Antigua Breaking News

Day: November 10, 2019

  • Chaneil Imhoff off to Saudi Arabia for Entrepreneurship World Cup

    Chaneil Imhoff off to Saudi Arabia for Entrepreneurship World Cup

    Months after earning a top spot in the Caribbean Tech Entrepreneurship Programme (CTEP), young Antiguan entrepreneur is taking on another major challenge. Imhoff left Antigua on Sunday for Saudi Arabia to compete in the Entrepreneurship World Cup (EWC). The Entrepreneurship World Cup is more than just a global pitch competition with a shot at life-changing…

  • Senator Shenella Govia elected on JCI International Board

    Senator Shenella Govia elected on JCI International Board

    An Antiguan has been elected to serve as an executive member on the 2020 International Board of Junior Chamber International (JCI). Government Senator Shenella Govia was elected as International Vice President. The momentous election took place in Tallin, Estonia over the weekend. At the World Congress General Assembly, Senator Govia was elected and assigned to…

  • Jamaican lottery scam victim hoping to get back her $400K

    Jamaican lottery scam victim hoping to get back her $400K

    A 90-year-old North Dakota woman who was robbed of her life savings by a Jamaican lottery scam says she has been paid back only $287 of the $400,000 she’s owed. Edna Schmeets of Harvey, a small central North Dakota town about 77 miles (124 kilometres) northeast of Bismarck, was the victim whose case launched what…

  • Dunnah fined $50K for importing cannabis in microwave

    Dunnah fined $50K for importing cannabis in microwave

    Daren Leslie Dunnah of Cassada Gardens has been fined $50,000 after he was convicted of drug offences in the Magistrates’ Court. In early September 2018, Dunnah was charged with importation of cannabis, possession of cannabis, possession of cannabis with intent to transfer, and being concerned with the supply of cannabis. At the time, Dunnah was…

  • PHOTOS: Embracing our elders as they embrace their national pride

    PHOTOS: Embracing our elders as they embrace their national pride

    Senior Citizens from the Yorks and Cedar Grove Communities were treated to a grand island by community leaders from their constituency on Independence weekend. The retirees, who are not always in a position to travel often, were delighted to see parts of the island and the many developments along the way. Driving through various communities…

  • Antigua welcomes Bolivia’s decision to hold fresh elections

    Antigua welcomes Bolivia’s decision to hold fresh elections

    Antigua and Barbuda’s Ambassador to the Organisation of American States, Sir Ronald Sanders, today wrote to the Chair of the  OAS Permanent Council, hailing the decision of the President of Bolivia, Evo Morales, to hold fresh Presidential elections, following the findings of “irregularities” by an OAS audit of the October 20th presidential elections After consultations…

  • Fat-shaming Santa is naughty not nice

    Fat-shaming Santa is naughty not nice

    The jelly belly of jolly olé St. Nicholas is bothering the diet-obsessed. And they are fat-shaming Santa Claus. Fat phobia has reached the North Pole. The Keto crowd want children to put steak instead of cookie carbs on plates for Santa. Don’t forget the bacon. And a bucket of lard. The Paleo people want kids…

  • CAL Guyana to New York flight diverted to Bahamas with mechanical problems

    CAL Guyana to New York flight diverted to Bahamas with mechanical problems

    Caribbean Airlines flight BW 526 bound for John F. Kennedy International Airport, New York from Guyana on Saturday, diverted to Nassau, Bahamas due to a mechanical issue with one of its engines. There were 134 passengers and 7 crew on board. The flight landed safely at 10:51 p.m. and was met by airport services. Caribbean…

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]