Summary
Date Posted: Tuesday, February 14, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Responsibilities
• Formulate sound guidelines regulating the management of the scheme.
• Receive, register, vet and appraise applications for loans for consideration and granting.
• maintain minutes of the Board meetings and maintain proper records of the Board affairs and books of accounts.
• Receive and account for the funds.
• Regularly submit all returns and reports of the Board operations to the County Executive Committee through the County Executive Committee Member
• Carry out regular monitoring of all loan recipients to ensure the terms of the loan agreement are adhered to;
• Device clear mechanisms to ensure all loans disbursed are recovered within the set timelines.
• Be custodians of all Board assets and documentation;
• partner with other interested agencies and partners for the purpose of performing the functions and achieving its objects under these regulations;
• Formulate or approve standards, guidelines and procedures for funding proposals under the Act;
• Establish credit committees for vetting, recommending and approving loan applications at the Ward level’;
• Ensure that the money held in the Fund, including any earnings or accruals is spent only for the purposes for which the Fund is established;
• Authorize lending and allocations from the Fund;
• To perform and exercise all other functions and powers conferred on the Board by the Act

Requirements for appointment
• Kenyan citizen
• Resident of Migori County
• A bachelor’s degree in any of the following areas Entrepreneurship Management, Finance, Business Management, Economics, Mathematics or Statistics or any other business related field from a recognized institution
• Meet the requirements of Chapter 6 of the constitution of Kenya


Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure
The applications should be addressed to the: County Secretary, P. O. Box 195, 40400 Suna Migori and should reach on or before 22nd, February 2023

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