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Jasiri Fund Director at Center for Rights Education And Awareness
4 months ago
The Centre for Rights, Education and Awareness (CREAW) is a feminist, non-profit womens rights organization that seeks to confront the low awareness of womens real needs and rights in Kenya. CREAW envisions a transformed and just equal society and its mission is to champion, expand and actualize womens rights.
Purpose
The Jasiri Consortium comprising Centre For Rights Education and Awareness (CREAW), Grassroots Organizations Operating Together in Sisterhood (GROOTS Kenya), Collaborative Center for Gender and Development (CCGD), Centre for Domestic Training and Development (CDTD) and Advocates for Social Change Kenya (ADSOCK) are jointly implementing the Jasiri Scale Up Program for a period of 5 years (2023-2028). The consortium seeks to hire an experienced finance and investment professional to manage the Jasiri Fund which comprises up to 6,000,000 USD in concessional loans and grants to survivors of gender-based violence.
Context
The Jasiri program builds on the achievements of a pilot program implemented by the consortium during the COVID Pandemic to address the high incidences of gender-based violence. The program seeks to deepen support to most at-risk girls and young women who are survivors of gender-based violence in 16 counties in Kenya that are recording high prevalence rates of Gender Based Violence. The Jasiri Program will expand its scope to address GBV and the heavy load of unpaid care and domestic work as an emerging gender barrier that disproportionately affects adolescent girls and young women living in rural areas and urban informal settlements.
This scale up will address the following systemic and structural barriers:
Limited access to gender-responsive financial resources and skilling would reduce entrepreneurship and employment opportunities for adolescent girls and young women who are GBV survivors or at risk of GBV.
Limited capacity and resources among national and sub-national (county) governments and GBV service providers to effectively respond to GBV and unpaid care work faced by adolescent girls and young women.
Social norms and harmful cultural beliefs, attitudes and practices expose AGYW to abuse and discrimination and prevent them from meaningfully participating in the world of work.
The programs broad interventions are
Engage financial services providers and State department of gender to build up responsive and inclusive financial services that cater to the full range needs of young women especially gender-based violence survivors.
Support and collaborate with community skilling partners to provide skilling opportunities (life skills, entrepreneurship) to GBV survivors and most at-risk Adolescent Girls and Young women (AGYW) as a pathway to work
Collaborate with national and county governments and to address unpaid care and domestic work through policy, practice, and budget reforms.
Engage community leaders and gatekeepers (including men, boys, and cultural and religious leaders) in shifting perceptions, attitudes, and beliefs that perpetuate gender inequalities e.g GBV and the heavy load of unpaid care work.
Enhance capacity and resilience GBV service providers including Safe shelter actors to provide timely, safe, and confidential services to support the short- and long-term healing and empowerment of GBV survivors.
Enhance capacity of National and county governments (e.g., sensitization on how to domesticate national GBV policies and SOPs) to implement laws and policies that prevent and respond to GBV.
Some of the expected program outcomes will include:
Increased utilization and uptake of gender responsive and inclusive financial services/products by young women and young women owned MSME’s.
Enhanced resilience of GBV survivors and most at-risk adolescent girls and young women in entrepreneurship and in the world of work.
More time and agency for adolescent girls and young women to participate in economic opportunities.
Roles and Responsibilities of the Jasiri Fund Director
Strategy Planning and Implementation:
Oversee the development of strategies for the Jasiri fund’s activities related to providing loans and grants to women entrepreneurs in the 16 target Counties.
Coordinate the implementation of strategies to maximize the impact of loans and grants to the women survivors of GBV under the Jasiri Program.
Advice the Jasiri Program on measures to ensure sustainability of the Jasiri Fund through loan collections and recycling
Financial Management:
Oversee the financial management of the Jasiri Fund (program grants and loans), budgeting, financial reporting, and ensuring compliance with financial regulations and laws of Kenya.
Monitor the allocation of funds to ensure efficient use and achievement of objectives.
Risk Management:
Assess and identify risks associated with providing loans and grants to the program participants, develop and coordinate implementation of strategies to mitigate these risks.
Ensure compliance with risk management policies and procedures under the program.
Stakeholder Engagement:
Build and maintain relationships with multiple stakeholders including financial services providers (FSP’s), women entrepreneurs, partner organizations, donors, and government agencies.
Work with stakeholders to identify opportunities for partnership and resource mobilization to maximize program impact.
Program Development and Evaluation:
Coordinate the design, development and implementation of interventions to support women entrepreneurs, including capacity building, mentorship, and networking opportunities.
Oversee the monitoring and evaluation of program interventions on financial inclusion for survivors of GBV and make recommendations for improvements.
Liaise with the program communications and impact leads to document success stories and systemic changes around financial inclusion attributable to the program interventions.
Oversee the development and implementation of a sustainability plan.
Compliance and Reporting:
Ensure compliance with all relevant laws, regulations, and policies ,particularly those that govern financial services and products in Kenya
Prepare regular reports for the Investment Advisory Committee and the Program Steering Committee and any other relevant government agency, on the fund’s activities, financial status and achievements.
Team Management:
Liaise with organizational line managers to guide fund managers in the respective consortium partner organizations managing loans and grants to survivors of GBV.
Foster a positive and supportive work environment, and encourage professional development and growth.
Advocacy and Awareness Building:
Support program related advocacy interventions for systemic change specifically on policies and initiatives that support women’s economic empowerment.
Requirements
Qualifications of the consultant.
Master’s degree in finance, business administration, economics, entrepreneurship, commerce or related field.
Minimum 7 years of proven experience in financial management, preferably in the banking and financial services sector (microfinance institutions and other financial intermediaries) in the context of women’s economic empowerment and social impact funds and product management
Commitment to gender equality and women’s rights and demonstrable experience working with non-governmental entities on designing and implementing economic empowerment programs for marginalized populations, including survivors of gender-based violence.
Demonstrable leadership and team management abilities and excellent communication, and interpersonal skills.
Knowledge of relevant laws, regulations, and best practices related to financial management and women’s economic empowerment.
Ability to work effectively in a multicultural and multidisciplinary environment.
Must be a team player and a collaborator who can provide strategic leadership on the Jasiri Fund.
Reporting
The Fund Director will report to the Investment Advisory Committee and the Program Steering Committee of the Jasiri Program.6. Duration
The contract duration is two years, renewable.
Location
The position is based in Nairobi, with occasional travel
