Nepal Federation of Savings and Credit Cooperative Unions

What Nepal Federation of Savings and Credit Cooperative Unions does

Nepal Federation of Savings and Credit Cooperative Unions Ltd. (NEFSCUN) is the member-based national apex federation of Savings and Credit Cooperative Societies (SACCOS) in Nepal, headquartered in New Baneshwor, Kathmandu. Its mandate is the development, promotion, and strengthening of its member organizations, comprising 4,336 primary SACCOS, 59 District Unions, and 4 Province Unions, with service delivery through 76 district outreach offices across all seven provinces. The organization is structured as a cooperative federation owned and governed by its member affiliates, holding its 32nd Annual General Meeting in December 2023; it is led by Chairperson Chandra Prasad Dhakal and CEO Ganesh Prasad Timalsina.

NEFSCUN's core technology stack centers on a Member Information System (MIS) online portal that gives member SACCOS access to financial data, member records, and institutional management tools, complemented by an E-Banking MYRA platform for member access. Its service portfolio combines supervision and quality assurance programs (SCAN, PROBATION, ACCESS), interlending services that pool and reallocate liquidity among member cooperatives, training programs including CTEVT-accredited short courses, stationery supply, and a Stabilization Fund reserve established under Cooperative Act 2074 Clause 103 with Rs. 22 Crore 17 Lakhs in contributions from 313 SACCOS as of mid-2024. The organization also publishes 'Saccos Aawaj' as both an online news portal and tri-monthly print publication.

The revenue model is anchored on membership fees and service charges from member SACCOS and District Unions, supplemented by training program fees, interlending margins, stationery sales, and grant funding from international development partners (EU, Mercy Corps, GIZ/DSIK). Pricing specifics are not publicly disclosed. Go-to-market is operated through the federated apex structure — Province Unions feed District Unions which feed primary SACCOS — making it a domestic-only, vertical-segmented (cooperative sector), high-distribution-density B2B motion rather than a transactional consumer or SaaS model. With 51-100 employees, NEFSCUN functions more as a sector infrastructure and supervisory body than a commercial technology vendor.

Name

Nepal Federation of Savings and Credit Cooperative Unions

Legal name

Nepal Federation of Savings and Credit Cooperative Unions Ltd.

Website

https://nefscun.org.np

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

NEFSCUN is Nepal's national apex federation of Savings and Credit Cooperative Societies (SACCOS), serving 4,336 primary cooperatives, 59 District Unions, and 4 Province Unions through a Member Information System, supervision programs (SCAN, PROBATION, ACCESS), interlending, training, and a Stabilization Fund.

Ownership category

akta.pro rank

Product category

Cooperative Financial Services

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)

akta.pro secondary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

Keywords

• Cooperative federation
• Savings and credit
• Financial inclusion
• Apex organization
• Member services

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices25 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Distribution channels4 records

Marketing channels5 records

Core offering

NEFSCUN is the national apex organization for Savings and Credit Cooperative Societies (SACCOS), District Unions, and Province Unions in Nepal. It provides supervision and quality assurance (SCAN, PROBATION, ACCESS), member information systems, interlending, training, stationery supply, and a Stabilization Fund to develop, promote, and strengthen its member cooperative organizations across the country.

Product overview

NEFSCUN operates as a national apex organization offering a portfolio of services to Savings and Credit Cooperative Societies (SACCOS) and their unions. The core digital offering is the Member Information System (MIS), an online portal for member organizations to access financial data and institutional management tools. Supporting services include supervision programs (SCAN, PROBATION, ACCESS) for quality assurance and compliance monitoring, training services with CTEVT short courses and regular training programs, interlending for financial resource sharing, and stationery supply services. The organization also publishes the Saccos Aawaj online news portal and tri-monthly publication. A Stabilization Fund provides financial reserve support to member cooperatives. The product portfolio functions as a federated cooperative support ecosystem rather than a unified technology platform.

Differentiator

Problem solved

Functional benefit

Brands

• Saccos Aawaj: Online news portal and tri-monthly publication for cooperative news and updates.
• Stabilization Fund

Products and services

• Member Information System (MIS)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• ACCU (Association of Asian Confederation of Credit Unions)coreStrategic or Co-development PartnerInternational cooperative organization partnership for credit union development and exchange.
• World Council of Credit Unions (WOCCU)coreStrategic or Co-development PartnerGlobal credit union association providing technical assistance and development support.
• International Cooperative Alliance (ICA)coreStrategic or Co-development PartnerGlobal alliance of cooperative organizations promoting cooperative principles worldwide.
• National Cooperative Federation of Nepal (NCFN)coreStrategic or Co-development PartnerNational federation coordinating with other cooperative sectors in Nepal.
• EU (European Union)minorOthersInternational donor partner supporting cooperative development initiatives.
• Mercy CorpsminorOthersInternational development organization supporting financial inclusion programs.
• CICTAB (Center for International Cooperation and Training in Agricultural Banking)minorOthersTraining and capacity building partner for banking and financial cooperatives.
• BWTP (Banking with the Poor)minorOthersRegional network promoting financial inclusion through savings and credit.
• CCAminorOthersCooperative development support organization.
• NCF (Nepal Climate Change Initiative)minorOthersClimate change adaptation support for cooperatives.
• NYC NepalminorOthersNational Youth Council partner for youth financial inclusion.
• DSIK (Deutsche Gesellschaft fuer Internationale Zusammenarbeit)minorOthersGerman development agency supporting cooperative finance development.
• AFLATOUN InternationalminorOthersOrganization providing social and financial education for children and youth.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• National Agricultural Cooperative Marketing Federation of India (NAFED): National apex cooperative federation in neighboring India operating with comparable federation-of-cooperatives model in the agricultural and rural finance space; relevant regional analog for NEFSCUN's apex role.
• Association of British Credit Unions (ABCUL): UK credit union trade association representing credit unions and providing development services; directly comparable apex-body role in a different geography.

Broad incumbents

• Credit Union National Association (CUNA): US national credit union trade association providing advocacy, training, and compliance services to credit unions; analogous apex support role to NEFSCUN at much larger scale.
• International Cooperative Alliance (ICA): Global alliance of cooperative organizations promoting cooperative principles worldwide; NEFSCUN is a member — analogous apex-style umbrella body at international level.
• World Council of Credit Unions (WOCCU): Global credit union trade association and apex body that provides technical assistance to national cooperative federations including NEFSCUN; broader scope but same cooperative apex model.
• Desjardins Group: Canadian cooperative financial group with a federated cooperative banking model; relevant as a large-scale example of integrated cooperative apex-plus-retail-banking architecture.
• Association of Asian Confederation of Credit Unions (ACCU): Regional Asia-Pacific credit union confederation serving national apexes like NEFSCUN; operates at a higher regional tier but shares the cooperative apex support model.

Direct peers

• National Cooperative Federation of Nepal (NCFN): National apex federation for cooperatives in Nepal, directly comparable to NEFSCUN as a peer member-based national cooperative umbrella organization serving the same country and member base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSjv-BKFQxAseis-iLTiPXg
• Facebookfacebook.com/saccosaawaj.nefscun
• LinkedInlinkedin.com/company/nefscun

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Nepal Federation of Savings and Credit Cooperative Unions