Muktinath Krishi Company Limited (MKCL) was established in 2018 as a subsidiary of Muktinath Bikas Bank Limited (MNBBL), which was founded in 2007. MKCL’s vision is to enhance agricultural commercialisation by providing market access, quality inputs, and technology to farmers. With an authorised capital of NPR 1 billion and a paid-up capital of NPR 400 million, MKCL aims to become a leading player in both the agricultural input and output markets. The company trades premium agricultural produce under its brand while also manufacturing and selling quality agri-inputs.

Prior to the CASA partnership, MKCL had already established a distribution centre in Kathmandu and entered the wholesale vegetable market. With 11 employees, it offers a range of services including agri-input distribution, mechanised equipment sales, soil testing, and technical advisory services. Through partnerships with six multinational and international companies, MKCL promotes co-branding and knowledge exchange to strengthen its supply chain and improve market access for farmers, ensuring competitive pricing and fair payment based on product quality. Additionally, the company aims to provide advisory services, soil testing campaigns, and agricultural loans through MNBBL to enhance farmers’ productivity.

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Scaling Up Commercial Agriculture through Input Supply and Market Linkages

The partnership between CASA and MKCL was designed to support the company’s growth by addressing its key constraints and leveraging investments to enhance its operational capacity. The partnership focused on improving MKCL’s collection and processing facilities, strengthening marketing and sales efforts, supporting product diversification, adopting modern technology, and obtaining quality certifications such as ISO and HACCP to increase market reach and product quality.

The project had a budget of £132,185 (£65,969 from CASA) to achieve several goals, including building new distribution centres, expanding its product portfolio, and increasing access to agri-inputs. This allowed MKCL to increase market access for smallholder farmers and drive value addition in its supply chain. CASA’s support focused on enhancing the capacity of supplier farmers by providing training in Good Agricultural Practices, post-harvest management, food and nutrition security, and business literacy.

MKCL has also adopted technology to digitise its operations in the form of a fruit and vegetable market management information system, improving supply chain management and operational efficiency. The investment has facilitated the construction of additional collection facilities and sales outlets and has provided the necessary working capital to drive business growth. Through these efforts, MKCL plans to further increase its supply chain capacity and market reach, expand into new markets, and incorporate more smallholder farmers into its operations. Muktinath had initially planned to open a distribution centre but due to the impact of Covid-19 it had to change it business plan and instead focused on partnering with cooperatives for trading of commodities. 

After receiving this support, MKCL has increased its sales from improved vegetable production and marketing, connecting 1,593 trained farmers (60% women) to the market at competitive prices. The company also anticipates facilitating at least 200 farmers in securing agriculture loans and supporting five farmer organisations (FOs) in accessing wholesale lending from MNBBL. Muktinath Krishi has officially become a publicly listed company, marking a milestone in its institutional growth and signalling increased investor confidence in Nepal’s agri-business sector. MKCL has started trading vegetables with one of the cooperatives under its own brand name.

Updated: August 2025