About The Terimbere MSME Village And G2S Catalytic Funds
The Terimbere MSME Village Catalytic Business Development Support Fund (“Terimbere Fund”) intends to support MSMEs by
providing subsidies to access a defined set of business development services. The Terimbere Fund is used by MSMEs to provide affordable yet high-quality accounting, tax, legal, credit application support, HR, Operations, and other business development services.
The G2S Catalytic Fund
provides matching grants (returnable and non-returnable) to MSMEs especially those led by youth, women, and other vulnerable segments working in the agribusiness, tourism, and hospitality sectors to be used for activities such as prototyping solutions and/or other advancements in innovative products and services.
The goal of these funds is to help SMEs access debt and/or equity financing, increase productivity and efficiency so as to create dignified and fulfilling employment opportunities especially for young Rwandan women.
Further details on the scope and deployment of these funds will be elaborated in consultation with the selected Investment Manager and stakeholders both internal and external to AFR.
Scope Of Responsibilities
The Investment Manager is responsible for the development, implementation, and reporting of the Terimbere MSME Village and G2S Funds.
Reporting line: The position reports to the Chief Programs Officer of AFR.
Supervises: Investment Analysts
Location: Kigali, Rwanda.
Duration of the contract: Two years renewable based on performance.
Expected starting date: February 2024.
Responsibilities
The
Investment Manager will be responsible for the following key tasks in relation to the
Terimbere MSME Village and G2S Funds:
- Assist in the development, refinement, and elaboration of Terimbere and G2S Funds policies, procedures, processes, and tools
- Meet with and provide advisory services to MSME executives and business owners at Terimbere MSME Village offices in Kigali and across Rwanda
- Encourage and assist MSMEs in completing relevant online diagnostic surveys
- Review applications submitted by Terimbere MSME Village partners
- Train, coach and mentor Investment Analysts, Business Development Advisors (BDAs) and BDS Providers on MSME diagnostic tools and any other business development services
- Be responsible for interpreting MSME diagnostic results and qualify MSMEs ability to be supported by Terimbere and/or G2S Funds according to fund policies
- Identify investment impediments hindering access to finance and growth for MSMEs as well as opportunities for innovation support
- Answer MSME and Investment Analyst questions on the components and requirements of the funds and assisting MSMEs in collecting documents and completing applications to the Terimbere and G2S Funds
- Review and evaluate the support provided to MSMEs by selected service providers and related deliverables and provide clear recommendations to Management and Investment Committees
- Lead Investment Analysts and assist MSMEs in utilizing the Terimbere and G2S Funds in a responsible manner
- Produce actionable reports on the progress and roadblocks experienced by MSMEs in the use of these funds and services as well as developing solutions to roadblocks and recommendations for adjustments in fund policies and procedures
- Monitor, evaluate and document the impact being created by investments made
- Communicate and coordinate regularly with the other project employees
- Lead and coordinate collaborations with stakeholders inside and outside of AFR
- Contribute to project activity planning, reporting, data analysis, and budgets as requested
- Promote Terimbere Village proposition across Rwanda and abroad
- Support Management in fundraising efforts for the Terimbere Facility
- Other duties as assigned by Supervisor
Educational Qualifications
- Bachelor’s degree in management, Economics, Development Studies, or similar discipline
- Professional Qualification in Investment Analysis and Advisory, MSME Finance, etc. is preferred
Experience And Technical Skills
- Minimum 8 years of working experience in an Investment Advisory Firm, Development Finance Institution, Impact Investment Fund, Fund Management, or in a related position involving MSMEs and investment.
- Management experience in MSMEs and investment contexts
- Experience working across multiple stakeholder groups and organizations
- Familiar with the MSME market and challenges in accessing financing and creating jobs in Rwanda.
- Excellent writing, analytical and communication skills in written and spoken English and Kinyarwanda.
Attitude/ competences
- Proven capabilities of being well organized, attentive to details, and use of concise, persuasive writing.
- Ability to work in a team, including providing strategic inputs and effectively contributing to joint planning and implementation of program activities.
- Ability to work independently, proactively, manage multiple tasks, and set priorities to meet deadlines inside and in collaboration with external stakeholders.
How To Apply
All qualified applicants should submit their applications by clicking on the
Apply button by latest
17th January 2024 at 5 pm.
The application should contain a
Resume with an
e-mail address, daytime telephone contact, qualifications, achievements, experience, and names & addresses of three professional referees, together with a cover letter (maximum 2 pages) summarizing why you consider yourself particularly well suited for the position. Do not attach any other documents at this point. All applications will be selected on merit and only shortlisted candidates will be invited for interviews. For any questions regarding the application process, please contact humanresources@afr.rw
Note
- This position is open to Rwandan national candidates only.
- Qualified women candidates are highly encouraged to apply.
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