NEPAL / SMALL BUSINESS
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STORY: NEPAL / SMALL BUSINESS
SOURCE: WORLD BANK
TRT: 2.28
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: RECENT, 2013, KATHMANDU, NEPAL
1. Med shot, classroom
2. Close up, text book
3. Close up, student
4. Wide shot, classroom
5. Med shot, teacher writing on board
6. Wide shot, man enters room
7.SOUNDBITE (English) Jackson Subeidi, Nepalese Business Owner:
“We needed to hire a person to do the registration process for us and it became a costly affair. If we didn’t have the facilitator then we would have had to visit the office minimum of five or six times.”
7. Wide shot, classroom
8. Wide shot, Nepalese mountainsides
9. Pan right, government building
10. Close up, piles of documents
11. Close up, piles of documents
12. Wide shot, piles of documents
13. Med shot, man looking at documents
14. Close up, hands typing on computer
15. Med shot, men working on computers
16. Close up, computer screen in Nepalese
17. Pan right, man working on computer
18. Close up, barcode
19. Close up, hand peeling off sticker
20. Close up, hand placing sticker
21. Med shot, man looking at computer
22. Close up, hand typing
23. Close up, computer screen in Nepalese
24. Med shot, man in office
25. Wide shot, Kathmandu streets
26. Med shot, Xerox sign
27. Pan right, motorcycle repair shop
28. SOUNDBITE (English) Jackson Subeidi, Nepalese Business Owner:
"Back around 2006 every student wanted a safe job in a Bank. Now all of our students want to be an entrepreneur. And this easy registration process for businesses will certainly help them.”
28. Med shot, people in office
29. Close up, copy machine
30. Wide shot, people in office
31. Med shot, Jackson Subeidi in office
32. Close up, computer screen
33.SOUNDBITE (English) Jackson Subeidi, Nepalese Business Owner:
“I just had to go online to check the name, and fill out the information.”
33. Close up, computer screen
34. Pan right, Subeidi walks down hall
35. Med shot, Subeidi in office
36. Wide shot, Kathmandu streets
37. Close up, business sign
38. Med shot, man at computer
39. Med shot, business sign
40. Med shot, business sign
41. Wide shot, Kathmandu streets
At a private language school in Kathmandu, Nepalese students learn the finer points of Spanish grammar. The school has served more than a hundred students since it opened a few years ago. But it was a rocky start. Language school owner Jackson Subedi said he had to hire an expensive facilitator to get his business registered with the government.
SOUNDBITE: Jackson Subeidi, Nepalese Business owner:
“We needed to hire a person to do the registration process for us and it became a costly affair. If we didn’t have the facilitator then we would have had to visit the office minimum of five or six times.”
Nepal is known for its beautiful mountains. But these are familiar mountains of a different sort a backlog of applications from entrepreneurs seeking permission to open small businesses.
For years, the agency wasn’t computerized. And the system to register company names was archaic. But things are different now; with help from the World Bank Group's International Finance Corporation there’s a new database and digital filing system. They have registered approximately 114,000 companies, of which 90,000 have been scanned and digitized.
Streamlining the process of approval by government officials committed to getting businesses up and running.
The modernization comes just in time. Entrepreneurship is thriving in Nepal. It seems these days everyone wants to open up their own business.
SOUNDBITE: Jackson Subeidi, Nepalese Business owner:
“Back around 2006 every student wanted a safe job in a Bank. Now all of our students want to be an entrepreneur. And this easy registration process for businesses will certainly help them.”
Subedi is expanding his empire he recently registered another business using the newly automated process.
SOUNDBITE: Jackson Subeidi, Nepalese Business owner:
“I just had to go online to check the name, and fill out the information.”
His new company is called Hipster Technologies. And its mission: To help entrepreneurs thrive in Nepal now that it’s easier for start-ups to get registered file their annual reports and get down to business.