Credit Officer- Loan Appraisal

United Women Sacco was registered on March 19,2001 as a Sacco for Business and Professional women. In 2013 the Sacco opened its doors to incorporate male members.Role Purpose

To implement credit policies and procedures pertaining to loan issuance and appraisal.

Responsibilities and Duties

Register and process loan applications by verifying supporting documents in line with Sacco policies and procedures and maintaining an up-to-date loan register.
Analyze applicants’ eligibility, creditworthiness, repayment capacity through assessment of their income and credit repayment history.
Ensuring timely appraisal and assessment of risks for all loan applications.
Maintain consistent communication with members throughout the loan application process.
Prepare daily, weekly and monthly reports on loan applications, approvals and disbursements.
Conduct pre and post-loan disbursement member visits to gather relevant information and ensure that loan proceeds are utilized in accordance with the approved purpose.
Ensure all offer and disbursement letters; and loan repayment schedules are communicated to the member after loan issuance.
Collaborate with the Recovery and Accounts teams to ensure smooth transition from loan disbursement to repayment monitoring.

Qualifications and Experience