Jasiri Fund Loans Officer at Center for Rights Education And Awareness (CREAW)

JOB PURPOSE

CREAW is seeking a dedicated and results-driven Loans Officer to join the team and play a key role in implementing the Jasiri Program. The primary role of the Loans Officer is to manage the loan application process, evaluate loan applicants, monitor loan portfolios, and provide financial guidance to program participants to ensure successful loan application, utilization and repayment.

SCOPE OF WORK

The Jasiri Fund Loans Officer will be responsible for:

Outreach and Promotion:

• Conducting outreach activities to promote the Jasiri loans to women entrepreneurs.
• Assist in organizing informational sessions and workshops on financial literacy and loan application processes.

Safeguarding

• Ensure compliance to the Jasiri program safeguarding strategy.
• Ensure adherence to the Jasiri program Data privacy, protection and management strategy.

Loan Processing

• Assisting applicants in completing loan applications and ensuring all necessary documentation is provided.
• conduct due diligence, and make recommendations for loan considerations
• Evaluating loan applications.
• Presenting loan applications to the loan committee and making recommendations for approval.

Loan Disbursement and Monitoring:

• Following up on loan disbursements to approved borrowers.
• Monitoring the use of loan funds to ensure they are used for the intended purposes.
• Conducting regular site visits and follow-ups with loan recipients to track progress and provide support.
• Support program evaluation and learning activities to assess the effectiveness and impact of the Jasiri Program.

Reporting and Record-Keeping:

• Maintaining accurate records of all loan applications, disbursements, repayments, and follow-up activities.
• Preparing regular reports on the status of the loan portfolio and program impact.

Capacity Building:

• Providing financial literacy education and training to women entrepreneurs.
• Offering guidance and support to loan recipients to help them achieve their business goals.

Diversity and inclusion:

• Ensure diversity and inclusion in the program interventions specifically for persons with disability and refugees.

QUALIFICATIONS AND EXPERIENCE

• Bachelor’s degree in finance, economics, business administration, or a related field.
• At least 5 years of experience in financial services, micro-finance, or economic empowerment programs.
• Strong understanding of loan management, credit risk assessment, and financial analysis.
• Experience working with women entrepreneurs, small and medium enterprises, or marginalized and vulnerable communities.
• Excellent communication and interpersonal skills, with the ability to build relationships and provide mentorship and support to program participants.
• Proficiency in MS Office applications and experience with loan management software is desirable.
• Knowledge of gender issues, women’s empowerment, and social entrepreneurship is an advantage.
• Experience working with vulnerable populations, particularly women and youth, is preferred
• Experience in fundraising, proposal writing, and donor reporting is desirable.