Day: June 27, 2020

  • LIAT likely to be liquidated – PM Browne

    LIAT likely to be liquidated – PM Browne

    “From all indication, LIAT will be liquidated,” Prime Minister Gaston Browne announced Saturday. The Prime Minister said there will be a meeting of all shareholders shortly to discuss collapsing LIAT. A new entity will be formed. “COVID would have actually, let’s say increased the losses exponentially, so whereas in all of 2019 LIAT made a…

  • PM threatens to deport ‘Spanish lady’ who has been a thorn since her arrival

    PM threatens to deport ‘Spanish lady’ who has been a thorn since her arrival

    A woman who has been a source of headache for the authorities since she arrived in the country has been threatened with deportation. Prime Minister Gaston Browne issued a warning to the woman on Pointe FM’s Browne and Browne Show this afternoon.  “This Spanish lady who they allowed to quarantine at home and they found…

  • BREAKING: ‘From all indication LIAT will be liquidated’ – PM Browne

    BREAKING: ‘From all indication LIAT will be liquidated’ – PM Browne

    “From all indication, LIAT will be liquidated,” Prime Minister Gaston Browne has just announced. The Prime Minister said Shareholders Governments will meet shortly with the view to collapsing LIAT. A new entity will be formed. More to come.

  • Gov’t backs down from requirement that all incoming passengers be tested after lawsuit threat

    Gov’t backs down from requirement that all incoming passengers be tested after lawsuit threat

    Antigua and Barbuda is reviewing a policy announced this week that all arriving passengers into the country would be tested for COVID-19. Earlier this week the government said every person entering the country will need to be tested and will undergo mandatory quarantine, after the island recorded 39 cases of the coronavirus from individuals who…

  • Elizabeth Saunders, Managing Director of Straffie’s Funeral Home dies

    Elizabeth Saunders, Managing Director of Straffie’s Funeral Home dies

    Elizabeth Saunders, the Managing Director of Straffie’s Funeral Home, has died. Saunders passed away this morning at Mount St John Medical Centre after a brief period of illness. (With reporting by Mary John)

  • BREAKING: Woman who escaped from quarantine picked up in Grays Farm

    BREAKING: Woman who escaped from quarantine picked up in Grays Farm

    A woman who absconded from the government’s quarantine facility this week has been picked up in Grays Farm, 268 TODAY has learned. Last night Democratic National Alliance (DNA) Leader Joanne Massiah broke the news that the woman had escaped. The woman, who recently returned to the country, was escorted to the government’s quarantine facility on…

  • DNA Leader says woman has gone missing from country’s quarantine facility

    DNA Leader says woman has gone missing from country’s quarantine facility

    Democratic National Alliance (DNA) Leader Joanne Massiah has made startling claims regarding the country’s quarantine management system. A woman who recently returned to the country was escorted to the government’s quarantine facility on Wednesday after it was found out she had broken the self-quarantine stipulations. In a Facebook Live broadcast on Friday, Massiah cited reliable…

  • International Meteorological Agency warns of impact of Saharan dust on the Caribbean

    International Meteorological Agency warns of impact of Saharan dust on the Caribbean

    The World Meteorological Office (WMO) Friday said the massive dust storm currently blanketing many parts of the Caribbean is posing a significant threat to regional health. It is also highlighting the importance of having effective warning systems in place. The storm arrived in the Eastern Caribbean from North Africa last week, affecting a wide area…

  • Pastor accused of having sex with women to cast out demons gets bail

    Pastor accused of having sex with women to cast out demons gets bail

    A Jamaican pastor accused of repeatedly having sex with two members of his congregation in order to ‘heal’ them of demons was on Friday offered bail on rape charges. On May 20, Bishop Winston Campbell, 56, was arrested and charged with two counts of rape. He was offered bail in the St Catherine Parish Court in…

  • Pilots banking on LIAT meeting

    Pilots banking on LIAT meeting

    Some 28 to 30 Barbadian pilots employed by the Antigua and Barbuda-based LIAT airline are hoping for financial relief coming out of a shareholders’ meeting this weekend. The pilots, who joined the National Union of Public Workers (NUPW) in late 2018, are owed millions of dollars in back-pay, damages awarded by the Antigua courts, pension…

  • ABMA launches marine relief fund

    ABMA launches marine relief fund

    The Antigua and Barbuda Marine Association launched the Marine Relief Fund last month to assist yacht workers whose employment has been affected by the COVID-19 pandemic. Although for many companies within the yachting sector such as marinas and boat yards, business initially continued due to the unique situation created by the lockdown, many individuals normally…

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]