Website Aceli Africa
Aceli Africa is a market-enabling facility to mobilize over $600M in private sector lending for agricultural SMEs in Uganda, Kenya, Rwanda, Tanzania, and Zambia by 2025. To achieve this goal, Aceli Africa provides financial incentives to increase the risk appetite of ~40 financial institutions (c… read moreommercial banks, non-bank financial institutions, and social lenders) to make loans ranging from USD $15K-$1.5M to inclusive agricultural SMEs, while also facilitating technical assistance to SMEs to expand the ability of high-potential businesses to qualify for and manage financing. Aceli launched in September 2020 and, to-date, has secured $75M for activities in the five initial focus countries for 2020-25 from multiple donors and development actors, such as the Dutch Ministry of Foreign Affairs, IKEA Foundation, Swiss Development Corporation, UK FCDO, and USAID. Aceli Africa is an initiative of the Global Development Incubator (GDI), a nonprofit incubator of social impact initiatives based in the United States with an affiliated entity based in Kenya.
Key Responsibilities
As a key member of the Product team, you will play a vital role in ensuring the integrity and success of our loan program.
Evaluate and Approve Loans: You will be responsible for reviewing and assessing loan data submitted by our lending partners. By applying our established guidelines, you will make recommendations on which loans to approve or reject, directly impacting our ability to support deserving agricultural businesses.
Provide Actionable Feedback: When a loan application requires additional information, compile clear and concise feedback for the lender. Your communication will be crucial in guiding our partners through the process, ensuring we can resolve issues efficiently and move applications forward.
Inform and Advise: You won’t just be reviewing loans—you’ll be observing trends. By tracking and sharing your insights with senior team members and other internal stakeholders, you will help inform strategic decisions and improve our incentive programs.
Collaborate and Solve Problems: You will serve as a resource for internal teams, helping to address any questions or issues raised by our lending partners. You will also provide support on special projects, contributing to the broader goals of Aceli.
Qualifications
Education: A Bachelor’s degree in Finance, Accounting, Economics, or a related field.
Experience: 0-2 years of professional experience.
Analytical Skills: Exceptional attention to detail and the ability to quickly review complex documents.
Communication: Excellent verbal and written communication skills in English.
Agility: A quick learner who can manage their time effectively and handle a high volume of work, reviewing up to 10 loans per day.
Teamwork: A strong collaborator who can work well with peers and other Aceli team members.
Bonus: A passion for or interest in the agricultural sector is a huge plus.
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