Loan Officer

  OXUS Afghanistan
Bachelor's Degree   Multi Location Full Time 1678
Date Posted:May 23, 2017
Closing Date:May 30, 2017
Work Type:Full Time
Number of Vacancies:18
Functional Area:Business Administration
Salary Range:Salary is negotiable
Years of Experience:2 Years
Contract Duration:Not specified
Extension Possibility:Yes
Contract Type:Permanent
Probation Period:3 months
Required Languages:96,90,66

About OXUS Afghanistan:


OXUS Afghanistan started Operation in 2005 under support of ACTED, a development and relief NGO, which is operating in twenty five Countries of the world, and Microfinance Investment Support Facility for Afghanistan (MISFA). Currently, OXUS Afghanistan has a portfolio of over AFN 816 million with an outreach of about 22,000 customers managed through 19 Branches, 10 provinces. OXUS Afghanistan is a part of OXUS Group, a global network of Microfinance Institutions created by ACTED, a leading international NGO operating in 25 countries. OXUS Afghanistan was created with funding from the Microfinance Investment Support Facility for Afghanistan (MISFA), a Government Apex agency set up by international donors in 2003 in order to develop and support the microfinance sector in Afghanistan. OXUS Afghanistan Provides conventional and Islamic financing. OXUS -Afghanistan has individual and group lending which helps Afghan people have access to finance. OXUS-Afghanistan provides financing for youth and women as women improvement process and support them for better access to finance.

Job Summary:

Processes new micro loans to groups and individuals, prospects new customers and assists them during their whole loan application.

Duties & Responsibilities:

1) Processes new micro loans to groups and individuals:

a) Prospects new customers and assists them during their whole loan application;
b) Ensures that all forms are completed correctly by the clients, with special attention given to the accurate understanding and completion of the Business Profile by each client;
c) Conducts group loan appraisal by collecting detailed information (personal, business, guaranties);
d) Conducts due diligence on all potential individual customers to ensure that their business plans and guarantees are realistic and that the loan amount and term is suitable for them;
e) Gives his opinion during loan committee meetings to decide which groups will receive a loan;
f) Attends the signature of the contract and reads it thoroughly, especially the penalty clause;
g) Opens the loan account of his customers and follows up thoroughly the client relationship;
h) Develops his clientele by marketing and selling individual loans (only if no portfolio at risk);

2) Ensures timely repayments for all the loan installments:

a) Ensures a good record of the repayment schedules of all his clients;
b) Makes regular site visits to remind clients of their repayments and to check their business evolution;
c) Ensures that clients reimburse their loans on time and for the exact amount;
d) Follows-up immediately with any client not fulfilling his obligations and charge them penalties
e) Is directly responsible for any potential late repayment by the clients and works closely with the Loan Administrator or Branch Manager in order to eliminate any portfolio at risk immediately.

Job Requirement:

Afghan citizen
b) Minimum High School diploma (any country);
c) 2+ years experience with a Microfinance Institution preferable;
d) Strong organizational and interpersonal skills
Able to work independently and in a group, willing to take initiative, and energetic; Able to learn quickly
a) Fluent in Dari and English welcome but not essential

Job Location:

Afghanistan, Badakhshan, Jawzjan, Balkh, Kabul
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