Consultancy - Business Support s=Services for Starlight Wakulima Savings and Credit Co-operative Society Limited at SNV Netherlands Development Organisation

Purpose of the Consultancy

• The purpose of the consultancy is to support Starlight Cooperative in setting up internal control structures that will enable the cooperative to realise its vision.

The specific objectives shall include:

• To develop savings and credit policy.
• To train board members and supervisory committee on leadership and governance.
• To establish operation procedure linking the SACCO to the Co-operative.
• To support one (1) exchange visit to a SACCO linked to a co-operative society.
• To review existing SACCO by-laws.
• To develop a strategy (3 or 5 years).
• To develop SACCO business plan.
• To support in developing implementation road map for the SACCO products operationalization.

Scope of work

The assignment will be focussed on Starlight Cooperative situated in Nakuru County. The scope of the assignment will include the following:

• Understanding Starlight Cooperative and the SACCO – mission, vision, business model, target clients, governance structure, strategy, SACCO focus areas etc.
• Develop SACCO business plan and provide advisories especially on the primary and extended function of SACCO such as credit process, products, cost structure, internal audit processes, risk management, IT infrastructure requirements etc.
• Determine what are the real needs of the members and establish how the SACCO credit processes and structures are speaking to these needs.
• Review the existing internal controls and operational tools for Starlight Cooperative and SACCO
• Review the existing SACCO’s by-laws and provide inputs.
• Develop Starlight’s savings and credit policy.
• Develop a Human Resource Policy and Procedure Manual.
• Identify training gaps for board members and supervisory committee on leadership and governance.
• Develop a training curriculum on leadership and governance.
• Train board members and supervisory committee on leadership and governance.
• Support exchange visit to a SACCO linked to a cooperative society.
• Develop a strategy to guide Starlight achieve its SACCO’s goals and objectives.

Deliverables

• An inception report detailing the methodology and work plan.
• Curriculum on SACCO leadership and governance training.
• Training report on SACCO leadership and governance.
• Proposed Savings and Credit policy.
• Proposed business plan.
• Proposed Human Resource Policy and Procedure Manual.
• Revised SACCO by-laws.
• SACCO strategy (3 or 5 years).
• Implementation roadmap for the SACCO products operationalisation.
• Present the final documents to SACCO board members and incorporate views if the board.

The assignment will require travel to Nakuru. SNV will provide transport and logistics (except meals) to facilitate travels and facilitation of other activities such as training, exchange visit etc. SNV will introduce the Consultant to the Starlight Cooperative. The SACCO will provide relevant background documents necessary for the assignment.

Duration

• The assignment will run for 30 days from the contract signing date. Whereby within 15 days to submit the draft and within 30 days to submit the final documents.

Qualifications

Academic Qualifications

• At least a Master’s degree in Public policy, Cooperative management, Finance, Accounting or Economics. Having a background in human resource management is an added advantage.

Experience

• At least five (5) years of experience in financial service sector with a minimum of 3 years of experience in banking, SACCO operations and the financial industry.
• At least five (5) years professional experience in organizational structure & policy development
• Demonstrated experience in working with public/private sectors especially SACCOs in development programs especially around organizational structures and, business plan, strategy, and policy development.
• A certified professional Banker with specific experience in Kenya financial services industry.
• Fluency in English and French with written & presentation skills.

Skills and Competencies

• High level written and oral communications skills in English and Kiswahili
• Demonstrate excellent interpersonal and professional skills in interacting with stakeholders.
• Skills in facilitation of stakeholder engagements/workshops.
• Evidence of having undertaken similar assignments.