Credit Guarantee Advisor

The Coronavirus pandemic is negatively impacting Kenya’s economy, in particular micro, small, and medium enterprises (MSMEs) and their ability to access financing. The Central Bank of Kenya revised its GDP estimate for 2020 from the initial growth of 6.2% to 3.4%, whereas a McKinsey & Company report placed reduced the growth expectations for Kenya to 1.9%.
To stimulate financing, specifically for MSMEs, the Government of Kenya is considering a loan guarantee mechanism for financial institutions. The Kenya Investment Mechanism may assist in the development and launch of such a guarantee fund.
KIM seeks to develop a pool of short-term financing experts who can strategically complement the development, design, launch, implementation, and monitoring of a credit guarantee fund.

Responsibilities

Design and development
· Implementation
· Implementer capacity building
· User training
· Claims processing
· Monitoring
· Legal and policy regulations
This scope of work is not just about advising and directing the development of a guarantee model. It’s about co-creating with GoK stakeholders and strategically complementing our GoK partners, building their capabilities for future self-reliance.

Job Requirements
Required education
: Bachelor's degree

Required relevant work experience
: 10 years

Required languages:
English (Spoken: fluent | Written: fluent)
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