RENEW Microfinance Private Limited. Prior to joining RENEW Microfinance, Jampelyang has worked with Gaseng Audio Visual firm as Administration and Finance Officer, then as Finance and Survey Officer at Alpha Geo-tech & Company and with Gaseng Multi-Genius Consulting firm as Administration and Account Officer.
Jampelyang graduated with a Bachelor’s degree from Bharathiar University, India in 2014. His field of study was in Commerce with Computer Application.
Tshering Euden
Team
Tshering Euden
tshering.eden@renewmicrofinance.bt
Human Resource Officer
Ms. Tshering Euden is a Compliance Officer of RENEW Microfinance Pvt.Ltd. She holds a Bachelor of Commerce (Honors) degree from Sherubtse College, Bhutan and a master’s degree in Business Administration with specialization in international business from Lovely Professional University, India.
Ms.Euden worked as a Survey Analyst for Ministry of Economic Affairs, Bhutan. She also served as a volunteer ESL teacher in Thailand before joining RENEW Microfinance Private Ltd.
Dechen Zangmo
Team
Dechen Zangmo
dechen.zangmo@renewmicrofinance.bt
Internal Auditor
Ms. Dechen Zangmo is the Internal Auditor of RENEW Microfinance Pvt.Ltd. Before joining RENEW Microfinance, She served as a Marketing Executive to T Bank. Ms. Dechen completed B.A Political Science and Sociology in 2016 from Sherubtse College under the Royal University Bhutan.
Pema Wangmo
Team
Pema Wangmo
pema.wangmo@renewmicrofinance.bt
Branch Officer
Mrs .Pema Wangmo completed her Degree in Bachelor of Business Administration from university of Madras, India. She joined RENEW Microfinance as a Branch Officer in Bumthang and Trongsa since August 2012. Currently, she is working as an Accounts Officer in the Headoffice.
Anuradha Sharma
Team
Anuradha Sharma
Marketing officer
Kinga Lhendup
Team
Kinga Lhendup
kinga.lhendup@renewmicrofinance.bt
Management Assistant
Mr.Kinga Lhendup holds a Bachelor of Commerce (Honors) degree from Darjeeling Government College India. He worked as a Bankruptcy Analyst for ISG Nova soft Technologies Ltd. (ISGN) in Bangalore, India for three years and also served OCWEN FINANCIAL SOLUTION LTD. in Bangalore, Indi
Dhendup Tshomo
Team
Dhendup Tshomo
Field Officer
Dawa Tshering
Team
Dawa Tshering
dawa.tshering@renewmicrofinance.bt
Field officer
Mr. Dawa Tshering is a field officer at Samtse branch. He graduated his schooling from Kelki Higher Secondary School. Prior to working at Renew Microfinance Private Ltd, he worked as a site supervisor for three years at a construction company and as a museum guide at Folk Heritage Museum for a year.
He is one of the hardworking staff of RENEW Microfinance and has won the best Field Officer award from the Whole Planet Foundation in the year 2018.
Tshering Pema
Team
Tshering Pema
tshering.pema@renewmicrofinance.bt
Branch officer
Ms.Tshering Pema is a Branch officer of Samtse branch. She worked as Assistant Manager of Youth Center under Department of Youth and Sports (MOE), before joining RENEW Microfinance.
Tshering completed her bachelor’s degree in Computer Science from Sherubtse College, under Royal University Bhutan.
Kuenga Tshering
Team
Kuenga Tshering
kuenga.tshering@renewmicrofinance.bt
Field Officer
Mr. Kuenga Tshering joined RENEW Microfinance Project as a Field Officer since 2012. He was awarded Best Field Officer by Whole Planet Foundation and SBFIC. In June 2017 he was promoted as Branch Officer of Tsirang. Kuenga is a high School graduate with 7 years of work experience in different organizations.
Tempa Zangmo
Team
Tempa Zangmo
tempa.zangmo@renewmicrofinance.bt
Field Officer
Mrs. Tempa is a field officer of Tsirang branch.She graduated from Royal University of Sherubtse College with B.Sc. Physics and Chemistry in 2016. She worked as a research intern with the NSB’s (National Statistics Bureau) Socio- Economic and Research Division for one month before joining RENEW Microfinance.
Namgay Dema
Team
Namgay Dema
namgay.dema@renewmicrofinance.bt
Field Officer
Ms.Namgay Dema is the Field Officer at Dagana Branch.She completed her schooling from Rinchen Higher Secondary School in 2015.
Binod Rai
Team
Binod Rai
binod.rai@renewmicrofinance.bt
Branch Officer
Mr. Binod Rai is a Branch Officer of Dagana branch. Binod completed his degree in Bachelor of Commerce from Gaeddu College of Business Studies with a major in Finance.
