Lalitpur is one of the 13 districts of Federal Nepal Bagmati Pradesh. We are proud to have Shubhalabh Multipurpose Cooperative Limited as one of the best cooperatives in this historic Lalitpur district.
This cooperative is operating smoothly in Lalitpur Metropolitan City Ward No. 15 Satdobato Chowk. In the area of 0-15-3-0 (fifteen annas and three paisas) owned by the organization, business has been operating from Shubhalabh Bhavan.
According to the Cooperatives Act, 2048 BS, it was registered in the Division Cooperative Office, Lalitpur under the name of Bhagwati Shubhalabh Multipurpose Cooperative Society Limited on September 15, 2008.
But efficient management was inactive. The new management took over the responsibility of the same cooperative from 1st of Asar 2063 BS. In which a group of 26 people took ownership of its operation.
The value and principle of cooperatives is an important aspect. Taking this into consideration, the new management came forward with the basic objective of economic, social and cultural development of the members of the organization. Initially, the business was started by setting up an office at the Scout Building at Lagankhel in Lalitpur by raising a share capital of Rs. 19,70,000.
The ninth general meeting held in December 2008 decided to change the name of the organization. Accordingly, the former Bhagwati Shubhalabh Multipurpose Cooperative Society Limited has been renamed as Shubhalabh Multi-Purpose Cooperative Society Limited.
The tireless efforts of the Accounts Committee and various sub-committees continued in this regard and those resolutions were thwarted by the sincerity and hard work of the well-to-do employees.
Thus, the multi-purpose cooperative has become popular among the community. The link to success mentioned above is not so limited. We are continuing our commitment for the economic prosperity of the members by further promoting the values and principles of the cooperatives. Will stay
The only financial option for sustainable and social, economic development for all members, Shubhalabh.
Benefit from supporting members' social and economic needs, providing competitive financial and relevant and appropriate livelihood services for upliftment.