Thinking of a Career in Emergency Management?
- BY Nicole Pelette
UNCDF is the UN’s capital investment agency for the world’s least developed countries. It creates new opportunities for poor people and their communities by increasing access to microfinance and investment capital. UNCDF focuses on Africa and the poorest countries of Asia and the Pacific, with a special commitment to countries emerging from conflict or crisis. It provides seed capital – grants and loans – and technical support to help microfinance institutions reach more poor households and small businesses, and local governments finance the capital investments – water systems, feeder roads, schools, irrigation schemes – that will improve poor peoples’ lives.
In Zambia, 40% of the population is financially excluded, with 44% adult account usage of digital financial services. There has been a rapid rise in the availablility and use of digital financial services as well as its enabling infrastructure, like agents. From 2017 to 2018, the number of agents has risen from approximately 23,000 agents to 47,000 agents. Despite the growth of the industry, there is still a strong need for digital finance products to address the needs of those traditionally underserved (e.g., women, youth, rural populations). UNCDF’s estimate based on their DFS State of the Industry Market Report is that DFS providers, on average, have 20-30% of their customer base as women, despite women being approximately 50% of the population.
UNCDF has a strong history of and belief in the economic empowerment of women. In Zambia, UNCDF launched last year a report: Labor Pains: The Financial Lives of Zambian mothers, which described the economic lifecyles of Zambian mothers across geographies and incomes. Not surprisingly several challenges were cross cutting, regardless of geography or income. These challenges represent not only the needs of Zambian women, but those that are underserved across Zambia.
Duties and Responsibilities
Objectives of the Assignment
UNCDF is looking for a Design Consultant with strong expertise in design and improvement of design of DFS products. The Consultant’s work will inform a design sprint competition, and support the resulting winner, increasing the number of women who have access to financial services in Zambia.
Scope of Work
Under the direct supervision of the Regional Technical Specialist, the Design Consultant will be responsible for undertaking and delivering the following deliverables:
Required Skills and Experience: The consultant must provide evidence of the technical capacity to undertake this assignment. This includes capacity to deliver the results in the timeframe provided as well as indication of prior experience (relevant financial inclusion/capabilities and experience, training, programme development).
Education: Master’s degree in Economics, Finance, Banking, International Development, Product Design, Business Management, Education or related fields;
Language Requirements: Spoken and written fluency in English is mandatory.