Day: May 29, 2020

  • Petition launched calling for removal of convicted murderer Umberto Schenato from Fiennes Institute

    Petition launched calling for removal of convicted murderer Umberto Schenato from Fiennes Institute

    The family of the late Edda Jensen has launched a petition calling for the removal of convicted murderer Umberto Schenato from the Fiennes Institute. The family has been calling for Schenato to be immediately returned to Her Majesty’s Prison. Recently, Schenato was transferred from Her Majesty’s Prison to the Mount St. John Medical Centre for…

  • George Floyd death: Ex-officer charged with murder in Minneapolis

    George Floyd death: Ex-officer charged with murder in Minneapolis

    A former Minneapolis police officer has been arrested and charged with murder and manslaughter following the death of an unarmed black man in custody. Derek Chauvin was shown in footage kneeling on George Floyd’s neck. He and three other officers were sacked over the fatality on Monday. Days of looting and arson in the Minnesota…

  • BREAKING: LIAT extends suspension of passenger services to June 30

    BREAKING: LIAT extends suspension of passenger services to June 30

    LIAT‘s commercial passenger services will remain suspended until June 30, 2020, due to the continued impact of the COVID-19 pandemic. Chief Executive Officer, Julie Reifer-Jones reported that most of LIAT’s network remains closed to commercial passenger traffic. While some territories have announced a reopening date, there are still many protocols to be implemented, such as…

  • Battered Caribbean prepares for hurricanes amid pandemic

    Battered Caribbean prepares for hurricanes amid pandemic

    Hurricanes. Earthquakes. COVID-19. Caribbean islands have rarely been so vulnerable as an unusually active hurricane season threatens a region still recovering from recent storms as it fights a worsening drought and a pandemic that has drained budgets and muddled preparations. “It is crazy,” said Iram Lewis, Bahamian minister for Disaster Preparedness, Management and Reconstruction. “No…

  • Dear Prime Minister Browne: A desperate plea from nationals stranded in DR

    Dear Prime Minister Browne: A desperate plea from nationals stranded in DR

    May 29, 2020 Office of the Prime Minister Honorable Gaston Browne Queen Elizabeth Highway St. John’s Antigua   Re: Next available flight home On behalf of myself, also the other nationals of Antigua and the Hispanic people who reside in Antigua who are currently stranded in in the Dominican Republic, we are humbly seeking for…

  • FIFA issues guidelines on penalisation of spitting and other related actions

    FIFA issues guidelines on penalisation of spitting and other related actions

    In an effort to prevent the possible spread of COVID-19, the Fédération Internationale de Football Association (FIFA) has issued guidelines relative to penalisation of spitting and other related offences during play. This comes in response to organisers who “have issued protocols recommending that players refrain from spitting and similar actions such as nose-clearing during matches.”…

  • Gov’t shelves Bill to suspend payment of gratuity and severance

    Gov’t shelves Bill to suspend payment of gratuity and severance

    The government has shelved the passage of a bill that would suspend gratuity and severance payments while the economy recovers from the COVID-19 pandemic. The Parliament of Antigua and Barbuda was scheduled to meet next Tuesday, June 2, to suspend certain laws during emergencies. “We understand that the concern was to preserve businesses and at…

  • Montserrat gov’t disburses more than $700K in COVID-19 salary support

    Montserrat gov’t disburses more than $700K in COVID-19 salary support

    A total of 518 employees have benefited from the salary support scheme under the Government of Montserrat’s COVID-19 stimulus package. According to Premier and Minister of Finance Joseph Farrell, 44 businesses applied for the grants under the tourism sector COVID-19 Salary Support, representing 149 employees. Of this number, 23 businesses were successful supporting 75 employees.…

  • Not enough preparation ahead of border reopening, UPP says

    Not enough preparation ahead of border reopening, UPP says

    The  United Progressive Party (UPP) is aware of, and sensitive to, the hardships being caused by the economic shutdown.  We also understand that we cannot remain closed forever.  Our only real issue, therefore, is the timing of the reopening of the economy. If we listen to the advice of global health officials and follow the…

  • PAHO urges young people to help expose and resist tobacco industry deception

    PAHO urges young people to help expose and resist tobacco industry deception

    On this year’s World No Tobacco Day, May 31, the Pan American Health Organization (PAHO) is calling on young people in the Americas to recognize, expose and resist the deceptive tactics used by the tobacco industry and its allies to recruit new, younger customers—at the eventual cost of millions of lives lost. “The tobacco industry…

  • Governor-General provides assistance for social programme

    Governor-General provides assistance for social programme

    Governor-General Sir Rodney Williams presented $7,000 worth of hand sanitizers to the Minister of Social Transformation, Human Resource Development and The Blue Economy, Dean Jonas. This initiative was undertaken  in response to a request from Minister Samantha Marshall. The items were donated by the Mill Reef Fund and are intended for use by the 160…

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]