Application Guide

How to Apply for Consultoría para la asesoría de la ejecución del primer piloto de Pago por Resultados (PpR)

at Alterna Impact

🏢 About Alterna Impact

Alterna Impact is a consultancy focused on innovative financing mechanisms and social impact projects in Latin America. They are dedicated to designing and implementing results-based financing (RBF) and impact investing strategies to address systemic social and economic challenges. Working here offers the opportunity to be at the forefront of financial innovation for social good.

About This Role

This role involves providing advisory services for the execution of the first Payment for Results (PpR) pilot in Guatemala, aimed at strengthening the entrepreneurial ecosystem of SMEs and startups. The consultant will be instrumental in ensuring the pilot's success, which could pave the way for scaling up innovative financing approaches in the region, directly impacting economic development and poverty reduction.

💡 A Day in the Life

A typical day might involve virtual meetings with project stakeholders in Guatemala to discuss pilot progress, reviewing data and reports on key performance indicators, and preparing advisory documents or presentations. You would also spend time researching best practices in results-based financing and adapting them to the local context, all while coordinating with the Alterna Impact team remotely.

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🎯 Who Alterna Impact Is Looking For

  • Experience in designing or implementing results-based financing (RBF) or Payment for Results (PpR) mechanisms, preferably in international development contexts.
  • Strong understanding of the entrepreneurial ecosystem in Guatemala or similar emerging markets, including challenges faced by SMEs and startups.
  • Excellent project management skills, with the ability to coordinate multiple stakeholders and manage complex pilot projects.
  • Fluency in Spanish and English, with exceptional written and verbal communication skills.

📝 Tips for Applying to Alterna Impact

1

Tailor your CV to highlight any experience with innovative financing, impact investing, or results-based aid, using specific metrics and outcomes.

2

In your cover letter, demonstrate your knowledge of the Guatemalan context, especially the entrepreneurial ecosystem and the challenges mentioned in the TOR (poverty, informality, youth unemployment).

3

Showcase your ability to work remotely and manage projects independently, as this is a remote consultancy role.

4

Provide concrete examples of how you have advised on or implemented similar pilots, including any challenges faced and how you overcame them.

5

Mention any connections you have to the region or local organizations, as this is crucial for effective implementation.

✉️ What to Emphasize in Your Cover Letter

['Your passion for using innovative financing to solve social problems in Latin America.', 'Your specific experience with PpR or similar mechanisms, and how it applies to this project.', 'Your understanding of the Guatemalan entrepreneurial ecosystem and the opportunity it presents.', 'Your ability to work effectively in a remote, multicultural team and deliver results.']

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🔍 Research Before Applying

To stand out, make sure you've researched:

  • → Research Alterna Impact's previous projects and their approach to impact measurement and results-based financing.
  • → Look into the Inter-American Development Bank (IDB) and their work on innovative financing in Latin America, as this project is funded by them (ATN/ME-21289-GU).
  • → Study the entrepreneurial landscape in Guatemala, including key players, challenges, and recent initiatives.
  • → Familiarize yourself with the concept of Payment for Results in international development, including best practices and case studies.
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💬 Prepare for These Interview Topics

Based on this role, you may be asked about:

1 How would you approach the design and execution of a PpR pilot in a context like Guatemala?
2 Can you describe a time when you had to advise on a complex project with multiple stakeholders? How did you manage it?
3 What are the key risks and challenges you foresee in implementing this pilot, and how would you mitigate them?
4 How would you measure the success of this pilot, and what indicators would you prioritize?
5 Describe your experience with remote work and how you maintain productivity and communication in a remote team.
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⚠️ Common Mistakes to Avoid

  • Don't submit a generic application that doesn't address the specific requirements of this role, such as experience with PpR and knowledge of Guatemala.
  • Avoid ignoring the remote nature of the role; emphasize your ability to work independently and communicate effectively across time zones.
  • Don't overlook the importance of Spanish language skills; if you are not fluent, be clear about your level and how you plan to manage.

📅 Application Timeline

This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.

Typical hiring timeline:

1

Application Review

1-2 weeks

2

Initial Screening

Phone call or written assessment

3

Interviews

1-2 rounds, usually virtual

✓

Offer

Congratulations!

Ready to Apply?

Good luck with your application to Alterna Impact!

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