Antigua Breaking News

Day: February 6, 2019

  • England underestimated Windies, says Sir Viv

    England underestimated Windies, says Sir Viv

    Cricket legend Sir Viv Richards believes England took West Indies too lightly, resulting in their shock hammering in the ongoing three-Test series. Sir Viv was on hand at the picturesque ground named in his honour to witness the 10-wicket victory on a sun-kissed third day last Saturday. The victory came with an exclamation point as…

  • New initiative to end political violence in Venezuela

    New initiative to end political violence in Venezuela

    Caribbean Community (CARICOM) leaders have joined their counterparts from Mexico and Uruguay in formalising a plan to address the complex situation that relates to Venezuela, through an initiative called the Montevideo Mechanism. A statement issued by the Office of the Prime Minister in Trinidad and Tobago, noted that the initiative is a response to a…

  • Cruise tourism industry set for steady growth in 2019 and beyond

    Cruise tourism industry set for steady growth in 2019 and beyond

    With the 2018 cruise figures already surpassing those of the year prior with a recorded 792,873 visitors, Tourism officials are buoyant regarding the prospects for 2019 and beyond. According to Minister of Tourism Charles Fernandez, “the 2018 cruise tourism’s performance was an historic achievement under this administration…it is the best result in the annals of…

  • New oil discoveries in Guyana

    New oil discoveries in Guyana

    Guyana Wednesday announced that the US-based oil giant ExxonMobil had made two additional discoveries of oil offshore Guyana building on the previously announced estimated recoverable resource of more than five billion oil-equivalent barrels on the Stabroek block. “This continues to be positive news for the people of the Co-operative Republic of Guyana, but the real…

  • PM publishes payments made by BOE to Richard Lewis

    PM publishes payments made by BOE to Richard Lewis

    Prime Minister Gaston Browne has published what he said are payments that were made by the Board of Education (BOE) to Richard Lewis. According to the Browne, the payments were for Lewis’ information technology “text,” textbook. “Where is the falsity?” the Prime Minister questioned. The alleged payments totalled just under $1.4 million.

  • Antigua Lions Club offers assistance

    Antigua Lions Club offers assistance

    Kofi Nyarko wrote the Lions Club of Antigua for financial assistance after he had to travel to Jamaica to be examined by a Cardiologist. Subsequent to the examination, he was informed that he has to undergo heart surgery as soon as possible and the operation could not be done in Jamaica, but could be done…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]. 

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]