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Loan Officer I

Buusaa Gonofa Micro Finance Institution SC

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Finance

Accounting

Adama

3 years

1 Position

2025-06-20

to

2025-07-01

Required Skills

determine loan conditions

+ show more
Fields of study

Accounting

Business Administration

Economics

Full Time

Share

Job Description

Buusaa Gonofaa Microfinance SC (BG) is incorporated under the Ethiopian law as a profit making Share Company. It is a non-bank financial institution regulated by the central bank; it has license number MFI/11/99 from the National Bank of Ethiopia with a mandate to take deposits from the public at large.

The Loan Officer I analyzes current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. He/she prepares reports with this credit information for use in decision-making.

Duties and Responsibilities

  • Makes project feasibility studies for customer characteristics.

  • Follows up of loans disbursed to clients.

  • Produces progress report on each loan portfolio of the clients regularly.

  • Analyzes credit data and financial statements to determine the degree of risk involved in extending credit or lending money. 

  • Prepares reports that include the degree of risk involved in extending credit or lending money to the client. 

  • Compares liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. 

  • Evaluates customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.

  • Periodically visits the client’s performance and provides the necessary assistance.

  • Respects the client protection principles in every dealings with the client. 

  • Performs other duties as required or assigned. 

Job Requirements

Educational Qualification and Experience:

  • Level of education: BA degree in Accounting, Economics, Business Administration, or a related field.

  • Experience:  3 years relevant experience. 

Skill and Competence required:

  • Knowledge of economic and accounting principles and practices, banking and the analysis and reporting of financial data.;

  • Good conceptual understanding of participatory approach and sustainable development;

  • Basic computer skills and good written and oral communication skills.

How To Apply

Interested applicants who fulfill the above requirements are invited to send scanned CV and relevant academic documents and work experience to the following mail address or submit in person.       

Head Office Address: Beklobet infront of commercial Bank of Ethiopia, Temenja Yaj Branch behind Total Fuel station, Bete sayida Building 4th Floor Human Resource Management Office. Email Address: Zinasht@bgmfi.com  or Gemechum@bgmfi.com 

.Tel: +251114162621                                 

Fields Of Study

Accounting

Business Administration

Economics

Skills Required

determine loan conditions

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