A group of young people have started to run a saving and credit co-operative Ltd. named TEWA MULTIPURPOSE CO-OPERATIVE LTD. It was registered on 2064.This co-operative Ltd. is based on its internal resources i.e. saving deposites and share capital. As Co-operatice idea is practically sound to the members, each member introduces the idea to non-members of different communities. TEWA has promoted several savings and credit in Lalitpur Municipality
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Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as
In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid,