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  • Posted: Feb 14, 2023
    Deadline: Not specified
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    Migori County is a county in the former Nyanza Province of southwestern Kenya. It is located in western Kenya and borders Homa Bay County, Kisii County, Narok, Tanzania and Lake Victoria to the West. The county also borders Uganda via Migingo Island in Lake Victoria.
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    Board Members (4) - Regional Representatives

    Responsibilities 

    • Formulate sound guidelines regulating the management of the scheme.
    • Receive, register, vet and appraise applications for loans for consideration and granting.
    • maintain minutes of the Board meetings and maintain proper records of the Board affairs and books of accounts.
    • Receive and account for the funds.
    • Regularly submit all returns and reports of the Board operations to the County Executive Committee through the County Executive Committee Member
    • Carry out regular monitoring of all loan recipients to ensure the terms of the loan agreement are adhered to;
    • Device clear mechanisms to ensure all loans disbursed are recovered within the set timelines.
    • Be custodians of all Board assets and documentation;
    • partner with other interested agencies and partners for the purpose of performing the functions and achieving its objects under these regulations;
    • Formulate or approve standards, guidelines and procedures for funding proposals under the Act;
    • Establish credit committees for vetting, recommending and approving loan applications at the Ward level’;
    • Ensure that the money held in the Fund, including any earnings or accruals is spent only for the purposes for which the Fund is established;
    • Authorize lending and allocations from the Fund;
    • To perform and exercise all other functions and powers conferred on the Board by the Act

    Requirements for appointment 

    • Kenyan citizen
    • Resident of Migori County 
    • A bachelor’s degree in any of the following areas Entrepreneurship Management, Finance, Business Management, Economics, Mathematics or Statistics or any other business related field from a recognized institution
    • Meet the requirements of Chapter 6 of the constitution of Kenya

    Method of Application

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