Will you use your leadership skills and microfinance experience to impact children’s lives and empower communities?
VisionFund Micro Finance Institution S.C. (Addis Ababa, Ethiopia) is seeking a dynamic, hands-on leader who has experience of growing organisations in complex environments to be our new Chief Executive Officer.
About VisionFund Micro Finance Institution S.C. in Ethiopia
We are a leading microfinance institution and part of the VisionFund International global network providing financial empowerment as part of World Vision, the largest Christian relief, development and advocacy organisation in the world. The VisionFund network serves over 1 million clients, create over 1.4 million jobs and improve the lives of over 3 million children in 35 countries. In Ethiopia VisionFund Micro Finance Institution S.C. operates via a network of nearly 50 branches and 460 staff with a current portfolio of ETB 325 million and 65,000 clients who have over 242,000 children. The main target are the active poor and with a preference to female clients with dependents.
Purpose of role: to implement the strategic goals and objectives of the organization as agreed upon with the Board of Directors of VisionFund Micro Finance Institution S.C.; give direction and leadership towards the achievement of the organization’s vision, mission, strategy, and its annual goals and objectives; represent the organization and strive to build a positive image in all relevant media.
Key responsibilities
About you
World Vision (WV) is a Christian relief, development, and advocacy organization dedicated to working with children, families and communities to overcome poverty and injustice. One important component of World Vision’s work is microfinance, providing financial services such as credit, savings and insurance to the poor, enabling them to earn increased income, build assets and provide for their families. Numerous studies confirm the strong impact of microfinance on the well-being of children. Studies also show, however, that the integration of microfinance with other development activities can have an even greater impact when compared to either microfinance alone or development activities alone. WV’s microfinance operations are managed through VisionFund International (VFI) and its 6,000 staff, a WV subsidiary. VFI manages a network of 36 microfinance institutions (MFIs) globally and has outstanding loans of approximately $450 million to some 800,000 clients and annual network revenues of over $138 million. The MFIs were created to provide financial services in the areas where WV works.
