Author: Editor

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  • Government provides update on completion of new cemetery

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    CABINET NOTES: The Minister of Works provided an update at the work being done at the new Tomlinson’s cemetery. A metal fence with cement base is being erected on the Factory Road side. A building to house both equipment and offices will also be constructed, so will a number of bathrooms and a car park. CLICK…

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  • Government offering $75K each to ex-LIAT employees in Antigua

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    CABINT NOTES: The Cabinet then held a discussion on LIAT (2020) Ltd. and the successes made evident by the arrival on Tuesday, April 23, 2024, of two aircraft at the V.C. Bird International Airport, dispatched by Air Peace; they are intended to augment the LIAT (2020) fleet which is likely to have as many as…

  • From Ramp Agent to Captain: Brian Chase, Captain at American Airlines

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    CABINET NOTES: The Cabinet invited the Permanent Representative of Antigua and Barbuda to the United Nations and the Chief Planner for the Small Island Developing States (SIDS4) Conference to its meeting, to report on the progress being made thus far in the preparation for this May 27th to 30th important, international conference. CLICK HERE TO…

  • 2 lawyers, police constable among Queen of Carnival 2024 contestants

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    Ladies and gentlemen, here are your “Extraordinary Seven” delegates for this year’s National Housing and Urban Renewal Company Ltd – Queen of Carnival (Miss Antigua Barbuda) 2024 Competition. A special thank you to our sponsors! Shakkia Carlos Delegate #1 – Miss Arton Capital CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET…

  • Cabinet approves EC$75,000 budget for Barbuda Carnival

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  • Last-minute prep underway at Sir Vivian Richards Stadium for Cricket World Cup

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    CABINET NOTES: The Cabinet received a report from the Junior Minister in the Ministry of Education, Sports and the Creative Industries and from the Executive Chairman of the National Housing on the progress of the Stadium readiness for Cricket World Cup. There is a need to paint the outside of the Sir Vivian Richards Stadium,…

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    CABINET NOTES: The Cabinet then held a discussion on LIAT (2020) Ltd. and the successes made evident by the arrival on Tuesday, April 23, 2024, of two aircraft at the V.C. Bird International Airport, dispatched by Air Peace; they are intended to augment the LIAT (2020) fleet which is likely to have as many as…

  • CABINET NOTES: Thursday, 25th April 2024

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    HURST REPORTS ON CABINET of Thursday 25 April 2024 The Cabinet began its sitting with a customary prayer from a Minister of Religion. 1. The Cabinet then held a discussion on LIAT (2020) Ltd. and the successes made evident by the arrival on Tuesday, April 23, 2024, of two aircraft at the V.C. Bird International…

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]