Day: July 1, 2021

  • St. Kitts and Nevis records 11 more cases of COVID-19

    St. Kitts and Nevis records 11 more cases of COVID-19

    The Ministry of Health’s robust contact tracing continues to identify new cases of COVID-19 with 11 positive results within the last 24 hours and 22 persons fully recovered. St. Kitts & Nevis COVID-19 Situation Report No. 462 as of Thursday, July 01 states that the total number of confirmed cases now stands at 457 with…

  • Crystal Cancels Antigua/St. Maarten Cruises on Symphony

    Crystal Cancels Antigua/St. Maarten Cruises on Symphony

    Crystal Cruises canceled voyages on the Crystal Symphony from St. Maarten and Antigua “due to ongoing uncertainty regarding ports of call and availability of adequate airlift,” the company said in a statement on its website. The cruises were to operate starting Aug. 2 through December. “However, the recent positive developments of ships sailing from U.S.…

  • Tropical Storm Elsa – 5 p.m. update

    Tropical Storm Elsa – 5 p.m. update

    SUMMARY OF 500 PM AST…2100 UTC…INFORMATION LOCATION…11.2N 53.8W ABOUT 410 MI…660 KM ESE OF BARBADOS ABOUT 520 MI…835 KM ESE OF ST. VINCENT MAXIMUM SUSTAINED WINDS…45 MPH…75 KM/H P RESENT MOVEMENT…WNW OR 285 DEGREES AT 29 MPH…46 KM/H MINIMUM CENTRAL PRESSURE…1005 MB…29.68 INCHES WATCHES AND WARNINGS A Tropical Storm Watch is in effect for the…

  • IMF approves disbursement of US$11.6M for St. Vincent to address fallout from volcanic eruption

    IMF approves disbursement of US$11.6M for St. Vincent to address fallout from volcanic eruption

    The Executive Board of the International Monetary Fund (IMF) approved today a disbursement to St. Vincent and the Grenadines following its request under the Large Natural Disaster Window (LNDW) of the Rapid Credit Facility (RCF) for SDR 8,172,450 (US$11.6 million). The RCF will help cover its balance of payment and fiscal needs stemming from the…

  • LIAT cancels some services as Tropical Storm approaches

    LIAT cancels some services as Tropical Storm approaches
  • 1 new case of COVID-19 in Antigua

    1 new case of COVID-19 in Antigua

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Sir Lester Bird Mount St. John Medical Centre has revealed one new laboratory confirmed COVID-19 case in Antigua and Barbuda as of Tuesday 29th June 2021 at 6pm. This new case has since left Antigua and Barbuda and is…

  • Bill Cosby Freed

    Bill Cosby Freed

    By Makeda Mikael Many years ago when black men in film and in Hollywood were a rarity, two dashingly handsome and confident black men swaggered on to the scene and commanded the attention of all America as strong, good men, desired by all women. In no time flat Bill Cosby and Harry Belafonte became more…

  • CABINET NOTES of June 30, 2021

    CABINET NOTES of June 30, 2021

    The Cabinet met both face-to-face and virtually, all members present. 1. The Cabinet held a long and intense discussion regarding several issues bearing on Covid-19: the Florida rule regarding allowing non-vaccinated people to board cruise ships bound for the Caribbean; the new, more transmissible Delta strain of the virus; the current dashboard which attests to…

  • Tropical Storm Elsa forms

    Tropical Storm Elsa forms

    The Meteorological Service of Barbados has issued a Tropical Storm Warning for St. Vincent and the Grenadines. SUMMARY OF WATCHES AND WARNINGS IN EFFECT: A Tropical Storm Warning is in effect for… * Barbados * Martinique * St. Lucia * St. Vincent and the Grenadines A Tropical Storm Watch is in effect for… * Guadeloupe…

  • Phillip charged in gas station attempted robbery

    Phillip charged in gas station attempted robbery

    Police have charged 23-year-old Shadesha Phillip of Grays Farm in connection with the alleged attempted robbery of Golden Grove Service Station. Phillip is one of two assailants who allegedly attempted to rob a female pump attendant on Thursday 24th June. The police responded to the report and were fired upon. During the exchange of fire…

  • SVG forced to give away over 35,000 COVID-19 vaccines

    SVG forced to give away over 35,000 COVID-19 vaccines

    SEARCHLIGHT: The number of first doses of the remaining AstraZeneca vaccines from the COVAX facility is getting smaller every day as St Vincent and the Grenadines (SVG) continues to have to give away vaccines. SVG has, from different batches, given away a total of 35,500 vaccines. Five thousand to Grenada, 5000 to St Lucia, and…

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]