Day: December 31, 2019

  • Musings on 2020

    Musings on 2020

    By Sir Shridath Ramphal QC The Year 2000, we knew, began a new Millennium. It marked a measurable change. 2020 feels like the start of a new immeasurable era. At that midnight hour 20 years ago, our mood was one of hopeful challenge as we looked to the new period ahead. Tonight, our disposition is…

  • Thousands cleared of marijuana convictions

    Thousands cleared of marijuana convictions

    Illinois’ governor has granted more than 11,000 pardons for low-level marijuana convictions, one day before the state’s new law permitting broad use and sale of cannabis takes effect. Gov. JB Pritzker granted the pardons on Tuesday at a church on Chicago’s south side. He says the expungements of misdemeanouroffences will help people seeking jobs, housing…

  • Baby Jesus goes missing from popular Florida nativity scene

    Baby Jesus goes missing from popular Florida nativity scene

    A baby Jesus that went missing from a popular nativity scene at a Florida park has now been replaced after the statue’s disappearance was first noted by a startled 8-year-old boy. The boy’s family in Tallahassee, the state capital, alerted officials Monday about the missing infant statue via Twitter. City officials could not say what…

  • Caribbean Airlines ‘milking’ Guyanese to cover Trinidadians’ air travel

    Caribbean Airlines ‘milking’ Guyanese to cover Trinidadians’ air travel

    The Competitions and Consumer Affairs Commission (CCAC), in a recent study, highlighted that Guyana continues to be exploited as “cash cow” for Trinidad state- owned Caribbean Airlines Limited (CAL) so that the struggling airline can offset huge losses being encountered at its internal air bridge route between Trinidad and Tobago. The study released on Monday…

  • CTO says 2019 has been a good year for regional tourism

    CTO says 2019 has been a good year for regional tourism

    New Year’s message from CTO’s acting Secretary-General If we were to stop and reflect on this year as it comes to a close, we would most likely describe 2019 as a varied year, which both highlighted the strengths in Caribbean tourism and its inherent weaknesses. The sector’s strengths were evident in the significant growth rates…

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]