Day: January 7, 2021

  • Barbados records 51 new cases of COVID-19

    Barbados records 51 new cases of COVID-19

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST Barbados recorded 51 new positive COVID-19 cases on Tuesday, from among 1,164 tests conducted by the Best-dos Santos Public Health Laboratory. The new cases include 33 men and 18…

  • Statement by Asot Michael on the passing of Gordon ‘Butch’ Stewart

    Statement by Asot Michael on the passing of Gordon ‘Butch’ Stewart

    I join the leadership and management of Caribbean hotel and tourism development through the years to mourn the loss of world-renowned entrepreneur and hospitality industry mogul Gordon “Butch” Stewart, who died on Monday, Jan. 4, 2021 in the United States at the age of 79. Forty years ago, Mr Stewart, the founder of Sandals Resorts…

  • Saint Lucia pledges support amid rumblings at Saint Vincent volcano

    Saint Lucia pledges support amid rumblings at Saint Vincent volcano

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST The Government of Saint Lucia and OECS member states continue to monitor the ongoing volcanic activity happening at La Soufriere in St. Vincent and the Grenadines and pledged to…

  • Throne Speech and Budget estimates set for Jan. 15

    Throne Speech and Budget estimates set for Jan. 15

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST The dates for formal opening of the fourth session in the life of the current parliament as well as the 2021 Budget presentation have been set for later this…

  • CP among entertainers to celebrate 1st Black US Vice President

    CP among entertainers to celebrate 1st Black US Vice President

    TO RECEIVE NEWS NOTIFICATIONS VIA WHATS APP PLEASE SAVE OUR NUMBER AND SEND US A MESSAGE AT 268-721-5402 AND WE WILL ADD YOU TO OUR LIST Award-winning Antigua & Barbuda’s soca star, Claudette Peters, known for hits like “Something Got A Hold On Me,” is among the top Caribbean artists set to perform at a star-studded…

  • Cabinet Notes of January 6, 2021 Meeting

    Cabinet Notes of January 6, 2021 Meeting

    HURST REPORTS ON CABINET of Wednesday January 6 2021 — For the very first time in 2021, the Cabinet was convened; members met both virtually and face-to-face, three members choosing the virtual format. There were no invitees to Cabinet, which is a custom of the Gaston Browne-led administration over the past 6+ years. Three officials…

  • Trevor Young’s resignation letter

    Trevor Young’s resignation letter

    Ms. Shawn Nicholas. General Secretary, United Progressive Party. St. John’s Antigua. Dear Madam Secretary, I penned this resignation letter today on the Sabbath of the Lord thy God captioned “Enough is Enough.” I stayed home today and write this resignation with no trace of malice or ill-will, no grudge, no prejudice and I write particularly…

  • Antigua and Barbuda passport remains strong

    Antigua and Barbuda passport remains strong

    The Antigua and Barbuda passport remains one of the strongest travel documents in the region, according to the latest ranking compiled by the international firm, Henley and Partners. The firm, which specializes in global citizenship, ranked the Antigua and Barbuda passport at number 28 of a total of 191 passports. Only three CARICOM states ranked…

  • Antigua and Barbuda requests delayed sitting for May/June CXC exams

    Antigua and Barbuda requests delayed sitting for May/June CXC exams

    Local education officials have reached out to the Caribbean Examinations Council (CXC) to request a possible delay in the May/June 2021 exams by a month. Director of Education Clare Browne said this is to facilitate the completion of the syllabuses that fifth form students are currently using, and to give educators more time to adequately…

  • Guyana to roll out HIV self-testing

    Guyana to roll out HIV self-testing

    Health Minister Dr. Frank Anthony on Tuesday announced that Guyanese would be allowed to self-test for the Human Immuno-deficiency Virus (HIV) that causes Acquired Immunodeficiency Syndrome (AIDS) and that more at-risk persons would be given preventative drugs. “Another area we want to look at is self-testing. This is relatively new and it has been advocated…

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]