FORWARD Community Microfinance Bittiya Sanstha Limited, "build forward of the poor" is a microfinance development bank established in September 13, 2012 under Company Act of Nepal 2006. Nepal Rastra Bank, the central bank of Nepal granted a license in March19, 2013 to undertake financial activities under the Bank and Financial Institution Act 2006.
It started its formal operation from May 17, 2013. FORWARD Community Microfinance Bittiya Sanstha Limited (FORWARD) provides microfinance services such as Loans, Deposits, Micro-insurance and Remittance services to poor families of Nepal. The lending methodologies are individual lending based on Grameen Bank, Bangladesh model and group lending based on Self-help Group model through few specified branch offices.