Antigua Breaking News

Day: August 1, 2022

  • Record-breaking McCoy helps West Indies level series

    Record-breaking McCoy helps West Indies level series

    (AFP)— A record-breaking six-wicket haul by Obed McCoy paved the way for a nervy series-levelling five-wicket win for the West Indies over India in the second T20 International of the five-match series at Warner Park in St Kitts on Monday. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Comfortable winners of the opening…

  • No rift in party, says Dr Denzil Douglas

    No rift in party, says Dr Denzil Douglas

    Former prime minister Dr Denzil Douglas has rubbished reports of a rift within the leadership of the main opposition St Kitts-Nevis Labour Party (SKNLP) ahead of the August 5 poll, saying he is in full support of the leader, Dr Terrance Drew. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. “We went through…

  • National Hurricane Center monitoring tropical waves in the Caribbean and Atlantic

    National Hurricane Center monitoring tropical waves in the Caribbean and Atlantic

    As the United States enters the third month of hurricane season, the National Hurricane Center (NHC) is monitoring four active tropical waves on Monday in the Caribbean and Atlantic oceans. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. For the next five days, the NHC does not expect new tropical cyclones to form.…

  • Power Play!: The secret deal with Harris, SKELEC and Leclanché

    Power Play!: The secret deal with Harris, SKELEC and Leclanché

    By ABN Correspondent St. Kitts & Nevis is experiencing a serious power problem; both in terms of a “power” generation capability for electricity and the exercise of power in political governance. Now, the big quation is not “if”, but “how much” of taxpayers’ dollars have been funnelled away by this administration, under the guise of…

  • Sprat offered up to lull populace into comfort zone of premature resolution

    Sprat offered up to lull populace into comfort zone of premature resolution

    DEAR EDITOR: Regarding your article — Fraud-accused trio in customs racket set for court on Wednesday — I hope this kung Fu can be seen as just that. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. This bone that we have been thrown, is nothing but an attempt to exonerate the primus inter…

  • Fraud-accused trio in customs racket set for court on Wednesday

    Fraud-accused trio in customs racket set for court on Wednesday

    ABS: Customs officer Joezine Christian and customs brokers Rowan Matthew and Foster George are to be taken before the court on Wednesday of this week on fraud charges. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The trio are spending the long holiday weekend in lock-up after being jointly charged last week with…

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]