Day: March 27, 2023

  • Trinidad man robbed of $5.00 by 3 men

    Trinidad man robbed of $5.00 by 3 men

    Trinidad’s Central Division police arrested two men from Calcutta No 2 in Freeport after a 41-year-old resident accused them of robbing him of $5, cigarettes, and his cell phone. The victim, Sanjeev Ramlakhan, reported he was walking in Calcutta No 2, Freeport, at around 11.30 pm on Saturday when three men accosted him and announced…

  • Statement by the Government of Antigua and Barbuda regarding the Alfa Nero

    Statement by the Government of Antigua and Barbuda regarding the Alfa Nero

    Regarding the current ownership of the Superyacht, Alfa Nero, which has been abandoned in Falmouth Harbour for several months, leaving its crew unpaid and numerous bills unsettled, international law enforcement agencies have advised the Government that the beneficial owner of the vessel is the Russian Oligarch, Andrey Grigoryevich Guryev and his daughter, Yulia Guryeva-Motlokhov. The…

  • Honoured member of English Harbour community Lisa Nicholson dies

    Honoured member of English Harbour community Lisa Nicholson dies

    Lisa Nicholson – Brief Bio Prepared by the Family Honoured member of the English Harbour community Lisa Nicholson passed away peacefully at home on the 20th of March 2023 surrounded by loved ones. Lisa was born in Manhattan, New York in June of 1934 to Roxana and Edward  Dodd. She was raised in Cornwall, Connecticut…

  • DCA calls for Five Islands property owner to come in and remedy breaches of the law or risk demolition of his building

    DCA calls for Five Islands property owner to come in and remedy breaches of the law or risk demolition of his building

    A Cooks New Extension resident risks his property being demolished by the Development Control Authority (DCA) if he fails to abide by regulations. Reportedly, he is in breach of the Physical Planning Act and is being warned to take steps to remedy the offense. The DCA says it has scheduled demolition of the property for…

  • LETTER: UPP has no authority to speak about the water crisis that the nation is experiencing

    LETTER: UPP has no authority to speak about the water crisis that the nation is experiencing

    DEAR EDITOR: Listening or watching parliamentary debates is certainly not a hobby of mine. However, because of the hype & the outcome of our 2023 general election, the budget debate especially with the youths in the senate, this time around, peeked my interest. From my vantage point, I found that the senators who are aligned…

  • Man from Moscow now claiming ownership of the Alfa Nero: reports

    Man from Moscow now claiming ownership of the Alfa Nero: reports

    LUXURY LAUNCHES: Russian billionaire Andrey Guryev’s seized $120 million superyacht Alfa Nero is currently embroiled in a lot of legal back and forth. The gorgeous 279 feet long vessel has been aimlessly led for over a year with no clear destination in sight. First, the owners turned off the location transponders on the ship in…

  • The UWI’s Tribute to Professor Sir Howard Fergus

    The UWI’s Tribute to Professor Sir Howard Fergus

    The people of Montserrat and The UWI Community mourn the loss of Professor Sir Howard Fergus, KBE, BA, PhD UWI; MEd Manc; Cert Ed who transitioned on Thursday, March 23. Sir Howard was a lifelong educator as well as an accomplished poet, historian, and writer.  He attended Erdiston Teachers College in Barbados from 1957-1959 and…

  • Former government minister released from US prison, returns to Barbados

    Former government minister released from US prison, returns to Barbados

    Former Government Minister Donville Inniss who was convicted of money laundering in the United States of America, returned home late Saturday after spending two years in prison. The 57-year-old former St James South Member of Parliament, who resided in Tampa, Florida, was convicted in January 2020 after a one-week trial on one count of conspiracy…

  • CIU denies that PM Browne gave directions to hastily accept Russians for citizenship

    CIU denies that PM Browne gave directions to hastily accept Russians for citizenship

    The Citizenship by Investment Unit (CIU)  rejects completely the untruthful report in the online portal, Real News Antigua, which claims that the Unit has been instructed by Prime Minister Gaston Browne “to proceed with haste, regardless of the state of the due diligence process” to approve Russian applications for Citizenship. Real News Antigua attributes this…

  • Royal Drawing School Course Successful

    Royal Drawing School Course Successful

    The Royal Drawing School (United Kingdom) recently executed a six-week training course for 15 art teachers across the nation. The project was initiated and managed by the Halo Foundation, in partnership with the Jumby Bay Fund, the Ministry of Education, Sport and Creative Industries, and the Workshop Studio Art Gallery in English Harbour. In his…

  • Reward Increases to $25K for information on Kevin Millett

    Reward Increases to $25K for information on Kevin Millett

    The reward for information to finding a missing teen has now increased to $25,000. There’s still no information about the whereabouts of Kevin Millett of Grays Farm who was reported missing over a week now and the anxiety and concern among his family keep growing. Several search parties have been combed through several villages but…

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]