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Half of your time is spent consulting with microfinance institutions on their marketing and product development projects (eg. launching a microinsurance program). Half of your time is spent doing research on best practices and developing relationships in the industry. Edit
Great way to learn about microfinance and get into the industry. You get exposure to microfinance institutions in different countries and develop an expertise that is valuable.
- Travel: Consultants based out of the U.S. typically do 1-2 international trips per month. This makes it difficult for people to invest in their personal life and to have good work/life balance.
- Compensation: Microfinance nonprofits pay significantly lower than for-profit financial services firms.
- Responsibility: As a consultant, you don't get the responsibility and satisfaction for seeing your ideas implemented.
It is important to have an expertise related to microfinance or a specific product. For example, consultants working in microinsurance should have experience working in microinsurance or the traditional insurance industry.
More than your resume, hiring managers want to see the thinking you'll contribute day one.
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