The objective of this three-year panel survey is to provide the Government of Nepal with empirical evidence on the patterns of exposure to shocks at the household level and on the vulnerability of households’ welfare to these shocks. It covers 6,000 households in non-metropolitan areas of Nepal, which were interviewed in mid 2016. Being a relatively comprehensive and representative (rural) sample household survey, it can also be used for other research into living conditions of Nepali households in rural areas. This is the entire dataset for the first wave of the survey. The same households will be reinterviewed in mid 2017 and mid 2018. The survey dataset contains a multi-topic survey which was completed for each of the 6,000 households, and a community survey fielded to a senior community representative at the village development committee (VDC) level in each of the 400 PSUs.