Credit Officer at SOBIC Company

Responsibilities

• Marketing and Customer Mobilization:Identifying potential borrowers in assigned communities or market clusters and promoting the MFI’s products.
• Group Formation and Training:Facilitating the formation of borrower groups, educating members on loan obligations, and conducting training on loan products and repayment requirements.
• Application Processing:Gathering financial data, collecting necessary documentation, and completing loan applications for individuals or groups.
• Financial Assessment:Assessing client creditworthiness by analyzing income, cash flow, and financial status, often through field visits to borrower premises.
• Risk Appraisal:Evaluating the risk associated with a loan, calculating risk ratios, and ensuring the borrower has the capacity to repay.
• Collateral Verification:Physically verifying collateral or business assets.