About Us

RENEW (Respect, Educate, Nurture and Empower Women) founded by Her Majesty the Queen Mother Ashi Sangay Choden Wangchuck, in 2004, is a CSO dedicated to empowerment of women and girls in Bhutan, especially the victims and survivors of domestic and gender-based violence.

RENEW introduced the Microfinance Project in 2012. The project is funded by the German Sparkassenstiftung For International Cooperation (DSIK), based on a MOU signed on 8th September 2011.

 RENEW-Microfinance Project has been certified  as a Deposit Taking MFI by the RMA and has been incorporated as Private Limited Company under the Companies Act of Bhutan 2016. 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.

Vision

To become a leading provider of financial services to low income women and their families in the kingdom of Bhutan.

Counter

We’re all about helping you reach your next financial goal and loan help.

Mission

Improving the quality of life and the status of vulnerable women and their families, mainly in rural areas by providing credit products and savings. 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

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:

  • To achieve a long-term sustainable solution for providing financial services to needy people the remote areas.
  • Educate rural people on financial products and services
  • Impart knowledge on income management of the household with their incomes.
  • Provide continue access to financial services by organizing and empowering women.

Statistics

1
Dzongkhags
1
clients

Client Numbers- 24,869

As Per June 2021

  • Samtse - 2,951
  • Trongsa / Bumthang - 2,923
  • Trashigang - 3,234
  • Thimphu - 1,433
  • Tsirang - 2,908
  • Dagana - 1,705
  • Punakha - 3,410
  • Wangdue - 3,158
  • Mongar - 3,147