Kathmandu, Jan. 03, 2023:
Aloi Private Limited and NMB Bank Limited announced today that the companies have entered into a strategic partnership that will allow them to explore,
evaluate, cooperate, and work towards initiating and upscaling sustainable and green
businesses through digital financing.
NMB Bank Limited and Aloi Private Limited have inked an agreement to provide digital lending
services to micro-entrepreneurs working in the electric transport sector using Aloi’s digital loan
tracking system. The agreement was signed between the CEO of NMB Bank, Mr. Sunil KC, and
the Co-Founder of Aloi, Ms. Sonika Manandhar. The companies have agreed to explore more
green financing opportunities in agriculture and clean energy. This partnership is a step towards
instilling sustainable banking practices which will continue to foster wholesome economic
growth of the nation.
NMB Bank has been continuing to emerge as a leading commercial bank in Nepal driven by a
value-based approach, banking innovation, progressive business model, and social obligations
and aims to use finance to deliver sustainable economic, social, and environmental
development.
About NMB
NMB Bank Limited is an “A” class financial institution that has been operating in the Nepalese
financial market for 26 years and is one of the leading commercial banks in the country. In
recognition of its continued commitment towards sustainable banking practices, digitization, and
corporate governance, the bank has been awarded the prestigious Bank of the Year 2021, Asia
award—the first bank in Nepal to win such an award. In addition to being adjudged, the regional
winner for Asia in 2021 by The Banker Magazine, London, UK, NMB Bank has been adjudged
the country-level winner of the Bank of The Year awards in 2017, 2018, 2020, and 2021.
For more information, please visit: https://www.nmb.com.np/
About Aloi
Aloi is a platform for dedicated lending to emerging market green micro-entrepreneurs through
verified merchants. They are a green micro-entrepreneur financing platform using blockchain to
monitor business loan expenditures and repayment automatically. They specifically focus on
helping the “missing middle” of micro-business loans where entrepreneurs need more financing
than microfinance can provide but cannot access commercial bank loans.
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