Author: Editor

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    Man ordered to pay $10,000 to robbery victim

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    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Jamaica Gleaner) — The public’s help is being sought by the police to locate a woman in the Danielle Rowe murder probe. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. An image of the woman was developed using an Electronic Facial Identification technique. …

  • Alfa Nero superyacht to be auctioned this Friday

    Alfa Nero superyacht to be auctioned this Friday

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The long-awaited auction of the Alfa Nero superyacht is scheduled to be executed this Friday, June 16. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Confirmation comes from Port Manager Darwin Telemaque who says several bidders will be involved in the process. They…

  • BREAKING: Jafari Isaac Dies

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  • Man says Rum led him to smash man’s car

    Man says Rum led him to smash man’s car

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (OBSERVER Newsco): “Me mussa min have in me rum,” a man told the court yesterday as he explained why he destroyed a man’s car last week. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. On the afternoon of June 7, Daniel Joseph was…

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    Millions lack sense of smell, taste years after COVID infection

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. For millions of people, the COVID-19 pandemic is far from over. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Roughly one in four people who were sick with COVID-19 during the early days of the pandemic have yet to regain their sense of…

  • Chinese Embassy in Antigua and Barbuda hosts event to commemorate International Children’s Day

    Chinese Embassy in Antigua and Barbuda hosts event to commemorate International Children’s Day

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. To commemorate International Children’s Day this year, the Chinese Embassy in Antigua and Barbuda hosted an event which students and children from several local primary and secondary schools as well as diplomatic corps participated. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Zhang…

  • 3 dead, thousands displaced following Cuba storms

    3 dead, thousands displaced following Cuba storms

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (AFP) – Three people have died and thousands have been evacuated after heavy rains pummeled eastern and central Cuba in recent days, authorities said Monday. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Heavy rains that started Thursday had subsided by Monday evening,…

  • High Court allows Alfa Nero sale to proceed – but owners granted permission to challenge Port Authority’s actions

    High Court allows Alfa Nero sale to proceed – but owners granted permission to challenge Port Authority’s actions

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (Observer Newsco) — A High Court judge in Antigua and Barbuda has allowed two applicants to file for judicial review challenging the Port Authority’s decision to sell the Alfa Nero. However, the same judgment gives the green light for the sale of the superyacht to…

  • Akaash Maharaj: Inquiry needed to bring justice to locals and Africans; Admission of ‘duping’ indicts decision- makers

    Akaash Maharaj: Inquiry needed to bring justice to locals and Africans; Admission of ‘duping’ indicts decision- makers

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (REAL News) — Akaash Maharaj, a member of the Global Organization of Parliamentarians Against Corruption (GOPAC) says that a public inquiry into the Antigua Airways/African migrant-smuggling saga is necessary in order to bring democratic justice to the people of Antigua and Barbuda. CLICK HERE TO…

  • Pat Sajak announces ‘Wheel of Fortune’ retirement

    Pat Sajak announces ‘Wheel of Fortune’ retirement

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. (AP) — Pat Sajak is taking one last spin on “Wheel of Fortune,” announcing Monday that its upcoming season will be his last as host. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Sajak announced his retirement from the venerable game show in…

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]