Function or function domain:
Junior Expert - Micro-finance advisor
Description of the work as a Junior Expert:
I am a Micro-finance advisor for Trias and my main task is to establish and support VICOBAs (Village community banks). VICOBAs are small savings and loan groups of 20 to 30 people, mostly women, who meet every week to save money. Eventually they also grant loans to each other. They have a box where they keep their VICOBA passbooks, part of the money and other valuables safe. It is about the simplest form of micro-finance, which is suitable for remote areas where many people cannot read or write. The amounts saved are often very small in the first year, but it helps them to take small steps to invest in their business. We also provide simple business training to those same groups to go one step further with their business.