Day: April 20, 2022

  • A Letter to Joanne Massiah

    A Letter to Joanne Massiah

    Dear Joanne, I am now feeling a sense of relief to see that your team, the DNA, is now out of the political starting block. You have now given me a wider option to choose from. Yesterday, as I prepared myself with abated breath and great anticipation, I was quite impressed with the  high spirit…

  • Rihanna and ASAP Rocky’s Barbados break before SHOCK arrest

    Rihanna and ASAP Rocky’s Barbados break before SHOCK arrest

    Rihanna and her boyfriend A$AP Rocky looked as if they were having the time of their lives on Tuesday as they continued their vacation in her home country of Barbados. The 34-year-old singer–songwriter flaunted her burgeoning baby bump in an eye-catching red ensemble, while the 33-year-old rapper had some fun of his own by going…

  • Kieron Pollard retires from international cricket

    Kieron Pollard retires from international cricket

    West Indies limited-overs captain Kieron Pollard has retired from international cricket, announcing the decision on social media on Wednesday, a day before his IPL franchise Mumbai Indians’ game against Chennai Super Kings. “After careful deliberation I’ve today decided to retire from international cricket,” Pollard said in a video on Instagram. “As is the case of…

  • Op-Ed: Carry Your Own Head On Your Body. Be A Republic

    Op-Ed: Carry Your Own Head On Your Body. Be A Republic

    By James E. Knight Empire’s heir, or vampire’s heir; in our historical experience, they have had the same meaning. A malevolent kidnapper who has sucked our lifeblood without remorse, and has left us to perish, while they enjoy the vitality, the vigor and the absolute luxury that the iniquitous transfusion has made possible. It’s not…

  • A$AP Rocky arrested at LAX after arriving from Barbados

    A$AP Rocky arrested at LAX after arriving from Barbados

    Rapper A$AP Rocky has been arrested for allegedly shooting a man on a Los Angeles street last year. Police detained the performer, real name Rakim Mayers, at Los Angeles International Airport on Wednesday, NBC News reported. He arrived at LAX on a private jet after having just been on holiday with his pregnant girlfriend, Rihanna.…

  • Discover Dominica Authority announces 2022 dates for the eleventh Jazz ‘n Creole Festival

    Discover Dominica Authority announces 2022 dates for the eleventh Jazz ‘n Creole Festival

    Dominica’s Jazz n’ Creole presented by the Ministry of Tourism, International Transport, and Maritime Initiatives and Discover Dominica Authority returns to Cabrits National Park/Fort Shirley in Portsmouth, Sunday, May 1, for the 11th edition after a two-year absence. With a great turnout in the past years and positive feedback, the organizers are excited to be…

  • Sail boat goes missing over Easter

    Sail boat goes missing over Easter

    Alison Sly Adams said: A very sad post – we have come to work today – searched everywhere and it appears we have lost a Hobie 15. We know it was well secured on Saturday evening after Women on Water. With it being Easter, we had only one lesson over the ensuing two days as…

  • 28 new cases of COVID-19 in Antigua

    28 new cases of COVID-19 in Antigua

    The most recent report received by the Ministry of Health, Wellness and the Environment revealed twenty-eight (28) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Saturday 16th April, 2022 at 6pm. One (1) case was recorded on April 14th, twenty-five (25) on April 15th and two (2) on April 16th. One hundred…

  • Netflix aims to curtail password sharing, considers ads

    Netflix aims to curtail password sharing, considers ads

    An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising. Looming changes announced late Tuesday are designed to help Netflix regain momentum lost over the past year. Pandemic-driven lockdowns that drove binge-watching have lifted, while deep-pocketed rivals such as Apple…

  • Pringle promises better treatment of Solid Waste workers and contractors owed for weeks

    Pringle promises better treatment of Solid Waste workers and contractors owed for weeks

    Opposition Leader Jamale Pringle says that National Solid Waste Management Authority workers who are owed weeks’ worth of salary payments will be much better treated under a United Progressive Party (UPP) Administration. At the time, Pringle was highlighting the problems that workers and contracted garbage-collectors have been dealing with over the last several months. He…

  • Prime Minister Browne rejects ‘ghettoized’ housing accusations

    Prime Minister Browne rejects ‘ghettoized’ housing accusations

    Prime Minister Gaston Browne’s detractors, ever hard at work, are now accusing his administration of planning to put low-income families into “ghettoized” housing. This latest attack followed the prime minister’s announcement over the weekend that his government is well into the development stages of a housing initiative that will give individuals making $3,000 or less…

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]