Day: April 29, 2020

  • No new cases of COVID-19 in Antigua and Barbuda

    No new cases of COVID-19 in Antigua and Barbuda

    The most recent results received by the Ministry of Health Wellness and the Environment from the Caribbean Public Health Agency (CARPHA) revealed no new laboratory confirmed cases of COVID-19. This means that the total number of persons with laboratory confirmation of the disease in Antigua and Barbuda remains at 24. Of the 11 samples sent…

  • BREAKING: Cabinet approves return to beaches from May 5

    BREAKING: Cabinet approves return to beaches from May 5

    The Cabinet today approved the return to beaches, beginning Tuesday, May 5, 2020, for the purpose of exercise and to improve the healthy lifestyle, and thereafter on Monday to Friday, 6 a.m. to 6 p.m. Going to the beach on weekends or holidays is not permitted. Other restrictions apply as follows: a. No more than…

  • UPP calls PM Browne’s ‘fundraising’ statements egregious lies

    UPP calls PM Browne’s ‘fundraising’ statements egregious lies

    The United Progressive Party (UPP) strongly denies statements made by Prime Minister Gaston Browne, over the past weekend, in which he claims to have undertaken fundraising efforts on behalf of the UPP. These egregious lies were uttered with one aim in view: To undermine the credibility and integrity of the UPP by associating the UPP…

  • Guyana court orders man who breached curfew to stand outside and display this sign

    Guyana court orders man who breached curfew to stand outside and display this sign

    A Guyanese man who breached the curfew orders in place to help stop the spread of COVID-19 has been sentenced to an unusual form of punishment. Romal Gardner breached the restriction to stay home. This has been found to be in contravention of No.1 Restriction of the COVID-19 Emergency Measures #53/2020 , contrary to Section 21…

  • Rower, 72, set to become oldest to cross Atlantic

    Rower, 72, set to become oldest to cross Atlantic

    A 72-year-old man is set to claim the title of oldest person to row solo across the Atlantic after a 13-week adventure in a handmade boat. Graham Walters, from Thurmaston in Leicestershire, is raising money for Help for Heroes by rowing from Gran Canaria to Antigua. This is his fifth Atlantic crossing, the fourth in…

  • Saint Lucia records 2 new cases of COVID-19

    Saint Lucia records 2 new cases of COVID-19

    Saint Lucia has recorded two additional cases of COVID-19 bringing the total number so far to 17, the Ministry of Health and Wellness has announced. A ministry statement Wednesday said that on Tuesday, April 28, 2020, results of 44 samples for persons tested for COVID-19 were received. According to the statement, of that batch, there…

  • UPDATED: At least 1 fatality in Seaview Farm fire

    UPDATED: At least 1 fatality in Seaview Farm fire

    A house fire at Seaview Farm near the Jehovah Witness Church today claimed the life of Hilton Floyde, 74. All Saints Fire Tenders responded to the call approximately 11:31 a.m. and met the 21×45 wooden structure engulfed in flames. The property was owned by Floyde and occupied by five people to include Floyde, who was…

  • ECLAC: Borrowing not an option for Caribbean countries to face COVID-19 crisis

    ECLAC: Borrowing not an option for Caribbean countries to face COVID-19 crisis

    Prime Ministers, Premiers, Finance Ministers, Financial Secretaries, and other high-level government representatives from 15 Caribbean countries held yesterday a virtual meeting with ECLAC, heads of Caribbean regional organizations and representatives of other UN agencies in the subregion to discuss the economic impact of the COVID-19 pandemic on their economies, already besieged by both climatic and…

  • Gilead virus-drug trial signals hope, and Fauci sees ‘Good News’

    Gilead virus-drug trial signals hope, and Fauci sees ‘Good News’

    Gilead Sciences Inc. said early results from a U.S.-government-run study showed its experimental drug to treat coronavirus helped patients recover more quickly than standard care, suggesting it could become the first effective treatment for an illness that has turned modern life inside-out. The company issued a news release early Wednesday commenting on the study from…

  • Pro bono legal support to help developing countries through COVID-19 crisis

    Pro bono legal support to help developing countries through COVID-19 crisis

    The Commonwealth is joining forces with law firms to give member countries expert help on mitigating the devastating effects of COVID-19 on people’s livelihoods. The COVID-19 Business Law Response Initiative (COBULRI) will offer guidance and knowledge to governments of developing countries in particular as they rapidly adjust legislation to meet the huge disruption caused by…

  • PM says Antigua will ‘paddle its own canoe’ rather than accept IMF loan

    PM says Antigua will ‘paddle its own canoe’ rather than accept IMF loan

    Antigua and Barbuda has reportedly said “No thanks!’ to the International Monetary Fund (IMF), which has approved loans for three OECS countries. Prime Minister Gaston Browne confirmed to local media last night that Antigua and Barbuda has opted not to go that route as, in his mind, the amount of money that has been approved…

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]