C D F - UNDP in Lao PDR

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C. . D . F TERMS OF REFERENCE POST TITLE:
AGENCY/PROJECT NAME:
Duty Station:
Duration of Appointment:
Expected Starting Date:
The Fund for Inclusive Finance Assistant cum M&E (Lao
National)
UNCOF; Making Access to Finance More Inclusive for Poor
People (MAFIPP)
Vientiane, Lao POR
12 months with possible extension
15 August 2014
1) GENERAL BACKGROUND
"Making Access to Finance More Inclusive for Poor People" (MAFIPP) is a four year UNCDF's
initiative founded by DFAT and implemented by the Bank of the Lao POR (BOL). MAFIPP's
objective is to increase access to financial services to low income households and micro-entrepreneurs
on a sustainable basis. In this sector based programme, MAFIPP will playa role of market facilitator
to advance financial inclusion in the Lao POR. Therefore, MAFIPP interventions are at micro, meso
and macro levels. At macro level MAFIPP will undertake, for the first time in the Lao PDR, a
comprehensive financial diagnostic survey to provide market information on the depth of financial
inclusion in the Lao PDR, and it will make this information available to the market actors. In addition,
MAFIPP will work on regulatory and policy issues. At meso level MAFIPP will build capacity of
financial service support organizations so that they can provide continuing support to the retail sector.
Finally, at retail level MAFIPP will provide technical assistance and financing support to a broad
array of market players to strengthen institutional capacity and facilitate the development of the retail
actors to advance financial inclusion. As a result of these efforts 140,000 low income people will be
left with better financial products and services. Within this context, MAFIPP goals are to: increase
numbers of people who have access to financial services in the Lao PDR with a focus on low income
people, improve financial and operational performance of organizations serving low - income and
poor people, diversify financial product offerings for low - income consumers, strengthen willingness
and ability of commercial banks to understand and respond to the needs of low - income groups,
improve technical capacity of financial service support organizations improve scope and accuracy of
market information and build body of knowledge, and; build a body of local experts on micro finance
and inclusive finance. These activities will be implemented through a special Fund for Inclusive
Finance (FIF) modality of MAFIPP. MAFIPP, is a programme implemented through a National
Implementation Modality (NIM) and complies with rules and regulations ofNIM.
2) OBJECTIVES OF THE ASSIGNMENT
The FIF Assistant provides analytical and practical support to FIF activities of MAFIPP programme.
The FIF Assistant will receive technical guidance from MAFIPP'S Technical Specialist. Slhe will
collaborate with other MAFIPP staff on issues concerning MAFIPP.
Summary of Key Functions:
FIF support
1. Assists Technical Specialist and FIF manager in implementation of FIF activities;
2. Participates to the assessment of FIF applicants and to due diligence visits;
3. Monitors FIF partners' performance.
MAFIPP Monitoring & Evaluation
4. Monitors MAFIPP performance across all indicators defined in the results framework.
Liaises with the Laos-Australia Development Learning Facility (LADLF) M&E officer to comply with
all reporting requirements pertaining to the Laos-Australia Rural Livelihoods Program (LARLP) to
which MAFIPP contributes.
3) SCOPE OF WORK
1. Assists Technical Specialist in Implementation of FIF activities
• Organizes workshops, meetings and visits as per FIF needs; Assures logistical support to
FIF activities;
• Participates to the assessment of EO I applications and verification of documents submitted
ensuring compliance of all MAFIPPIFIF objectives as per FIF Operations Manual;
• Assist applicants in drafting investment proposals;
• Follows-up on the execution of (grant, loan) performance based agreements (PBAs) signed
with partners;
• Performs other complementary duties as required, including a variety of administrative
tasks necessary to ensure the complete, timely and successful delivery of the FIF work
plan.
2. Participates to the assessment of FIF applicants and to due diligence visits
• Participates in assessment of business and strategic plans ofFIF partners;
• Compiles relevant information of each applicant institutions and verifies documentation
submitted;
• Assists in assessment of financial and administrative capacity of applicants and training
and provision of technical assistance;
• Assists in canying out and/or overseeing due diligence assessments (loans, grants);
• Prepares funding applications (loans, grants) in accordance with FIF guidelines.
4. Monitors FIF partners performance
• Ensures compliance of partners with requirements determined in PBAs;
• Monitors portfolio and financial performance of FIF partners;
• Assists in the development of the monitoring framework for FIF, and alignment of the
same with MAFIPP Monitoring Policy;
• Reviews portfolio, narrative and financial reports ofFIF partners: sees to timely
submission and conducts report and indicator audits (off- and on-site) to maintain quality
control of internal and external reporting;
• Maintains and feeds all required systems, tools, reports and indicators, required for
efficient, effective monitoring of FIF partners;
• Writes monitoring progress reports.
5. Monitors MAFIPP performance across all indicators defined in the results framework;
Liaises with the LADLF M&E officer
• Feeds the MAFIPP results framework with progresses on all indicators;
• Synthetizes the progress of MAFIPP against annual targets;
• Participates to the review of annual targets;
• Liaises with the LADLF M&E officer to ensure that all reporting requirements from
LADLF are met timely.
4) EXPECTED OUTPUT
• Assessment reports and funding applications (Grant/Loan);
• Active liaison with FIF partners; documentation of engagement and follow-up with FIF
partners;
• Translated FIF relevant documents;
• Portfolio and financial performance reports of FIF partners;
• Quarterly performance tables for FIF and MAFIPP with historical graphs of achievements
vs. targets. Narrative of progresses and challenges for attaining results.
• Monitoring progress reports (quarterly, annual reports) for FIF and MAFIPP;
5) PROVISION OF MONITORING AND PROGRESS CONTROLS
• The FIF Analyst will report to the MAFIPP Project Manager and the International
Technical Specialist (ITS) and work closely with the project team.
• The performance to be evaluated by the Project Manager in coordination with the ITS.
6) DEGREE OF EXPERTISE AND QUALIFICATIONS
• Bachelor's degree in Social Sciences, Economic Development, MBA, International
Relations, Economics, Finance, Accounting or related fields with a preference for Master
Degree and for Business Administration, Finance, Economics and Accounting;
• At least 3 years of professional experience in progressively more responsible positions;
• At least 1 year experience in the financial sector; understanding of financial inclusion
trends/microfinance sector in the Laos PDR is an advantage;
• Assessment of funding applications (loans, grants or other funding modalities) is a strong
advantage;
• Excellent financial analysis skills, ability to synthetize, present in an intelligible manner
numerous data points and interpret trends;
• Demonstrated ability to speak and write well in English and Laos;
• High proficiency in all Microsoft Office Applications particularly Excel, and ability to use
them independently without support.
Reviewed by: Approved by:
Mr. Vilaymit AKKHA VONG
Deputy Director General, FISD
Acting Project Manager
MAFIPP
Bank of. tue ~'10N PDR
Date: l I JU 2014
Dr. Akhom PRASEUTH
Director General, FISD
National Project Director
MAFIPP
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