Crisis Response Financing Consultant
The activity seeks to engage a crisis financing expert to identify, evaluate and prioritize potential crisis response strategies for financial institutions (FIs) operating in the region, including the Impact for Northern Kenya Fund, its clients, county revolving funds, and banks, micro-finance institutions (MFIs), SACCOs and pay-as-you-go service providers working in the region.
Research and propose areas how financiers (Impact for Northern Kenya Fund, banks, MFIs, SACCOs and county funds) can respond to the current drought crises, including providing capital to recover from, respond to and prepare for current and future droughts
Work with the FIs, including the Fund, to identify and propose sustainable and semi-sustainable mechanisms through which crisis response financing may be provided to FIs and SMEs
Identify ways in which local FIs can utilize financing to provide new/updated financial products and services to drought impacted MSMEs
Propose ways that USAID Kuza and other donor-funded projects may measure the impact of drought financing, identifying ways that initial response and future resilience to crises has been improved (where relevant)
Must have experience in finance, economics, business studies, entrepreneurship, development studies, or other relevant qualifications
Experience and prior clients working in finance
Strong experience in crisis response financing, including experience in financing measures to respond to drought
Previous experience working with FIs in Northern Kenya or East Africa region
Experience in agricultural and/or livestock lending and familiarity with common financial products used
Ability to provide a list of previous work in this area will be an added advantage
MODE OF APPLICATION
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Since 1963 and in 146 countries, ACDI/VOCA has empowered people in developing and transitional nations to succeed in the global economy. Based in Washington, D.C., ACDI/VOCA is a nonprofit international development organization that delivers technical and management assistance in agribusiness, financial services, enterprise development, community development, and food security in order to promote broad-based economic growth and vibrant civil society. ACDI/VOCA currently has approximately 50 projects in 30 countries and total revenues of $174 million.