Category: Local News

  • Antigua goes high-tech with garbage collection

    Antigua goes high-tech with garbage collection

    Efforts by the Government to crack down on litter and illegal dumping in the city is ongoing. The Ministry of the Environment on Sunday installed more than 80 garbage bins in and around the city. Environmental Minister Molwyn Joseph said the traditional plastic drums as garbage bins became an eyesore, especially for visitors. “Before we…

  • Caribbean Banking Professionals to receive social media training

    Caribbean Banking Professionals to receive social media training

    A total of 22 participants from 12 organisations in six different territories are taking part in a training session hosted by the Caribbean Association of Banks (CAB) Inc. The two-day workshop, entitled Social Selling Re-Invented, will prepare participants to more effectively connect with potential clients via social media, and to more readily use Web 2.0…

  • Lions assist family travel to Cuba

    Lions assist family travel to Cuba

    Jaden Lovell is a two year old child who was born with Infantile spasm.  At the age of two he is unable to speak, walk, crawl or even hold his head in an upright position.  He is probably the size of a 1 year old. His mother Shana Hazelwood was encouraged to reach out to…

  • PM Browne shares testimony of growing up in ‘abject poverty’

    PM Browne shares testimony of growing up in ‘abject poverty’

    Prime Minister Gaston Browne has shared the following testimony on the social media site Facebook. Below is the full unedited text of the Prime Minister’s testimony: Mommy in black dress, (Sunday best) sitting on the steps of our derelict home in Point. We had no electricity. Got water from the government standpipe, had no furnishings,…

  • CRICKET – Pybus HPC approach was “deeply troubling”: Sir Hilary

    CRICKET – Pybus HPC approach was “deeply troubling”: Sir Hilary

    CMC – UWI Vice-chancellor, Professor Sir Hilary Beckles has described interim West Indies head coach, Richard Pybus’ perception of the now defunct high performance centre as “deeply troubling”, and says the Englishman failed to understand what was required to develop the modern West Indies player. Sir Hilary, a leading regional academic who has written prolifically…

  • Girl, 4, dies in freak accident

    Girl, 4, dies in freak accident

    A Grays Farm family is in mourning after a four-year-old child died tragically at home Saturday morning. Ajay Johnson was alone in her father’s bus and jumped out after releasing the handbrake causing the vehicle to roll, crushing her. As news of the accident spreads throughout the country, Prime Minister Gaston Browne expressed sadness over…

  • Guest Editorial: Time to address LIAT situation

    Guest Editorial: Time to address LIAT situation

    The cost of regional transportation has again taken centre stage in recent times, particularly with the challenges that continue to face regional carrier LIAT, and the decision by the Caricom Heads of Government to push more for the free movement of goods and people across the 15-member grouping. But if we are to truly fast…

  • Government holding second round of talks with Carnival Cruise Lines

    Government holding second round of talks with Carnival Cruise Lines

    Tourism and Investment Minister, Henry Charles “Max” Fernandez, is leading a delegation to Miami for talks with Carnival Cruise Line after the US-based company cancelled several scheduled calls to the island. Information Minister Melford Nicholas said that no statement would be issued regarding the talks, the second to be held since last month’s productive and…

  • Brace for ‘slightly below normal activity’ 2019 hurricane season

    Brace for ‘slightly below normal activity’ 2019 hurricane season

    The continuation of the weakness of the El Nino phenomenon is being given as the main reason for the prediction that the 2019 hurricane season which begins in June to be slightly below normal activity. Colorado State University, regarded as one of the leading seasonal hurricane forecasters, says the hurricane season will have 13 named…

  • More than 1M children to need basic services due to Venezuela crisis – UNICEF

    More than 1M children to need basic services due to Venezuela crisis – UNICEF

    More than one million children will require access to basic services this year because of the ongoing crisis in Venezuela, the United Nations International Children’s Emergency Fund (UNICEF) said in a press release on Friday. “As a result of the Venezuela migrant crisis, an estimated 1.1 million children – including children uprooted from Venezuela, as…

  • Belize: Put the national interest first

    Belize: Put the national interest first

    By Sir Ronald Sanders (The writer is Ambassador of Antigua and Barbuda to the United States and the Organisation of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and at Massey College in the University of Toronto.  The views expressed are entirely his own) Narrow party-political…

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]