Passang Zam
Team
Passang Zam
passang.zam@renewmicrofinance.bt
Field Officer
Mrs. Passang Zam is a Branch Officer of Thimphu Branch. She completed her Masters in Business Administration from Kurukshetra University in India specialized in HR & Marketing and has a Bachelor degree in Commerce from Royal Thimphu College with major in Finance.
Sangay Dorji
Team
Sangay Dorji
sangay.dorji@renewmicrofinance.bt
Field Officer
Mr. Sangay Dorji is a Branch Officer of Trashigang branch. He completed his degree in Bachelor of Commerce from Gaeddu College of Business Studies with a major in Finance.
Dechen Yangden
Team
Dechen Yangden
Branch Officer
Ms. Dechen Zangmo is the Internal Auditor of RENEW Microfinance Pvt.Ltd. Before joining RENEW Microfinance, She served as a Marketing Executive to T Bank. Ms. Dechen completed B.A Political Science and Sociology in 2016 from Sherubtse College under the Royal University Bhutan.
Kinzang Choden
Team
Kinzang Choden
Field Officer
Passang Zam
Team
Passang Zam
Field Officer
Tshering Denkar
Team
Tshering Denkar
tshering.denkar@renewmicrofinance.bt
Branch Officer
Ms.Tshering Denkar is a Branch officer of Wangdi branch. She holds a bachelor’s degree in Environmental Science from Asian University for Women. She worked as Research Assistant at PRAN Agro Ltd in Bangladesh. She also undertook various social projects such as understanding teenage pregnancy in Bhutan, designing solutions for Menstrual Hygiene Management (MHM) for women working in garment factories in Bangladesh, etc. Prior to her commencement of duties in RENEW MFI, she worked with Gross National Happiness Commission on a project that aimed to evaluate the prospective needs for differently able people across Bhutan.
Sashi Maya Subbha
Team
Sashi Maya Subbha
sm.sashi@renewmicrofinance.bt
Field Officer
Ms. Sashi Maya Subba is a Field Officer of Wangdi Branch at RENEW Microfinance Pvt. Ltd. She completed her degree in Bachelors of Library and Information Science and Bachelors of Arts Professional from Lovely Professional University, Punjab, India in the year 2018.
Isaac Rai
Team
Isaac Rai
Branch Officer Branch Officer
Mr. Isaac Rai is a Branch Officer of Punakha Branch. He completed his Bachelor in Commerce majoring in finance from Gedu College of
Business of Studies in the year 2018. He has his internship experience in the firm like Bhutan Post and Bhutan National Bank Limited for
3 months and 1 and 1/2 months respectively.
Rinchen Wangdi
Team
Rinchen Wangdi
w.richen@renewmicrofinance.bt
Field Officer
Mr. Rinchen Wangdi is a Field Officer of Mongar Branch at RENEW Microfinance . Ltd. He completed his Bachelors in Commerce majoring in Finance in the year 2018 from Gedu College of Business Studies. He did his internship at Le Meridien, Thimphu in the Purchase section under finance department.
Tshering Penjor
Team
Tshering Penjor
Lhayul Pelmo
Team
Lhayul Pelmo
lhayul.pemo@renewmicrofinance.bt
Branch Officer
Ms.Lhayul Pema is a Branch Officer at Bumthang and Tronsga Branch .She complete her Bachelor’s Degree from Sherubtse College, Kanglung, Bhutan.She interned for 6 months in RENEW Microfinance before becoming a permanent staff.
Som Kumari Rai
Team
Som Kumari Rai
kr.som@renewmicrofinance.bt
Field Officer
Ms. Som Kumari Rai holds Bachelors Degree in Language and Literature from the College of Language and Culture Studies Taktse,Trongsa in the year 2018. She worked in multiple companies as an intern .
Currently, she is a Field Officer of Mongar Branch at Renew Microfinance Private Limited.
Mr. Aruna Subba
Team
Mr. Aruna Subba
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Ms. Chhimi Wangmo
Team
Ms. Chhimi Wangmo
chhimi.wangmo@renewmicrofinance.bt
Human Resource Officer for RENEW Microfinance Private Limited
Ms. Chhimi Wangmo is an HR Officer for RENEW Microfinance Private Limited. Chhimi has graduated from Gaeddu College of Business Studies where she completed her 3 years of BBA Course. She has worked in Le Meridien Thimphu for almost 2years and In ICE Beverages Pvt. Ltd. as a Deputy Depot Manager in Thimphu for 2years.
Ms. Aruna Subba
Team
Ms. Aruna Subba
Ms.Aruna Subba joined RENEW Microfinance Pvt. Ltd. on October 2019 as a Finance Officer. She completed his Bachelor in Commerce(specialized in Accounting) from Gedu College of Business studies. Before joining RENEW Microfinance she was working as an accountant in Zimdra Foods Pvt Ltd, Phuntsholing for fours years.
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