THRIVE Regional Manager, Financial Inclusion-LACRO, VisionFund International

VisionFund's work seeks to end intergenerational poverty through financial products and services. We're about the long-term change that ensures children can break free of the poverty cycle, for good.

By supporting people and communities living in poverty to develop and grow their livelihoods, VisionFund is catalysing sustainable economic growth to break the cycle of poverty, so that children can reach their potential as communities thrive.

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Overview

VisionFund is World Vision’s microfinance provider serving vulnerable clients through loans, savings, and insurance. We enable families to grow their livelihoods in hard to reach, rural locations in 28 countries so that caregivers can create secure futures for their children. We believe in brighter futures for children; empowering families to create incomes and jobs; unlocking economic potential for communities to thrive. Join VisionFund as we seek to end intergenerational poverty through microfinance.

VisionFund is implementing the Thrive 2030 project in 11 countries including Guatemala and Honduras. A critical part of this is the roll out of the FAST (Finance Accelerating Savings group Transformation) loan product through VisionFUnd’s MFIs. This is VisionFund’s program to offer financial services to saving groups including developing a digital loan product. The flagship product, the saving group linkage loan, follows a methodology, specifically designed to the target groups. This position’s purpose is to support and guide MFIs during the pilot and roll out of this product, focussing on countries in Latin America. We have already developed standards regarding product process, training materials and various guidance materials. The FAST managers are responsible for the implementation of the FAST product for the MFIs in the portfolio as per MFI plans and to pilot a phone loan in addition to support the THRIVE program with the digitisation of savings groups on the Dreamsave platform. Dreamsave Labs is our fintech partner to financially include rural savings groups. In addition, other credit products will be developed by MFIs to suit the needs of Thrive 2030 beneficiaries. The Regional Manager will ensure these are aligned well with the FAST product and meet Thrive 2030 targets and expectations.

The FAST manager will use the existing materials to support MFIs to increase their reach of savings groups through the FAST product. This will include capacity building among MFI staff, monitoring of operations both through field visits and through regular monitoring meetings, reports, etc, and developing new partnerships with NGOs. The priority countries of this role will be Honduras and Guatemala with the option of scoping other countries in the region as opportunity arises.

Key Responsibilities

• Support MFIs in the implementation of the Thrive 2030 Program in (Guatemala and Honduras) through capacity building; product pilot development for FAST and other credit products serving Thrive 2030 beneficiaries; product roll out support; and monitoring of implementation (including multi-year planning)
• Support digitization through roll out of the phone loan (where and if needed); training of MFI / WV staff, including champions and village agents on the Dreamsave app
• Provide oversight of roll out of usage of Dreamsave app and INSIGHTS (dashboard) by all users.
• Oversee and support the work of the local MFI FAST product manager and ensuring that other credit products in Thrive 2030 are implemented to meet program targets
• Coordination with World Vision and other NGO in the sensitisation of WV and other stakeholder of FAST & Thrive 2030 financial products; increasing the pipeline of SGs to be linked; and increase of the number of partners VF works with
• Provide advice on how training material can be improved for capacity building and network outreach especially the Digitisation Business Process
• Engage externally through speaking at events, webinars, conferences to share lessons learned with the goals being : contribution to knowledge sharing documentation and sharing of lessons learned; promotion of VFI visibility; and promotion of FAST visibility

Knowledge, Skills and Competencies