DAI works at the cutting edge of international development, combining technical excellence, professional project management, and exceptional customer service to solve our clients’ most complex problems. Since 1970, DAI has worked in 150 developing and transition countries, providing comprehensive development solutions in areas including crisis mitigation and stability operations, democratic governance and public sector management, agriculture and agribusiness, private sector development and financial services, economics and trade, HIV/AIDS, avian influenza control, water and natural resources management, and energy and climate change. Clients include international development agencies, international lending institutions, private corporations and philanthropies, and host-country governments.
The purpose of USAID’s Future Entrepreneurs and Leaders (FuEL) Activity is to use positive youth development approaches to empower rural Tanzanian youth and educate them on viable business options for rural economies, highlighting the income-generating potential across agricultural and other rural value chains and facilitating access to information, skills, and opportunities to ensure successful business start-ups and sustained employment.
The Access to Finance Specialist reports to the Deputy Chief of Party. S/he will:
• Provide project technical expertise to the entrepreneurship and workforce readiness skills component by supporting access to justice activities.
• Develop recommended approaches that increase access of finance to youth including development of community savings groups (CSGs).
• Coordinate with complementary USAID and other existing local activities to leverage resources and impact, and minimize duplication of efforts
• Support the development and implementation of the component work plans, training plans, and results monitoring plans
• Build partnerships with banks and other financial institutions to build a pipeline of potential youth businesses
• Engage with district councils to leverage government funds and explore the potential for blended capital.
• Develop capacity in local and regional government, civil society and private institutions to strengthen access to finance for youth
• A Master’s Degree (or foreign equivalent) in business, finance, international development, economics or a similar relevant field.
• At least 7 years of experience in microfinance, access to finance, banking and/or capacity building.
• Knowledge of and experience in financial product development (informal and formal) in cooperation with savings groups, microfinance institutions (MFIs), and commercial banks
• Experience with savings groups and in linking them to cooperatives and financial institutions
• Experience training local partners and staff in access to finance.
• Demonstrated ability to work collaboratively with financial institutions, local and regional government, civil society organization and community leaders
• Fluency in English required