Build up Nepal and Deprosc Laghubitta Sign MoU to Empower Entrepreneurs in Earthquake-Affected Regions

Build up Nepal Engineering Pvt. Ltd and Deprosc Laghubitta Bittiya Sanstha Limited have signed an MoU to support aspiring entrepreneurs in establishing CSEB (Compressed Stabilized Earth Brick) interlocking brick manufacturing micro-enterprises in earthquake-affected regions of Jajarkot and Rukum West.

This partnership aims to aid in the reconstruction of homes and infrastructure destroyed by the 2023 earthquake, with a focus on rebuilding 79,000 homes. The initiative will mobilize NPR 60 million in loans to establish 150 micro-enterprises, which will contribute to the creation of 10,000 disaster-resilient homes.

Build up Nepal will also provide a 100% interest rate subsidy on loans through Deprosc, easing financial burdens. Both organizations are committed to fostering rural entrepreneurship, sustainable development, and long-term economic opportunities in the region.

Build up Nepal specializes in CSEB technology, empowering rural entrepreneurs to create eco-friendly bricks for affordable and disaster-resistant housing. Deprosc Laghubitta Bittiya Sanstha is a microfinance institution dedicated to supporting entrepreneurship and self-employment in Nepal's rural, disadvantaged communities.