Chairperson Message

I take this opportunity to express sincere gratitude to the member affiliates, entire SACCOS community, the cooperative movement and stakeholders for exercising their voting and voicing rights in the 32nd Annual General Meeting held on 23 and 24 December 2023. This new role for me is a good mix of emotions filled with thrill and trepidation. I am thrilled in the sense that I have a nice combo of an experienced and energetic team in the board and diligent human resource in the management. The other emotion of apprehension is whether I would be able to meet up the challenges that lie ahead in the cooperative sphere and deliver. There is no second thought that the economic sector of the country has been hit hard. The globe has suffered. As a result, ambitious plans have been put on a hold and revised. The new board has internalized the changed context and has discussed to deliver our best amidst hardship. We are bouncing back to members, updating them about the volatile circumstances, heeding them, accepting their constructive feedback and incorporating them in our strategic direction. Also, we are knocking the doors of the stakeholders to clear out the statutory hindrances, demand what is right for the SACCOS movement like a separate act, structural amendments in Stabilization Fund, immediacy of Credit Information Bureau, Debt Recovery Tribunal, Savings and Deposit Protection Fund, etc. I am hopeful that the rich leadership legacy of NEFSCUN will give us strength to work for the betterment of the movement. And I pledge to be relentless in this direction of a cooperative renaissance with support from all corners.

Sincerely,
Chandra Prasad Dhakal
Chairperson, NEFSCUN