Day: January 16, 2021

  • Active COVID-19 cases up to 27 as 2 more are recorded in Antigua

    Active COVID-19 cases up to 27 as 2 more are recorded in Antigua

    Prime Minister Gaston Browne has announced that active cases of COVID-19 have climbed to 27 in Antigua and Barbuda with two new cases confirmed today. The two cases confirmed today are in addition to the three new cases revealed by the Health Ministry’s dashboard as at Thursday, Jan. 14 at 6 pm. Prime Minister Browne…

  • UPP says Throne Speech proves Gaston Browne Administration is bankrupt of vision and ideas

    UPP says Throne Speech proves Gaston Browne Administration is bankrupt of vision and ideas

    The United Progressive Party (UPP) expresses its grave disappointment and deep concerns having heard and read the Throne Speech delivered yesterday, January 15, 2021. It is the political obligation of a sitting Administration to advise the Nation of its plans and programmes for any new year. But at a time of such economic and social…

  • Meet Neville Henry — Antigua’s newest centenarian

    Meet Neville Henry — Antigua’s newest centenarian

    “One Hundred years of living-the years of existence for Mr. Neville Henry” Neville Henry was born January 16th, 1921 to Sophie Jonas in the Village of Cedar Grove.  Neville was one of 12 children of which six (6) were Sophie’s -Arthur, Fergurson, Neville, Theodore, Eunice and Elfrieda. Only 3 of the children are still alive…

  • Former WI captain Sammy inks perfume deal

    Former WI captain Sammy inks perfume deal

    Former captain of the West Indies Cricket team Darren Sammy and the first and only captain in history to win the T20 World Cup championship twice has signed a new licensing agreement with Asgharali, a family-owned business based in Bahrain creating high-quality fragrances since 1919. Asgharali has won the hearts of consumers worldwide and laid…

  • CAS workers awaiting millions in severance

    CAS workers awaiting millions in severance

    SOURCE: Observer Media — Upwards of 60 people who were once employed by the Caribbean Airport Services (CAS) are waiting to receive more than EC$2 million in severance payment. The Deputy General Secretary of the union representing these workers – the Antigua Barbuda Workers’ Union (ABWU) – said they have been in dialogue with the…

  • Active cases up to 25 as Antigua logs 3 new cases of COVID-19

    Active cases up to 25 as Antigua logs 3 new cases of COVID-19

    The most recent reports received by the Ministry of Health, Wellness and the Environment from the Mount St. John’s Medical Center (MSJMC) and the Caribbean Public Health Agency (CARPHA) have revealed three new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Thursday 14th January 2021 at 6pm. Subsequent to the publication 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]