Career Opportunities

About Us

Myfugo was founded in July 2018 to help smallholder dairy farmers improve their productivity and profitability through financial inclusion and use of sensor technology to assist in health and reproductive management. Myfugo does this by helping dairy farmers purchase high-milk yielding dairy cows through asset financing which is repaid in 12 months. Access to loans allows them to meet “just in time needs” such as Veterinary, Artificial Insemination and feed costs.

Myfugo also offers scalable digital solutions including alternative score card to increase financial inclusion for the unbanked and underserved. With an aim to bolster food security, our social impact indicators include increase in milk production per cow and increased revenue per farmer.

Credit Manager

Location; Rongo  or Kisumu , Kenya

Application Deadline; 10th December 2022

Starting Date; 1st January 2023

Type of Contract; Permanent

About the Role

The Credit Manager will facilitate lending for our clients by assessing creditworthiness and processing relevant paperwork. His/her responsibilities include preparing loan applications, evaluating clients’ financial information and calculating risk ratios. To be successful in this role, you should have a good understanding of lending procedures, portfolio management, collection strategies and customer service experience.

Key Responsibilities

  1. Review loan requests.
  2. Assess clients’ financial status.
  3. Evaluate creditworthiness and risks.
  4. Contact clients to gather financial data and documentation.
  5. Portfolio management
  6. Collection Strategies
  7. Follow up with clients about loan renewals.
  8. Monitor progress of existing loans.

Requirements

  1. Proven work experience as a Credit Officer or Credit Manager.
  2. Hands-on experience with lending procedures and products.
  3. Ability to create and process financial spreadsheets.
  4. Strong analytical skills.
  5. Customer service experience.

Education

Diploma/BSc in Banking and Finance, Economics or related field.

How to Apply

Send your CV and accompanying documentation in soft copy with the heading

Application for the position of Credit Manager

Addressed to;

The Human Resource Manager,

Myfugo Innovations Limited,

P.O. Box 0723316779-00502, Kenya

 E-mail: info@myfugo.com

Recoveries Officer

Location; Migori, Kenya

Application Deadline; 10th December 2022

Starting Date; 1st January 2022

Type of Contract; Permanent

About the Role

The incumbent is responsible recovery of bad and doubtful debts.

Key Responsibilities

  1. Demand and enforce repayment of the bad debts.
  2. Negotiate for repayment with bad debtors during recovery enforcement process.
  3. Monitor arrangements for payments from bad debtors.
  4. Liaise with Legal Department recovery litigations and where legal interpretations are required.
  5. Managing effective relationships with internal and external customers.
  6. Ensure effective communication to internal and external customers in writing (correspondence), on phone or in person.
  7. Check and verify the accuracy, completeness of the documents against the checklist provide according to product lines; KYC/AML compliance requirements.
  8. Prepare, submit detailed and accurate reports from recovery assignments making actionable business-oriented recommendations to management.
  9. Maintain a proper Debt Recovery documentation.
  10. Ensuring compliance to company policies and procedures.
  11. Maintain the set budgets.
  12. Evaluate cost/benefits, identify appropriate alternatives and make innovative initiatives to improve work efficiency.
  13. Any other official duty that may be allocated by management from time to time.

Requirements

  1. Holds a Bachelor’s Degree in Business, Accounts, Finance or related field.
  2. Professional Credit or Debt recovery qualifications a plus.
  3. Have a minimum of two (2) years practical experience with proven result oriented track record in recoveries.
  4. Experience in Credit background is a plus.
  5. Honest and with high integrity.
  6. Personality: A go-getter, good negotiator, enthusiastic, results oriented with excellent communication and social skills.
  7. A forward planner with clear focus, mature, reliable, hardworking and able to work without supervision.
  8. Computer skills: adept in use of Ms Word, Excel, Access, PowerPoint, Internet and email.
  9. Honest and with high integrity.
  10. Results oriented with excellent communication and social skills.
  11. A forward planner with clear focus, mature, reliable, hardworking and able to work without supervision

How to Apply

Send your CV and accompanying documentation in soft copy with the heading

Application for Recoveries Officer   

Addressed to;
The Human Resource Manager,
Myfugo Innovations Limited,
P.O. Box 0723316779-00502, Kenya
E-mail: info@myfugo.com