Tuesday, December 10, 2013

[MFP] Seeking a Chief of Pary

 

CARE Canada is currently seeking a Chief of Party for the POWER Africa project, starting January 1st, 2014.  The position description is below.  To apply please visit http://care.ca/about-us/careers and click on Job Opportunities.

 

CARE International is one of the world’s leading non-governmental relief and development organizations and is currently the world’s leading organization in the promotion of Village Savings and Loan Associations (VSLA) in Africa, reaching more than 3.8 million people in 26 countries. 

 

CARE Canada’s POWER Africa project aims to increase financial inclusion in Burundi, Côte d’Ivoire, Ethiopia and Rwanda through the VSLA approach while also creating a platform for sharing lessons learned within and between the 4 target countries. Although financial inclusion levels and rates vary across the 4 project countries, the poorest households in rural areas are still significantly excluded from financial services. The CARE model is based on VSLA as a means to not only provide access to valuable financial services, but to provide a pathway for formal financial inclusion. VSLA builds the financial skills and assets of participating households by providing access to a safe, convenient place to save as well as small timely loans. VSLAs provide the members with practical financial experience which they can leverage to successfully engage with formal financial service providers (FSPs). Equipped with financial literacy to ensure that members understand the way that formal financial markets work, pilots linking VSLA with FSPs have resulted in increased financial access for VSLA participants and high repayment rates for the banks.

With a budget of over $13 million, the project’s ultimate goal is to increase financial inclusion for 480,000 individuals and their families in the 4 target countries. Depending on the country and context, this will be achieved through:  1) extending VSL outreach to 300,000 new clients; and 2) providing opportunities for 205,000 people to access formal financial services through linkages to various service providers including through the introduction and expansion of technology-enabled financial services.

Position summary:

The Chief of Party (COP) provides overall leadership and direction to the POWER Africa project, including personnel and financial management, administrative oversight and program quality assurance.  The COP also ensures that lessons are captured, necessary studies are conducted, and results and project achievements are disseminated within the countries (and across  the region).

The COP will lead the four year, four country initiative to scale up CARE’s Village Savings and Loans Assocation (VSLA) programs and develop programmatic approaches that link VSLAs effectively with financial service providers. 

 

 

Lauren Hendricks

Executive Director, Access Africa

CARE USA

lhendricks@care.org

+255 784 348474

Skype: lauren_hendricks

 

From: MicrofinancePractice@yahoogroups.com [mailto:MicrofinancePractice@yahoogroups.com] On Behalf Of Maude Massu
Sent: Wednesday, December 04, 2013 6:26 PM
To: microfinancepractice@yahoogroups.com
Subject: [MFP] A new revolution in banking- featuring CARE's Banking on Change partnership

 

 

Greetings All,

 

You may find this article in the UK’s Evening Standard of interest to read about CARE’s financial inclusion work with Barclays in Uganda.

 

http://www.standard.co.uk/business/business-news/sarah-sands-a-new-revolution-is-sweeping-through-africa--in-banking-8977387.html?origin=internalSea

 

Kind regards,

Maude 

 

Maude Massu
Microfinance Advisor
CARE International UK
Direct Line: +44 207 091 6054
Email: massu@careinternational.org Website: www.careinternational.org.uk 

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