Portfolio Associate, Africa 1
- Company: Kiva Microfunds
- Deadline: Thursday 31st July 2014
- Location: Nairobi
Called the "hottest non-profit on the planet" by FORTUNE magazine and a Top 50 Website by TIME, Kiva (www.kiva.org) is the world's first personal micro-lending marketplace with a mission to connect people through lending to alleviate poverty. In just 8 years, Kiva has raised over $500 million for more than 1 million borrowers in 73 countries. Kiva combines the culture and approach of an internet start-up with an intense focus on alleviating poverty and serving the borrower-to-lender connection. Kiva is poised to take its initial success to a whole new level - targeting $1 billion in loans by 2017 and continued expansion into new areas (e.g. student loans, water, mobile, etc.). Headquartered in San Francisco, Kiva's team has 100+ employees and 500+ volunteers worldwide.
Kiva's Partnerships team works primarily with Field Partners who post borrower profiles from all over the world onto the Kiva website. The team is responsible for sourcing, monitoring and managing relationships with Field Partners, training Partners, reviewing their loan profiles prior to public release, and ensuring that existing Partners are compliant with Kiva policies and aligned with Kiva's social mission and strategic focus. The Partnerships team includes Risk and Operations, the Review and Translation Program, Strategic Initiatives, and three regional teams focused on managing partnerships in Europe & Asia, Africa, and Latin America & Caribbean.
The Portfolio Associate role is responsible for developing, fostering, and supporting relationships with the Kiva Field Partners within countries in Africa. This position is based in Kiva’s office in Nairobi, Kenya and reports to the Regional Director of Africa. In addition to prospecting for new partners, this role provides onboarding, training, and operational support to Field Partners to ensure compliance with Kiva policies and the effective and efficient use of Kiva systems. Monitors the Partners through regular borrower verifications, review of repayment reports, and occasional onsite visits. Monitors risk, financial and social, of the existing Partners in the assigned region to mitigate any potential risk to Kiva’s reputation.
Partner Management — Monitor assigned partnerships (both remotely and in-person), including tracking financial performance, monitoring credit risk and social performance to ensure Kiva’s investments are impactful, and aligned with Kiva’s goals and mission. Provide updates to lenders on partners’ risk and social performance status as necessary.
Partner Monitoring – In collaboration with Regional Team, monitor all partners for compliance with Kiva policies, and adjust Kiva funding as necessary.
Business Development —Develop extensive network to source and recruit new partner organizations. Screen potential Partners, review Partner applications, accept/reject applications from Partners, as necessary.
Due Diligence— Conduct desk review and onsite due diligence for new potential partner organizations in the region to understand and assess financial management, social performance, and mission fit with Kiva. Present potential new Partners for approval.
Provide Partner Support— Act as the key point person at Kiva for field Partners, communicate Kiva mission, vision and strategies. Assist in onboarding approved partners, act as liaison between Kiva and the Partners, communicate Kiva policy to partners and update Kiva on any new Partner developments and/or issues. Provide assistance, as needed, to resolve issues faced by the Partners such as trouble accessing tools provided by Kiva.
Manage Volunteers— Oversee Kiva Fellows including assisting with Training Week and providing supervision and guidance throughout the Fellow’s placement. Develop a work plan and review each Fellow’s deliverables on an ongoing basis.
Bachelor’s degree required.
Finance, International Affairs, and/or NGO management experience required.
2-5 years’ work experience in finance, and/or social impact business role.
Experience in microfinance industry, non-profits, social enterprise, or financial sector in general.
French fluency verbally and written.
Ability to network extensively and manage relationships.
Flexible and willing to adjust schedule in working across varying time zones.
Comfortable travelling extensively when needed, and working remotely in developing countries; ability to travel up to 30% of the time.
Strong communication skills including the ability to tailor communications to a wide variety of audiences and stakeholders.
Ability to manage time well and prioritize across competing tasks.
Comfortable designing and delivering trainings to individuals and groups.
Tech savvy. Proficient in MS Office and adept at learning and using web-based platforms.
How to apply
To apply, please attach your resume and cover letter as a single PDF doc called "YourName_Resume&CL". Applications without a cover letter will not be considered.
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