The International Finance Corporation (IFC) is a member of the World Bank Group It promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives. In addition to its investment work, IFC provides advisory services to a number of its clients to support them in meeting specific development goals.
Background
Standard Bank of South Africa and IFC (the Partners) are partnering to establish a specialized commercial microenterprise credit provider (the Company) targeting the South African microenterprise market. The Company will aim to become the leading microenterprise finance provider in South Africa and to set new standards in terms of professionalism, transparency, efficiency, and responsibility.
Standard Bank of South Africa and IFC (the Partners) are partnering to establish a specialized commercial microenterprise credit provider (the Company) targeting the South African microenterprise market. The Company will aim to become the leading microenterprise finance provider in South Africa and to set new standards in terms of professionalism, transparency, efficiency, and responsibility.
About the Job:
IFC is looking for experienced microfinance operators to indicate their interest in providing the microenterprise finance services. The operator will be expected to invest in, manage, and provide all necessary specialized technical assistance (TA) to the Company in order to ensure that sustainable and profitable operations are achieved within a reasonable timeframe.
IFC is looking for experienced microfinance operators to indicate their interest in providing the microenterprise finance services. The operator will be expected to invest in, manage, and provide all necessary specialized technical assistance (TA) to the Company in order to ensure that sustainable and profitable operations are achieved within a reasonable timeframe.
Qualifications:
- Experience with establishing and/or managing microenterprise-focused financial institutions in more mature/advanced (middle-income) markets;
- Specific familiarity with the Southern Africa microenterprise market.
Closing Date: 25 Jan 2013
EoI: Creation and Management of a Specialized Microenterprise Finance Company in South Africa
![EoI: Creation and Management of a Specialized Microenterprise Finance Company in South Africa]()
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