Day: December 8, 2020

  • LIAT Administrator provides further clarity on issues with Barbados and St. Vincent

    LIAT Administrator provides further clarity on issues with Barbados and St. Vincent

    LIAT Administrator Cleveland Seaforth has provided further clarity on the issues with Barbados and St. Vincent, which forced the carrier to cancel flights to those countries mere days after it restarted limited services. Seaforth spoke with state media in Antigua Tuesday evening.

  • UWI Five Islands campus responds to Daily Observer article

    UWI Five Islands campus responds to Daily Observer article

    The following statement is in response to a headline and article published in the Daily Observer newspaper on Tuesday, December 8, 2020 entitled, “University Payments Delayed for Third Month.” The University of the West Indies Five Islands Campus seeks the opportunity to clarify the report—which lacks some context. The UWI Five Islands Campus, Antigua and…

  • Antigua and Barbuda commemorates CARICOM-Cuba day 2020

    Antigua and Barbuda commemorates CARICOM-Cuba day 2020

    Today, we commemorate CARICOM-Cuba Day, and 48 years of close relations between the Member States of the Caribbean Community (CARICOM), and the Republic of Cuba. On Dec. 8 in 1972, the four newly independent CARICOM Member States, Barbados, Guyana, Jamaica and Trinidad and Tobago, established diplomatic relations with Cuba during the bitter Cold War period,…

  • Antigua and Barbuda assumes AOSIS chairmanship in January 2021

    Antigua and Barbuda assumes AOSIS chairmanship in January 2021

    Antigua and Barbuda will assume the chairmanship of the Alliance of Small Island States (AOSIS), an international body concerned with the effect of climate change on small islands and coastal countries. Ahead of its acceptance of the chairmanship from Belize, Foreign Affairs Minister, E. P. Chet Greene saluted the work of its predecessor for “so…

  • Barbuda could learn from V.C. Bird

    Barbuda could learn from V.C. Bird

    By Makeda Mikael The Right Honourable Prime Minister V. C. Bird, most precious honour was represented by the Lion Of Judah medal bestowed upon him by HIH Prince Ermias Sahle-Selassie Haile Selassie, President of the Crown Council of Ethiopia. This was the only medal that our Father of the Nation allowed on his coffin. Papa…

  • VIDEO: J’Truth reveals his mom has Stage 4 Cancer; Appeals for assistance

    VIDEO: J’Truth reveals his mom has Stage 4 Cancer; Appeals for assistance

    Social Media influencer J’Truth says his mother has been diagnosed with Stage 4 Cancer. J’Truth, who hosts Lives on his Facebook page, J.Truth TheEngineer, made the revelation on Tuesday and appealed to his fans for help to assist with treatment for his mother. Death threats made against social media influencer J’Truth during Facebook Live

  • Antigua and Barbuda updates travel advisory

    Antigua and Barbuda updates travel advisory

    The Government of Antigua and Barbuda has updated its travel advisory effective immediately to ensure the continued safety of travelers and residents. The V.C. Bird International Airport is open for international and regional air traffic. The Antigua Port Authority is open to Cargo Vessels, Pleasure Craft and Ferry Services which are required to follow all…

  • PM Browne and his gumption

    PM Browne and his gumption

    Barbados TODAY Editorial Being Prime Minister is an awesomely important job, carrying with it great responsibility, leverage and influence. In the Caribbean, the holder of this office is really the maximum leader, wielding the power to appoint and disappoint, improve the lives of the masses and destroy those of his or her enemies. In our…

  • CIBC FirstCaribbean donates $10K to Lions, Red Cross and Salvation Army

    CIBC FirstCaribbean donates $10K to Lions, Red Cross and Salvation Army

    In the midst of the Christmas season, many of Antigua and Barbuda’s voluntary and church organisations reach out to those in need to try to ensure that no one is forgotten. However, to achieve this goal, these organisations depend largely on the generosity of the public and corporate sponsors. CIBC FirstCaribbean is once again leading…

  • American Airlines, Delta expanding flights to Antigua

    American Airlines, Delta expanding flights to Antigua

    By Caribbean Journal Staff More airlines are expanding their flights to Antigua and Barbuda for the winter as demand for the destination continues to rise, officials said this week. Air Canada made its return to Antigua this weekend, while more United States and United Kingdom-based carriers are adding flights this winter, too. That includes American…

  • Corruption caution urged amid COVID-19 pandemic

    Corruption caution urged amid COVID-19 pandemic

    The current COVID-19 pandemic has put into sharp focus the thorny and constantly evolving nature of corruption, and how it can reverse development gains in the Caribbean. President of the Caribbean Development Bank (CDB), Dr Warren Smith sounded this warning on Monday as he opened the inaugural Caribbean Conference on Corruption, Compliance, and Cybercrime, jointly…

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]