Day: September 2, 2020

  • Jack Warner tests positive for coronavirus

    Jack Warner tests positive for coronavirus

    Former FIFA Vice President and Government Minister Jack Warner has contracted the deadly coronavirus. The Express understands that Warner, 77, was taken to Westshore private hospital last Friday with reports of a cardiac issue. He was subsequently attended to and he returned to his Arouca home where his condition deteriorated. Warner was taken back to…

  • Woman, 58, is latest COVID-19 death as Bahamas reports 61 new cases

    Woman, 58, is latest COVID-19 death as Bahamas reports 61 new cases

    A 58-year-old woman of New Providence is the latest victim of COVID-19, health officials confirmed today. The death toll from the virus now stands at 47 – with 13 deaths recorded in just over a week. There are also seven non-COVID-related deaths, COVID-19 patients who died from another illness. Health officials confirmed an additional 61…

  • Antigua and Barbuda back in the Barbados travel bubble

    Antigua and Barbuda back in the Barbados travel bubble

    Antigua and Barbuda is back into the Barbados travel bubble. See full statement below: Several European countries have now been deemed high risk by health authorities for travel into Barbados.  And a number of Caribbean countries have also been shifted from the low and medium risk categories to high risk. When the updated COVID-19 protocols…

  • PM says DCA’s latest letter to PLH shows his gov’t supports sustainable development

    PM says DCA’s latest letter to PLH shows his gov’t supports sustainable development

    PM Gaston Browne: “DCA has written to PLH demanding remitigation of the environmental violations at Palmetto Point, which were observed during most resent assessment of the site by the Department of the Environment. Our government supports sustainable development and the overall protection of the ecology of our beautiful twin island state. These recent actions by…

  • Dominica records another COVID-19 case

    Dominica records another COVID-19 case

    Dominica now has four active COVID-19 cases, this as the island announced an additional case on Wednesday. National Epidemiologist Dr. Shaluddin Ahmed told  a press briefing of the Ministry of Health that the last two cases detected on August 28 and 31 were both  imported. The two individuals were screened and placed in quarantine prior…

  • 3 more COVID deaths, 224 additional cases in Jamaica

    3 more COVID deaths, 224 additional cases in Jamaica

    Jamaica today recorded the deaths of three elderly men from COVID-19. The deaths bring the total to 24. Deceased: 88-year-old male from Clarendon 73-year-old male, also from Clarendon 79-year-old male from St. Elizabeth All three persons had underlying conditions, notably Parkinson’s disease, hypertension, alcoholism, and diabetes. At the same time, the Health Ministry said three…

  • UPP’s St. Peter Primary generates excitement among voters despite reported attempts to intimidate them

    UPP’s St. Peter Primary generates excitement among voters despite reported attempts to intimidate them

    The United Progressive Party’s primary in the St. Peter constituency is shaping up to be more than an internal race, with the Antigua Labour Party representative being accused of interference. Members of the Branch have lodged a number of complaints with the Party’s Leadership, reporting that they have been called, visited, or invited to visit…

  • PM Harris announces new stimulus payment for unemployed individuals

    PM Harris announces new stimulus payment for unemployed individuals

    Some 3,000 people, who remain unemployed as a result of the COVID-19 pandemic, will benefit from further assistance from the St. Christopher and Nevis Social Security Board in the month of September. Prime Minister and Minister of Finance, Dr Timothy Harris, shared the good news last night (September 01) during this week’s edition of the…

  • Dear Daily Observer – Do Better

    Dear Daily Observer – Do Better

    Dear Editor: Please permit me to space in your online media to share my disgust with the Daily Observer. In an article in today’s paper under the heading: Woman accused of dumping foetus in garbage granted bail — the Observer for reasons unknown, decided to publish the name of the young lady. Would it have…

  • Up to €15,000 in Grant Funding Available to CARIFORUM MSMEs

    Up to €15,000 in Grant Funding Available to CARIFORUM MSMEs

    The Caribbean Export Development Agency in collaboration with the European Union has launched the Direct Support Grants Programme, a newly developed grant facility in response to COVID-19 and the need for CARIFORUM firms to access finance during a time when cashflow has been significantly restricted. CARIFORUM firms will now be able to submit proposals or…

  • Politician accused of interfering with UPP St. Peter Primary Contest

    Politician accused of interfering with UPP St. Peter Primary Contest

    A local politician is busy trying to ensure that people do not come out to vote in Thursday’s United Progressive Party St.Peter Primary, well placed sources within the branch say. A source, who is on the campaign team of one of the three contenders, said the politician obtained a list of the members of the…

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]