Job type: Full-time
To get a full background of the project, partner, and client please see the full Terms of Reference
Objective
HFHI, in partnership with TMRC, seeks a company/consultant to provide Technical Assistance (TA) for developing a wholesale housing microfinance product for Financial Service Providers (FSPs) in Tanzania.
Key Objectives
Design the wholesale microfinance housing product for FSPs.
Draft product support documents, including lending and internal operations manuals.
Conduct risk assessments and provide recommendations for risk management.
Train TMRC staff and board on housing microfinance and the new product.
Support TMRC with board presentations to secure product approval.
The goal is to develop the wholesale product, build TMRC’s capacity to manage it, and obtain board approval.
Scope of Work
HFHI, TMRC, and the consultant will collaborate to design a housing microfinance wholesale product for TMRC, enabling Financial Service Providers (FSPs) to lend to individual borrowers. The product may involve refinancing existing loans or prefinancing new ones to enhance homeownership among low-income households.
Consultant Activities
Project Scoping
Finalize scope, implementation plan, timelines, and resources with TMRC and HFHI.
Product Design
Develop a wholesale product aligned with FSP retail offerings.
Identify and mitigate risks, develop scenarios post-pilot, validate the product with FSPs, and create monitoring tools.
Capacity Building
Train TMRC staff on product design, implementation, and management.
Ensure knowledge transfer to support product rollout and operations.
Operations Manual
Draft and integrate the wholesale product manual with internal operational guidelines.
Review and advise on agreements with FSPs.
Board Training
Train TMRC board members on the product, provide a training plan, reports, and recommendations.
Project Reporting
Deliver a final project report with recommendations for successful product rollout.
Deliverables and Milestone
10 Dec 2024 – 13 Dec 2024: Project scoping – Project Scope
16 Dec 2024 – 10 Jan 2025: Product Design – Wholesale Product
13 Jan 2025 – 17 Jan 2025: Capacity building for TMRC staff
20 Jan 2025 – 24 Jan 2025: Draft Product Operations Manual
27 Jan 2025 – 31 Jan 2025: Document Internal Operations Manual
Week of 10 – 14 Feb 2025: Board Training
3 Mar 2025 Week of 10 – 14 Feb 2025– 15 Mar 2025: Evaluation of first batch of loans disbursed
15 Mar 2025 – 28 Mar 2025: Project reporting
Eligibility criteria
The Research Company/consultant Should
Have at least ½ experiences in development of wholesale product for the mortgage refinance
Detailed Understanding of the Mortgage Refinance Companies and some of their products
Understanding of the Tanzanian Financial market
Assigned personnel should have the relevant qualifications in the field of research, product development, and project management
Experience in offering technical support and capacity building
Ability to achieve maximum scope of reach with limited resources
Proposal Evaluation
This consultancy offers a pivotal opportunity to impact the housing microfinance landscape in Tanzania by enhancing the capabilities of TMRC to offer capital/financing through the wholesale product to its members institutions, thereby increasing access to essential financial services for underserved communities.
The Proposal Will Be Evaluated Based On
Technical Skills: Relevant technical skills to achieve the objectives
Experience: Demonstrated expertise of the company and individuals
Understanding of the work: Content, quality of the proposal
Cost effectiveness: Cost effectiveness in delivery more scope with limited resources
Proposal Submission
The deadline for submission is at 5:00pm EAT on 31st December 2024. Submission should be done to
How to Apply:
This is Full-time Job, To submit your application, please follow the link provided below.
CLICK HERE TO APPLY
