CARE Canada Chief of Party (COP) – POWER Africa
CARE Canada is currently seeking a Chief of Party (COP) who will be based out of Kigali, Rwanda. CARE International is one of the world’s leading non-governmental relief and development organizations and is currently the world’s leading organization in the promotion of Village Savings and Loan Associations (VSLA) in Africa, reaching more than 3.5 million people in 26 countries.
CARE Canada’s POWER Africa project aims to increase financial inclusion in Burundi, Côte d’Ivoire, Ethiopia and Rwanda through the VSLA approach while also creating a platform for sharing lessons learned within and between the 4 target countries. Although financial inclusion levels and rates vary across the 4 project countries, the poorest households in rural areas are still significantly excluded from financial services. The CARE model is based on VSLA as a means to not only provide access to valuable financial services, but to provide a pathway for formal financial inclusion. VSLA builds the financial skills and assets of participating households by providing access to a safe, convenient place to save as well as small timely loans. VSLAs provide the members with practical financial experience which they can leverage to successfully engage with formal financial service providers (FSPs). Equipped with financial literacy to ensure that members understand the way that formal financial markets work, pilots linking VSLA with FSPs have resulted in increased financial access for VSLA participants and high repayment rates for the banks. With a budget of over $13 million, the project’s ultimate goal is to increase financial inclusion for 480,000 individuals and their families in the 4 target countries. Depending on the country and context, this will be achieved through: 1) extending VSL outreach to 300,000 new clients; and 2) providing opportunities for 205,000 people to access formal financial services through linkages to various service providers including through the introduction and expansion of technology-enabled financial services. The Chief of Party (COP) provides overall leadership and direction to the POWER Africa project, including personnel and financial management, administrative oversight and program quality assurance. The COP also ensures that lessons are captured, necessary studies are conducted, and results and project achievements are disseminated within the countries (and across the region). The COP will lead the four year, four country initiative to scale up CARE’s Village Savings and Loans Assocation (VSLA) programs and develop programmatic approaches that link VSLAs effectively with financial service providers.
CARE Canada’s POWER Africa project aims to increase financial inclusion in Burundi, Côte d’Ivoire, Ethiopia and Rwanda through the VSLA approach while also creating a platform for sharing lessons learned within and between the 4 target countries. Although financial inclusion levels and rates vary across the 4 project countries, the poorest households in rural areas are still significantly excluded from financial services. The CARE model is based on VSLA as a means to not only provide access to valuable financial services, but to provide a pathway for formal financial inclusion. VSLA builds the financial skills and assets of participating households by providing access to a safe, convenient place to save as well as small timely loans. VSLAs provide the members with practical financial experience which they can leverage to successfully engage with formal financial service providers (FSPs). Equipped with financial literacy to ensure that members understand the way that formal financial markets work, pilots linking VSLA with FSPs have resulted in increased financial access for VSLA participants and high repayment rates for the banks. With a budget of over $13 million, the project’s ultimate goal is to increase financial inclusion for 480,000 individuals and their families in the 4 target countries. Depending on the country and context, this will be achieved through: 1) extending VSL outreach to 300,000 new clients; and 2) providing opportunities for 205,000 people to access formal financial services through linkages to various service providers including through the introduction and expansion of technology-enabled financial services. The Chief of Party (COP) provides overall leadership and direction to the POWER Africa project, including personnel and financial management, administrative oversight and program quality assurance. The COP also ensures that lessons are captured, necessary studies are conducted, and results and project achievements are disseminated within the countries (and across the region). The COP will lead the four year, four country initiative to scale up CARE’s Village Savings and Loans Assocation (VSLA) programs and develop programmatic approaches that link VSLAs effectively with financial service providers.
About CARE Founded in 1945, CARE is a leading international humanitarian organization fighting global poverty. In over 80 countries, CARE works with the poorest communities to improve basic health and education, enhance rural livelihoods and food security, increase access to clean water and sanitation, expand economic opportunity, help vulnerable people adapt to climate change and provide lifesaving assistance during emergencies. CARE places special focus on working alongside women and girls living in poverty because, equipped with the proper resources, women and girls have the power to help whole families and entire communities escape poverty. To learn more, visit www.care.ca
How to apply:
If you are someone who thrives on challenge, loves to be part of a dynamic team and you are passionate about making a difference, then this opportunity is for you. Please apply directly at: www.careersunited.org before December 20th, 2013.
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