Board Members- Kakamega County Microfinance Corporation - 4 Positions at Kakamega County

The functions of the Kakamega County Microfinance Corporation are to-

• provide microfinance barking services to micro and medium enterprises in Kakamega County
• undertake any business-related microfinance banking in Kakamega County and
• carry out such other role cry for the better provision of Financial services for micro and mines in Kakamega County in order to promote business and investment growth within the county and announce access to credit and financial services to micro and medium enterprises

Qualifications For Appointment Of Members Of The Board Of Directors

• A person shall be qualified for appointment as a Member of the Board of Directors of the Kakamega County Microfinance Corporation under section 7 (2) and (3) of the Kakamega County Microfinance Corporation Act, 2012, if that person
• holds a bachelor's degree or its equivalent either in comics business law finance, accounting or any other related field from a recognized university and has experience of at least five (5) years in management
• is fit and proper to be in the Board of the corporation as prescribed by the Central Banc of Kenya
• is not a director in a bank or micro-finance on and
• the requirements of Chapter Six of the Constitution of Kenya

Functions Of The Board Of Directors

• Ensure proper and efficient exercise of the powers and performance of the functions of the Corporation
• Uphold the vision and mission of the Corporation
• Provide strategic guidance to the Corporation and ensure effective organizational planning
• Advise the management of the Corporation generally on the exercise of the powers and the performance of the functions of the Corporation
• Approve the estimates of the revenue and expenditure of the Corporation f Ensure effective and efficient risk management
• Oversee the management performance and
• Perform such other functions as are provided for under the Kakamega County Microfinance Corporation Act, 2018 or any other