Sacco Consultant – Yes Youth
Can National
Yes Youth Can, funded by USAID, endeavors to empower Kenya’s youth in new and meaningful ways.
Yes Youth Can, funded by USAID, endeavors to empower Kenya’s youth in new and meaningful ways.
- Youth-led:
Youth ideas, local knowledge and innovations drive the process.
- Youth-managed:
Youth implement program elements (grants, investments, Youth Bunges,
research) while leveraging mentoring and coaching.
- Youth-owned:
Youth are in control of all decisions within the institutional structures
as a result of fair democratic elections, using a bottom up, localized
demand approach.
By integrating the principles of youth-led, managed and owned
throughout each element of the program, young people throughout Kenya will
begin to identify with and internalize these principles through a process where
they lead youth self-help groups (called Youth Bunges), implement community
grants, network with youth throughout the country, find linkages for their
communities and increase their income through microenterprises and jobs.
Through this process, youth
will recognize that they are in charge of transforming their society and will
become catalysts for development in their communities. Such an approach
to youth development programming has the ability to change the paradigm for
youth programming both in Kenya and around the world.
The Yes Youth Can initiative comprises five implementing partners in six regions of Kenya as well as the national partner (Yes Youth Can National), Mercy Corps.
The Yes Youth Can initiative comprises five implementing partners in six regions of Kenya as well as the national partner (Yes Youth Can National), Mercy Corps.
Yes Youth Can National
comprises four entities: a youth trust, a youth sustainable development think
tank, a youth non-governmental organization to disburse community grants, and
finally Tahidi Youth Fund to manage innovative micro and SME venture capital to
youth enterprises.
Purpose of the Consultant
Purpose of the Consultant
Provide analysis, strategic
recommendations and work plan for creating 25 county-level Youth SACCOs as
potential lending vehicles for the Tahidi Youth Fund Company as well the
creation of a National level “NACCO” to provide governance for the 25 county level
SACCOs..
The analysis must take into
account the current SACCO environment, including but not limited to the
deployment of best practices as it relates to overall governance, development,
deployment and management of financial products, lessons learned, particularly
in cases where SACCOs were not successful and/or dissolved and the efficacy of
the regulatory environment.
Additionally the consultant
must provide data related to the “all in, start-up costs” of creating a SACCO
as well as the “all-in time” required to get a SACCO formed and running such
that they can absorb external financing.
Recommendations provided by
the consultant must provide guidance on SACCO formation and governance best
practices to be used by the Youth SACCOs as well as a training and capacity
development curriculum to be implemented to ensure Youth SACCOs are develop the
skills necessary to absorb and manage external funds and their repayment.
Dates: July 14 – August 1
Tasks
Dates: July 14 – August 1
Tasks
- Engage with
Tahidi Youth Fund Company Manager to clearly understand the goals of the
Fund and the current operating environment.
- Engage with
Mercy Corps Senior V.P. of Financial Services and CFO to get technical
inputs and to provide them with general overview of Kenya’s SACCO
environment.
- Meet with
USAID AOTR, Benson Kimithi and USAID’s Director of Education & Youth,
Dwaine Lee, to get a clear understanding of their goals and vision as it
relates to creating county-level Youth SACCOs.
- Engage with
Ministry of Co-Operative personnel to get a clear understanding of their
goals and vision as it relates to creating county-level Youth
SACCOs.
- Engage with
NYBA President and/or Executive Council, as well as Investment Advisory
Council members to get a clear understanding of their goals and vision as
it relates to creating county-level Youth SACCOs.
- Visit select
SACCOs and Youth SACCOs
Outputs/Deliverables
Work-plan for the
formation, training and management of 25 county-level Youth SACCOs which takes
into account recommended governance best practices.
Interested candidates who
meet the above required qualifications and experience
Should submit on or before
18th July,2012 a cover letter, detailed Curriculum Vitae (CV) listing
three professional references (including a recent supervisor) to
hrkenya@ke.mercycorps.org
Applicants must clearly
indicate on the email subject; “Application for the position of “Sacco
Consultant”.
Applications without this
subject heading will be disqualified.
Please do not attach any
certificates.CV’s will be reviewed as they come in.
ONLY qualified short-listed
candidates will be contacted