Microfinance Loan Officer Job Vacancy in Burao, Somalia – Microfinance

Job Description

Position:Microfinance Loan Officer

Company:Kiva

Location:Burao, Somalia

Experience:2-4 years in microfinance, banking or related financial services

Education:Bachelor’s degree in Finance, Economics, Business Administration or a related discipline

Employment Type:Full-time

Industry:Microfinance

Department:Loan Services

Salary:SSP 1,200,000 – 1,800,000 per month

Vacancies:1

Company Overview

Kiva is a globally recognized nonprofit organization that connects lenders to entrepreneurs in developing economies, fostering financial inclusion and economic empowerment. With a strong presence across Africa, Kiva has partnered with local microfinance institutions to deliver affordable credit to underserved communities. In Somalia, Kiva collaborates with regional partners to support small‑scale businesses, agricultural producers, and women‑owned enterprises, driving sustainable growth and resilience. As part of its mission to expand access to capital, Kiva is seeking a dedicated Microfinance Loan Officer to join its Burao office, contributing to the broader goal of creating lasting impact through responsible lending.

Job Overview

The Microfinance Loan Officer will be responsible for evaluating loan applications, conducting field assessments, and managing a portfolio of micro‑enterprise borrowers in the Burao region. This role involves close interaction with clients, local partners, and internal teams to ensure that credit is allocated responsibly and that borrowers receive the support needed to succeed. The successful candidate will play a pivotal role in advancing Kiva’s vision of financial inclusion, while also enhancing personal career growth within the microfinance sector. For more information about Kiva’s initiatives, visit Somalia Job Search.

Key Responsibilities

• Assess loan applications by reviewing financial statements, business plans, and credit histories.
• Conduct on‑site visits to verify borrower information, assess collateral, and evaluate business viability.
• Prepare detailed loan proposals and present recommendations to the credit committee.
• Disburse approved loans and monitor repayment schedules, ensuring timely collections.
• Provide financial counseling and capacity‑building workshops to borrowers, enhancing their business management skills.
• Maintain accurate records in Kiva’s loan management system and generate regular performance reports.
• Collaborate with local microfinance partners to streamline processes and share best practices.
• Identify emerging market trends and propose product enhancements to meet client needs.

Required Skills

• Strong analytical abilities with proficiency in financial statement analysis.
• Excellent communication and interpersonal skills for client interaction.
• Ability to work independently and make sound credit decisions.
• Proficiency in Microsoft Office Suite and familiarity with loan management software.
• Knowledge of Somali microfinance regulations and cultural nuances.
• Problem‑solving mindset with a focus on client empowerment.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required. Advanced certifications in microfinance or credit analysis are advantageous but not mandatory.

Experience

Applicants should have 2–4 years of experience in microfinance, banking, or a comparable financial services environment, with a proven track record of managing loan portfolios and conducting field assessments.

Salary

The position offers a competitive salary ranging from SSP 1,200,000 to SSP 1,800,000 per month, commensurate with experience and qualifications. Performance‑based incentives may also be provided.

Benefits

• Health insurance coverage.
• Paid annual leave and public holidays.
• Professional development allowance.
• Transportation stipend for field visits.
• Retirement savings plan.

Training

• Comprehensive onboarding program covering Kiva’s policies, systems, and compliance standards.
• Ongoing training in credit risk assessment, financial inclusion strategies, and client relationship management.
• Access to online courses and workshops through Kiva’s learning portal.

Working Environment

The role is based in a modern office in Burao, with regular travel to surrounding districts for client visits. Kiva promotes a collaborative, mission‑driven culture that values diversity, innovation, and community impact.

Application Process

Interested candidates should submit their resume and a cover letter outlining relevant experience through the online application portal on the Kiva careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Kiva is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, ethnicity, religion, or background. All qualified applicants will receive consideration for employment without discrimination.