MFI Connect

Harnessing Student Potential In Microfinance

It seems to me like there is an abundance of interest in microfinance and a very limited number of jobs. Even for someone who has had a volunteer or internship experience with an MFI faces difficulty breaking into the microfinance world.

If there are any professionals out there who would like to share their secrets to success or can give advice about how to start out in a career in microfinance, I´m sure many of us would love to hear it!

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its a very good question - and one of the top agendas we hope to co-research at youth ambassador5000 -if you are interested in such a search through 09/10 mail mostofa zaman at the web http://yunusforum.net/ or ask me chris.macrae@yahoo.co.uk to ask him to email you

Mostofa's been directed by dr yunus to think up citizen networking projects since there started to be requests for these at the time of the Nobel prize. He comes from the bangaldeshi villages himself whilst also currently at University in London. Few people that I have ever met outside of Dhaka are better connected with who's who at Grameen and other Dhaka microcredits

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A few years back it wasn't that hard to land a job at an MFI. However, with the rising unemployment levels and the increase in interest in microfinance, the HR staff at MFI's has become swamped with an overwhelming number of job applications.

In order to land a job at an MFI theses days you need to go beyond networking and really do some things to set your self apart. Internships are a great place to get started when trying to land a job but for many of us we need legitimate post graduate experience that will really set us apart.

1. Financial Work Experience. If you know how to balance your books, asset risks, and manage the financial assets of business then you can be a great asset to any non-profit, especially one working with credit.

2. In-Country Experience. Get out. Travel. Spend a few years volunteering or living overseas and living with the poor first hand. This will give you cultural insights and understanding that no text book could ever teach.

3. Start Something New. See a need that no one else is addressing? Take charge and do something about it. In the world of global poverty we are surrounded by billions of opportunities to make a difference. By stepping up and doing something, not only do we show that we are taking initiative but we are also going to be learning life lessons on a daily basis.

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Here is a really interesting article on Careers in Microfinance done by the UNCDF.

http://www.uncdf.org/english/microfinance/pubs/newsletter/pages/may...

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