Group Loan Officer
Location | Kampala, Uganda |
Date Posted | February 1, 2025 |
Category |
Accounting
Finance |
Job Type |
Full-time
|
Currency | UGX |
Description
Job Summary
The Group Loan Officer will be responsible for mobilizing and recruiting potential clients for group loans, assessing loan applications, and ensuring proper monitoring and follow-up on repayments. This role requires strong interpersonal skills and an understanding of financial literacy to guide clients in making informed decisions.
- Minimum Qualification : Bachelors
- Experience Level : No Experience
- Experience Length : No Experience/Less than 1 year
Job Description/Requirements
Job Title: Group Loan Officer
Location: Fort Portal, Uganda
Company: Yopsa Microfinance
Employment Type: Graduate Trainee (3 Months)
Job Overview:
The Group Loan Officer will be responsible for mobilizing and recruiting potential clients for group loans, assessing loan applications, and ensuring proper monitoring and follow-up on repayments. This role requires strong interpersonal skills and an understanding of financial literacy to guide clients in making informed decisions.
Key Responsibilities:
- Identify, recruit, and mobilize potential clients for group loans.
- Conduct financial literacy training sessions for loan applicants.
- Assess and analyze loan applications to determine client eligibility.
- Monitor loan repayments and ensure timely collection.
- Conduct follow-ups on defaulters and implement recovery strategies.
- Maintain accurate client records and prepare periodic reports.
- Develop and maintain strong relationships with clients to foster trust and loyalty.
Requirements:
- Recent graduate (2022 to date) with a degree or diploma in Business, Finance, Accounting, Marketing, or a related field.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Ability to work with minimal supervision and meet set targets.
- Passion for the microfinance sector and financial inclusion.
Program Details:
- Duration: 3 Months Graduate Trainee Program.
- Location: Fort Portal, Uganda.
- Retention: Best performers will be considered for permanent positions.
- Remuneration: Unpaid training program with a stipend provided for basic expenses.