Author: Editor

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    Antigua and Barbuda Festivals Commission Announces POSTPONEMENT of “A Night of Theatre” due to Inclement Weather

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Antigua and Barbuda Festivals Commission (ABFC), in collaboration with the Ministry of Education, Sports, and the Creative Industries, deeply regrets to announce the POSTPONEMENT of “A Night of Theatre” at the University of the West Indies Auditorium, Five Islands…

  • Antigua and Barbuda Festivals Commission Confirms Event Continuation Despite Inclement Weather

    Antigua and Barbuda Festivals Commission Confirms Event Continuation Despite Inclement Weather

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Antigua and Barbuda Festivals Commission (ABFC), in collaboration with the Ministry of Education, Sports, and the Creative Industries, is pleased to announce that all scheduled events for the upcoming weekend will proceed as planned, despite adverse weather conditions affecting…

  • Missing Bendals teen found

    Missing Bendals teen found

    Alicia Grayman, the 17-year-old of Bendals who reportedly went missing on Tuesday has been found. She was located at a home in Villa by the police around 1 p.m. on Saturday, and taken to the police station. Two male persons of interest were also taken into police custody. Further investigations are ongoing into the matter.…

  • Barbados economy grew by more than 4% in nine months of 2023

    Barbados economy grew by more than 4% in nine months of 2023

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group (CMC) – Barbados’ economy expanded by 4.4 per cent in the first nine months of this year, the largest nine month expansion since 2006, excluding the pandemic recovery period,” the Central Bank of Barbados (CBB) reported on Friday. In its…

  • WINAIR welcomes second ATR 42-500 aircraft

    WINAIR welcomes second ATR 42-500 aircraft

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Windward Islands Airways International (WINAIR) has announced the arrival of its second ATR 42-500 aircraft. The new aircraft PJ-WIW arrived at SXM Airport on Friday. From mid-November onwards, Winair will start its winter schedule with two ATR’s. “We are excited…

  • Economic Impact of Plastic Pollution in Antigua and Barbuda, Caribbean

    Economic Impact of Plastic Pollution in Antigua and Barbuda, Caribbean

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group This economic brief shows the estimated impact of marine plastic pollution on fisheries and tourism in Antigua and Barbuda. Marine plastic pollution can generate significant economic costs in the form of gross domestic product (GDP) reductions, estimated at up to…

  • Jessica Samuel, Kacy St. John earn their Associates Degrees from ABHTI

    Jessica Samuel, Kacy St. John earn their Associates Degrees from ABHTI

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group What a Brilliant Duo! The ABHTA extends a huge congratulations to Jessica Samuel and Kacy St. John on successfully completing and earning their Associates Degree from The Antigua & Barbuda Hospitality Training Institute 2023. If you may recall, Jessica and Kacy were both…

  • Team Antigua Island Girls to receive Forerunner Award at the 30th Annual CARAH Awards Gala

    Team Antigua Island Girls to receive Forerunner Award at the 30th Annual CARAH Awards Gala

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Institute of Caribbean Studies (ICS) is elated to unveil Team Antigua Island Girls (TAIGs) as the distinguished honorees of the coveted Forerunner Award at the much-anticipated 30th Annual Caribbean American Heritage (CARAH) Awards Gala. This landmark event will take…

  • ABBA expresses condolences on passing of former national player

    ABBA expresses condolences on passing of former national player

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The Antigua and Barbuda Basketball Association and the basketball fraternity on a whole would like to express condolences to the family and friends of former national player, Wayne ‘Doc’ Harris who passed away on Wednesday. “Losing Doc is a true…

  • Antigua and Barbuda Expresses Concern Over EU Blacklisting and Bullying Accusations

    Antigua and Barbuda Expresses Concern Over EU Blacklisting and Bullying Accusations

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group The European Commission’s recent blacklisting of Antigua and Barbuda, Belize, and the Seychelles as non-cooperative tax jurisdictions has sparked concern in Antigua and Barbuda. Information Minister Melford Nicholas criticized perceived bullying by international bodies, particularly the EU. The EU Council…

  • MISSING TEEN: 17-year-old Alicia Grayman of Bendal

    MISSING TEEN: 17-year-old Alicia Grayman of Bendal

    Get the news delivered directly to your phone. Click here to Join our WhatsApp Group Police and the family of 17-year-old Alicia Grayman of Bendals are asking the public for help in finding her. Alicia was last seen on Tuesday afternoon getting into a black pickup truck in the vicinity of the Sir Lester Bird…

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]