Aggar is the first commercial private microfinance licensed in the country on March 18/2004 and started operation in April 2004. It was initiated by Ethiopian Shareholders to address the “missing middle” as often called i.e. the MSE’s. The founders envisioned to address both social and profitability objectives. Aggar was established by 443 shareholders with paid up capital of Birr 4,243,600.00. Currently its shareholders grew to more than 750,it’ spaid up capital to more than 250.0 million and its total assets to more than 410 million.

Job Requirement

Minimum Qualification Required:  MA/BA Degree in Management/ Accounting/ Economics or related field

Expected Minimum Work Experience: 7/9 Years of relevant experience; 3 of which in managerial Level in Micro-Finance or Financial Institution, preferably in operation area

Expected Competency (Skills required):

• Proficiency in managing and coordinating cross-functional projects involving finance, HR, and IT
• Excellent analytical and interpersonal skill
• Understanding of corporate governance principles and practices relevant to microfinance institutions
• Familiarity with financial statements, reporting, and financial management within the context of microfinance
• Crisis Management, Decision Making & Communication

• Expertise in assessing creditworthiness and managing credit risk in microfinance lending portfolios
• Knowledge of loan underwriting processes and criteria within a microfinance context
• Experience in collections strategies and managing delinquency rates effectively.