Author: Editor

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    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The police have arrested and charged Dexter Scotland of Willikies in connection with the alleged murder of Jahfari Isaac, also of Willikies. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Isaac died at the hospital on Tuesday 13 June, following a shooting incident…

  • US: Southern Baptists vote to expel two churches led by female pastors

    US: Southern Baptists vote to expel two churches led by female pastors

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Southern Baptist Convention announced Wednesday it has voted overwhelmingly to finalize the expulsion of two churches from the nation’s largest Protestant denomination for having female pastors. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. And the vote wasn’t even close, according to…

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    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. St Kitts and Nevis Prime Minister Dr. Terrance Drew will assume chairmanship of the Organization of Eastern Caribbean States (OECS) when the OECS Authority holds its 73rd meeting in Saint Kitts and Nevis. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The incoming…

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    LETTER: Does Kelvin Shuggy Simon really stand a chance?

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Interestingly, The first line of our national anthem which  begins with  ” Fair Antigua & Barbuda where land & sea makes beauty ” certainly depicts a true impression of our nation’s landscape. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. However,  according to…

  • Antigua and Barbuda Bar Association annouces death of retired Judge

    Antigua and Barbuda Bar Association annouces death of retired Judge

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The family of Her Ladyship, The Honorable Justice Clare Henry wish to share that she died peacefully on June 8 in Rockville Maryland, after a short period of illness. The Hon. Justice Henry served the legal fraternity for over 40 years, beginning her career in…

  • Noah Hurst, Last Seen on May 23

    Noah Hurst, Last Seen on May 23

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Maria Hurst, a distraught mother, pleads for help in finding her missing son, Noah Hurst, who was last seen on May 23. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Despite futile searches, Maria desperately asks the public to come forward if they…

  • Antigua & Barbuda Eyes Glorious Gold Cup Debut, Ready to Leave Their Mark

    Antigua & Barbuda Eyes Glorious Gold Cup Debut, Ready to Leave Their Mark

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (CONCACAF) – Antigua and Barbuda will be looking to shine bright in their first ever Concacaf Gold Cup, making them one of five teams to debut in the 2023 edition. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The Benna Boys finished with…

  • Former Employee Faces Serious Charges in Car Dealership Scam Case

    Former Employee Faces Serious Charges in Car Dealership Scam Case

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Observer Newsco) — The High Court has scheduled a car dealership scam case to be heard in September. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The case revolves around allegations of fraud against Dylan Simon, a former employee of Hadeed Motors. The…

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    Tyler Perry to take control of BET – reports

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  • Antigua records 2nd homicide for 2023

    Antigua records 2nd homicide for 2023

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Loop Caribbean) —  In less than a month another individual has been fatally shot in Antigua bringing the country’s murder toll for the year to two. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A Willikies man died Tuesday after fighting for his…

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]