Microfinance Executive

Role Summary: The Microfinance Executive will be responsible for managing and expanding microfinance operations within assigned geographical areas. This role involves client acquisition, loan processing, repayment management, and ensuring compliance with regulatory guidelines. The executive will play a key role in empowering underserved communities through accessible financial services.

Key Responsibilities:

• Identify and onboard new microfinance clients, conducting thorough needs assessments and eligibility checks.
• Process loan applications, ensuring accuracy and completeness of documentation.
• Disburse loans and monitor their utilization by clients.
• Manage loan repayment schedules, follow up on overdue payments, and implement recovery strategies.
• Conduct regular client meetings and field visits to assess business progress and provide support.
• Maintain accurate client records and transaction details in the microfinance management system.
• Ensure compliance with all internal policies, procedures, and regulatory requirements.
• Promote financial literacy and awareness among clients.
• Prepare and submit periodic reports on portfolio performance and client activities.