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Excellent career development
opportunity emphasizing financial and business consulting skills in emerging
markets Industry: Impact Investing/Nonprofit/International Development
Position Title:Intern
Function: Internship – Investment
Analysis, Client Services, Accounting, and Administration
Organization:The Mango Fund
Primary Location:Kampala, Uganda (English
required)
Job Type : Full-time
Employment
Contract: June 2014 – June 2015
Applications: Reviewed on a rolling
basis
Organization Description
East Africa, as with much of
the developing world, has a “missing middle” of growth-oriented
investment funds. There are
many players seeking to make investments below 5,000 USD (typically called
“microfinance institutions”) and above 100,000 USD (typically considered
“private equity” firms). However, there are few established players that will
provide private investment in the range of 10,000-50,000 USD. This is the
“missing middle” and the segment that the Mango Fund is servicing.
The Mango Fund was founded
in May 2011. Mango believes that the success of emerging, growthoriented
businesses that seek investment at the level described as the “missing middle”
is crucial to the economic development of East Africa. These small to medium
sized businesses are often nearing the tipping point of becoming relatively
large established market players. As these businesses grow, they create
employment opportunities that have compounding positive socioeconomic effects
on the development of the communities in which they operate. Mango seeks to
help these businesses get to and over that tipping point.
More specifically, Mango
Fund is focused on businesses that leverage technology to perform value
addition activities within their base countries. Our hypothesis is twofold:
1) local value addition keeps capital within
local economies, and
2) the development of more
advanced technical capabilities facilitates entry to more robust global
markets.
The Mango Fund is a
non-profit impact investment fund or venture philanthropy fund that seeks to
maximize in-country returns for the fund and provide positive social impact for
the people of East Africa.
The ultimate goal of the
fund is to create a sustainable in-country business model.
Statement of Motivation:
The Mango Fund is a
faith-inspired organization. We draw our motivation to serve from our faith in
Jesus Christ. And following Christ’s example, we are compelled to engage across
religious, ideological, and
cultural lines.
The Mango Fund – East Africa
Uganda (+256) 78 4472764
www.mangofund.org l info@mangofund.org
Job Description
The Mango Fund Internship
offers qualified individuals the rare opportunity to shape and maximize the
impact potential of the fund. Interns will actively participate in the
following activities as Mango serves its
markets:
· Investment
interface: Interns will participate in a variety of tasks associated with
lead sourcing, due diligence, contract development, and consulting services.
Interns will participate in and support the fund’s efforts at every step of
client relationships.
· Consulting
Services: Mango’s mission is to come alongside entrepreneurs to help them
grow their businesses. At each stage of
our engagement with entrepreneurs, we seek to provide consulting on technical
and business strategy. These consulting services continue, if not increase,
once an investment is made.
· System
Development: Critical to the success of the fund is the need to develop and
maintain strong systems for administration and finance. Interns will help to
create and shape these systems for optimal effectiveness and efficiency.
· Accounting –
Interns will be responsible for data processing and management. This includes
maintaining accurate accounting records for client transactions, imprest/cash
accounts, and expense reports.
· Operations:
As a start-up, it is expected that all members, including interns, assist in a
variety of operating activities (legal, marketing, accounting, administrative,
etc.) towards the development of the organization.
Qualifications
Mango Interns must
demonstrate a commitment for international development. In addition to the
minimum requirements, we are seeking exceptional professionals or students who
share the following
skills and characteristics:
· Strong
experience: Examples include a demanding professional work experience or
successful entrepreneurial experience. Candidates from a variety of backgrounds
are welcome to apply. Some specific backgrounds of interest are: management
consulting, finance, accounting, and entrepreneurship. Diploma or degree
desired.
· Leadership and
initiative: Able to identify problems, come up with solutions, and execute
those solutions independent of significant direction from their supervisor.
· Eagerness to be a
part of a groundbreaking start-up. Start-ups are unique in their ability to
provide a seemingly endless
amount of work. Candidates should be eager to wear many hats
and put in significant hours
to help build the organization and its impact. Also, candidates should be very
self-motivated, able to manage their own agenda to accomplish their varying
responsibilities.
· A willingness to
commit to living in East Africa for the entirety of the 12-month internship.
This role has the potential to develop into a long-term, career-track role. The
ideal candidate will have at least one year demonstrated experience working in
the developing world, although this is not a strict requirement.
· Language:
English required, French and Luganda desired
Preferred Start Date: Early June 2014
Compensation and Benefits: This is an unpaid
internship. Interns are encouraged to fundraise support to cover their
expenses.
Career development: Quarterly management
consulting-style career reviews and constant feedback.
Your manager will invest
significant time in your career development.
Sponsor International
Candidates: Yes
Mode of Application:
Please send the following as
a single PDF document to
employment@mangofund.org:
cover letter, CV, and a work sample.
Please title the PDF
document
“Application – Intern –
[Last name of applicant].”
Applications will be
reviewed and interviews extended on a rolling basis.
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Position Title:Severe Illness Program
Manager
Reports : to and communicates with
supervisors.
