Category: Commentary

  • Makeda Mikael | Thank you CEO, Social Security

    Makeda Mikael | Thank you CEO, Social Security

    By Makeda Mikael The Government owes me a pile of money, and just like them I am very cash short. So the Aviation Minister trying to help, gave me a letter authorizing the Statutory bodies to negotiate off-setting the debts owed by my companies. Of course being local, I don’t seem to qualify for land…

  • Sir Ronald Sanders | After 13 years CARICOM Aligns in Unified Stand for Palestine and Peace

    Sir Ronald Sanders | After 13 years CARICOM Aligns in Unified Stand for Palestine and Peace

    After 13 years, the 14 independent member states of the Caribbean Community (CARICOM) have finally aligned their individual positions on recognizing Palestine as a State. CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP As of May 7, 2024, all 14 CARICOM states now recognize Palestine as a…

  • Our country’s aging dilemma

    Our country’s aging dilemma

    CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP By Audley Phillip The wide scale abandonment of the elderly at the hospital is a reflection of how society at large views the elderly. This is a cultural problem. Abandoned patients are usually those with dementia, a costly, complex,…

  • Reversing the triangular trade – Antigua – Nigeria airline

    Reversing the triangular trade – Antigua – Nigeria airline

    BY AVIATOR Fifty years ago three individuals, Dr. Vincent Richards (Antigua), Makeda Mikael (Antigua) and Dr. George Huggins with the support of UNDP tried to link the Caribbean to West Africa, through Nigeria, Antigua & Trinidad. Caribbean-West African Tourism/Trade Exchange between the three island was expected to draw in the region. Today we anxiously await…

  • Definition of The Church

    Definition of The Church

    The Ethiopian Orthodox Tewahedo Church celebrates Easter Sunday May 5 BY His Holiness Abuna Yesehaq The mission of the church is to restore people to unity with God and with each other. In the course of its work, the church is not kept alive by the purity of its dogma and tradition, which alone, cannot…

  • Sir Ronald Sanders | Examining Newsweek reporting on China’s Presence in Antigua and Barbuda

    Sir Ronald Sanders | Examining Newsweek reporting on China’s Presence in Antigua and Barbuda

    Is it ever justifiable for journalism to fan the flames of geopolitical tension? This question arises after reading Didi Kirsten Tatlow’s recent Newsweek article, which paints a distorted picture of Chinese involvement in Antigua and Barbuda. CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE TO GET ON THE ABN WHATSAPP The article, published…

  • Rent Officer Consumer Affairs MISSING IN ACTION

    Rent Officer Consumer Affairs MISSING IN ACTION

    By Antiguan protecting Antiguan property Local property owners are left up to fight for their rights, even though the law provides for their protection at the same time it established, that tenants’ rights are protected in the laws that govern the Price and Consumer Division. This failure to implement the law by engaging the rent…

  • LETTER: Government contempt for locals

    LETTER: Government contempt for locals

    DEAR EDITOR: The Government owes everybody, they have robbed the Statutory bodies of their operational funds, and ripped off all funds remaining in all accounts in order to service their many errors, like Alfa Nero and their failures in keeping staff in clean government buildings. CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE…

  • Harnessing the Talents of the Extended Family to Create a Business and Build Generational Wealth

    Harnessing the Talents of the Extended Family to Create a Business and Build Generational Wealth

    PHOTO CAPTION — Sibling attorneys: Marcus Jarvis and Delacy Jarvis-Thomas Mixing family and business is a delicate balance that can be tricky to navigate. But Antiguan-born attorney Marcus Jarvis and his sister Delacy Jarvis-Thomas, two of four sibling attorneys in the family, have demonstrated that family can work together despite challenging circumstances. CLICK HERE TO…

  • Philip Ayoung-Chee | Save West Indies Cricket

    Philip Ayoung-Chee | Save West Indies Cricket

    Over the last five years and more, West Indies cricket has been in a slump. Small flickers of hope present themselves with many fanfares, only to be followed by dismal failure. It is quite apparent that the present administrators seem to have no solution to the problem. CLICK HERE TO GET ON THE ABN WHATSAPP…

  • Reversing the tourism low-season

    Reversing the tourism low-season

    By Cdr. Bud Slabbaert Seasonality is a reality in the tourism industry in the Caribbean, bringing less demand and lower revenues. The low-season calls for a diversification strategy targeting a different customer segment than the traditional vacationing tourists to drive the business activities and sales. CLICK HERE TO GET ON THE ABN WHATSAPP CLICK HERE…

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]