SOBIC Company is a rapidly expanding, opportunity-creating and customer-focused microfinance Institution (MFI) in Nigeria. A member, Association of Non-Bank Microfinance Institutions of Nigeria (ANMFIN), the company registered in July 2008 with Corporate Affairs Commission (CAC).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. 

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9jabook

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SOBIC Company is a rapidly expanding, opportunity-creating and customer-focused microfinance Institution (MFI) in Nigeria. A member, Association of Non-Bank Microfinance Institutions of Nigeria (ANMFIN), the company registered in July 2008 with Corporate Affairs Commission (CAC).Responsibilities

Loan analysis and evaluation
Loan processing and administration
Monitoring and collection of loan
Customer relationship management
Compliance and reporting.

Written by

9jabook

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SOBIC Company is a rapidly expanding, opportunity-creating and customer-focused microfinance Institution (MFI) in Nigeria. A member, Association of Non-Bank Microfinance Institutions of Nigeria (ANMFIN), the company registered in July 2008 with Corporate Affairs Commission (CAC).Job Description

We are looking for a Credit Officer to facilitate lending for our clients by assessing creditworthiness and processing relevant paperwork.
Credit Officer 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 and customer service experience.
Ultimately, you will help our clients acquire loans in a timely manner and ensuring that the loan is being repaid as at when duewhile ensuring we comply with the law

Responsibilities

Review loan requests
Assess clients’ financial status
Evaluate creditworthiness and risks
Contact clients to gather financial data and documentation
Analyze risks and approve or reject loan requests
Calculate financial ratios (e.g. credit scores and interest rates)
Set up payment plans
Maintain updated records of loan applications
Follow up with clients about loan renewals
Monitor progress of existing loans
keep daily records (Daily Collection Sheet, Ledger etc)
recover default if any from the customer
prepare timely report
any other function as assigned by the Branch Manager

Skills:

Integrity and diligence
Product knowledge
Communication skills
Excellent customer service
Relationship management
Target-driven
Team-player
Computer literacy.

Written by

9jabook

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