Day: March 21, 2021

  • South Africa sells its AstraZeneca vaccine doses

    South Africa sells its AstraZeneca vaccine doses

    South Africa has sold a million doses of the AstraZeneca coronavirus vaccine for distribution in 14 fellow African nations, the health minister announced Sunday. South Africa last month suspended its vaccination programme, which had started with AstraZeneca jabs, after doubts were raised over that vaccine’s efficacy against a local variant of COVID-19. Pretoria instead announced…

  • UK Caribbean Forum recognises the challenges facing the region

    UK Caribbean Forum recognises the challenges facing the region

    On Thursday, March 18, E. P. Chet Greene joined other Foreign Ministers from CARICOM countries, Cuba and the Dominican Republic, and ministerial counterparts from the UK at the Tenth UK Caribbean Forum, the first to take place in a virtual space. Also attending were the Premiers of the British Overseas Territories in the Caribbean and…

  • Deadline Extended – Call for loan applications for low interest climate change loans in the McKinnons area

    Deadline Extended – Call for loan applications for low interest climate change loans in the McKinnons area

    The Department of Environment and the Sustainable Island Resource Framework (SIRF) Fund is extending the application period for persons within the McKinnons watershed area to apply for the Revolving Fund Programme for Adaptation in Buildings Loans. This loan programme will provide small loans of up to EC $200,000 at a rate of 2% interest per…

  • UWI centre predicts influx of sargassum

    UWI centre predicts influx of sargassum

    Some islands in the Eastern Caribbean were told to brace for a moderate to severe influx of Sargassum seaweed in the coming months This is according to the March 2021 Sargassum Sub-Regional Outlook Bulletin published by the UWI Centre for Resource Management and Environment Studies, Cave Hill, Barbados. According to the report, the level of…

  • CCRIF now invites applications for its postgraduate scholarship programme

    CCRIF now invites applications for its postgraduate scholarship programme

    CCRIF SPC now invites applications for scholarships under the CCRIF Scholarship Programme. These scholarships are open to Caribbean nationals who intend to pursue postgraduate studies at the master’s level in areas such as Disaster Risk Financing, Disaster Risk Management (DRM), Risk Management and Modelling, Climate Change/Climate Studies, Civil with Environmental/Climate Engineering, Actuarial Science, Meteorology, or…

  • Donald Trump returning to social media in 2-to-3 months with own platform: aide

    Donald Trump returning to social media in 2-to-3 months with own platform: aide

    Former President Donald Trump will return to social media within the next few months — and with his own service, his top adviser said Sunday. Jason Miller told Fox News’ ”Media Buzz” that the former president will be back in two to three months, and will launch a new platform that he claimed would “completely…

  • Wehner alleges same-sex marriages and other immoral acts among YIDA plans for Crump Island

    Wehner alleges same-sex marriages and other immoral acts among YIDA plans for Crump Island

    REAL NEWS: George Wehner, the United Progressive Party (UPP) Mobilization Officer, says Chinese investor Yida Zhang has plans to develop Crump Island and rename it. According to information he has sourced, Wehner says the developer is requesting that the Government change the name of the island, which will be used by the investor as his…

  • No law will be passed to mandate COVID vaccine’s use

    No law will be passed to mandate COVID vaccine’s use

    The Cabinet reiterated its policy regarding vaccine usage: No mandatory use of vaccines (ILO Recommendation). No law is to be passed to mandate the vaccines’ use. If the employee contracts the disease at the workplace, then the liability is the employer’s. If the employee contracts the disease outside the workplace, it becomes the responsibility of…

  • Family seeking £15K to fund Kendra Beazer’s legal defense

    Family seeking £15K to fund Kendra Beazer’s legal defense

    Kendra Beazer’s family is seeking the public’s help to raise money to assist the Barbuda Council member, who was arrested in the United States on March 7.  Sonia Beazer created a GoFundMe page on Friday, intending to raise £15,000. She said the family was appealing to Kendra’s “friends and supporters to help raise funds to assist…

  • ECCB’s digital currency set for public roll-out this month end

    ECCB’s digital currency set for public roll-out this month end

    The Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine says the public roll-out of DCash, the ECCB’s digital currency will commence on March 31. In his official announcement, Governor Antoine emphasises that DCash is safer, faster and cheaper and encourages all to get on board.  “The future of the EC Dollar…

  • Sprinter Cejhae Greene becomes first Antiguan to Qualify for Tokyo Olympics

    Sprinter Cejhae Greene becomes first Antiguan to Qualify for Tokyo Olympics

    National sprinter, Cejhae Greene, has hit the qualifying mark for this year’s Olympic Games slated for July 23 to August 8 in Tokyo, Japan. In his first outdoor race of the season, Greene clocked 10.01 seconds in his round two, heat one contest at the Tropical Park Sprint Series held in Miami, Florida on Saturday…

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]