Day: May 13, 2020

  • BREAKING: PM Harris announces dissolution of parliament in St Kitts-Nevis

    BREAKING: PM Harris announces dissolution of parliament in St Kitts-Nevis

    Prime Minister Dr. Timothy Harris has announced the dissolution of the St.Kitts-Nevis Parliament to make way for elections in the Twin island Federation Election. No date for the elections has been announced. Address to the Nation by Prime Minister Dr. Timothy Harris on the Dissolution of Parliament: My Fellow Citizens and Residents: It was on…

  • Antigua announces reopening of V.C. Bird International Airport on June 1

    Antigua announces reopening of V.C. Bird International Airport on June 1

    The V.C. Bird International Airport will reopen to commercial traffic on June 1, 2020, the Antigua and Barbuda government announced Wednesday. Following a meeting if the Cabinet, it was announced that a number of international carriers are expected to begin service to Antigua within days of that date. “Certain protocols will apply, both at the…

  • BREAKING: New curfew time now 9 p.m. to 5 a.m. Beaches now open for 7 days

    BREAKING: New curfew time now 9 p.m. to 5 a.m. Beaches now open for 7 days

    Government has announced a further reduction in the curfew times. Following the Cabinet meeting, it was announced that the new times for the curfew will be from 9 p.m. to 5 a.m. This takes effect tonight. Information Minister Melford Nicholas also announced that beaches will now be opened seven days a week from 5 a.m.…

  • Google expects its staff to work from home until 2021 and it’s not alone

    Google expects its staff to work from home until 2021 and it’s not alone

    According to a Bloomberg report, Sundar Pichai, Google’s CEO, told Google employees on Thursday to be ready to work remotely through October and possibly to the end of the year. Actually, a Google spokeswoman said most Google workers are expected to work from home until 2021. So, life’s going back to normal? Not at this…

  • Barbados-born centenarian Hyacinth Mottley celebrates 106th birthday in Antigua

    Barbados-born centenarian Hyacinth Mottley celebrates 106th birthday in Antigua

    Born in Barbados on May 13, 1914, Hyacinth Mottley is being celebrated in Antigua & Barbuda today as she celebrates her 106th birthday. Mottley has been living in Antigua for over 75 years.  In her early years, she worked as a helper in many prominent households. In the mid-1950’ s she decided to leave domestic…

  • ILO: COVID-19 eliminates the equivalent of 1.5 million jobs in the Caribbean

    ILO: COVID-19 eliminates the equivalent of 1.5 million jobs in the Caribbean

    According to the latest data from the International Labour Organization (ILO), 9.9 per cent of working hours in the Caribbean are expected to be lost during the second quarter due to the impact of COVID-19. The magnitude is equivalent to a loss of 1.5 million full-time jobs. This employment outlook for the Caribbean region presents,…

  • Police leading probe after five bodies found in shallow grave in Jamaica

    Police leading probe after five bodies found in shallow grave in Jamaica

    The Major Investigations Division (MID) of the Jamaica Constabulary Force is leading a high-level probe following the discovery of five bodies in two shallow graves in an area known as Danger Island, which is adjacent to the banks of the Sandy Gully in the vicinity of Weymouth Drive, Kingston 20. The Assistant Commissioner of Police,…

  • Cut passenger taxes on air travel to compete, IATA tells Caribbean governments

    Cut passenger taxes on air travel to compete, IATA tells Caribbean governments

    Describing travel as being in a “free fall” and the airline industry as being “bare bones” due to the impact of coronavirus (COVID-19), the trade association for the world’s airlines is advising Caribbean governments to cut passenger taxes if they wish to be competitive when service is restored. Peter Cerda, the regional vice president for…

  • Antigua Distillery now making ‘NoVirus’ hand sanitizers

    Antigua Distillery now making ‘NoVirus’ hand sanitizers

    The decision by the Antigua Distillery Ltd. to diversify its product offerings by switching it production to meet the demand for hand sanitizers has won the company much praise and commendation. On Tuesday, Trade Minister, E. P Chet Greene led a tour of the production facilities at ADL adjacent to the Deep Water Harbour in…

  • Antigua and Barbuda salutes nurses

    Antigua and Barbuda salutes nurses

    Nurses across all health-care services gathered along the Queen Elizabeth highway for a one hour ‘Drive-By Parade” on Tuesday in recognition of International Nurses Day. International Nurses Day is celebrated around the world every May 12, which is the anniversary of Florence Nightingale’s birth. The annual event was first celebrated in 1965 by the International…

  • PAHO Director asks countries to address health, social and economic emergencies together, as COVID-19 expands in the Americas

    PAHO Director asks countries to address health, social and economic emergencies together, as COVID-19 expands in the Americas

    The Director of the Pan American Health Organization, Carissa F. Etienne, called on countries to address health, social and economic emergencies, saying she is “deeply concerned” by the rapid expansion of the novel coronavirus COVID-19 pandemic in the Americas. “The pandemic has forced us to address three emergencies at the same time: health, social and…

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]