As of December 2016 there are 48 MFDBs serving over 2 million individual clients in Nepal. In addition, there are 25 Financial Intermediary NGOs (FINGOs). These FINGOs have been mandated to transform to MFDBs and are in the process of doing so. In addition, there are 15 NRB-licensed SACCOs that report to the NRB. The rest (more than 31,000 cooperatives including more than 13,000 Savings and Credit Cooperatives) fall under the Department of Cooperatives. Together with the FINGOs, these cooperatives serve over one million clients. With a social mission, microfinance organizations are generally more willing and equipped than commercial banks to go into remote and challenging environments, largely relying upon group-based lending models and focused on serving women, the poor, and other disadvantaged groups (DAGs). By partnering with microfinance institutions, Sakchyam is able to provide one-stop financial products and services (loans, savings, remittance transfers, microinsurance, etc.) to clients that otherwise would be excluded from the formal financial sector.