Category: Regional News

  • Baby thrown to death from apartment balcony in St. Vincent

    Baby thrown to death from apartment balcony in St. Vincent

    Officials in St Vincent are investigating the death of a six-month-old infant after the child was allegedly thrown from a multi-storey apartment building. A relative of the infant is said to have committed the act. The child’s mother found the baby motionless on the concrete pavement of the building located in Belair. A video on…

  • CARPHA stays alert even as pandemic wanes

    CARPHA stays alert even as pandemic wanes

    The Caribbean region was blessed with countless lives saved during the deadly COVID pandemic by the dedicated action of the Caribbean Public Health Agency (CARPHA) and numerous public and private sector and inter-governmental partners. Health challenges such as the novel coronavirus are not easy. To overcome them requires teams of experts working together to contribute…

  • ‘Unnu Daddy Rich!’ – Super Lotto Winner Claims $542.5M Jackpot

    ‘Unnu Daddy Rich!’ – Super Lotto Winner Claims $542.5M Jackpot

    One lucky Supreme Ventures Limited customer in Jamaica has made history by winning the biggest Super Lotto jackpot ever! One month after it was announced that one lucky winner had hit the historic jackpot, the suspense has finally ended as an overjoyed A. Fraser has claimed his massive winnings of $542.5 Million. “I heard someone…

  • No same-sex marriage to be sanctioned locally, says Jamaica’s Justice Minister

    No same-sex marriage to be sanctioned locally, says Jamaica’s Justice Minister

    (Loop News) — Justice Minister Delroy Chuck has moved to clear the air on the issue of same-sex marriage in Jamaica, declaring that the Government does not, and has no intention of supporting the practice. Chuck spoke to the issue on Tuesday during his contribution to the 2023-2024 Sectoral Debate in the House of Representatives,…

  • Well-known Grenadian broadcaster and journalist Odette Campbell dies

    Well-known Grenadian broadcaster and journalist Odette Campbell dies

    Well-known Grenadian broadcaster and journalist Odette Campbell has died. Campbell was the Managing Director of the Grenadian Broadcasting Network (GBN). Campbell died Monday night in the United States where she went for medical attention, after a period of prolonged illness. In a statement on Tuesday GBN said Odette made a significant impact, not only in…

  • In 75 years The UWI’s Reputation has never been higher

    In 75 years The UWI’s Reputation has never been higher

    Annually, the business meeting of The University of the West Indies’ highest governing body, the University Council, provides an opportunity for reflection and planning forward. This opportunity was amplified at the meeting of the University Council on Wednesday April 26, as The UWI celebrates its 75th Diamond jubilee anniversary (1948-2023). Delivering the feature presentation, Vice-Chancellor…

  • American Airlines pilots authorize a strike mandate

    American Airlines pilots authorize a strike mandate

    North American pilots took fresh steps on Monday to press for workforce gains, with American Airlines Group Inc (AAL.O) pilots backing a strike mandate and Air Canada (AC.TO) pilots supporting a merger with a larger union. American Airlines pilots approved the mandate ahead of the busy summer travel season to further pressure the Texas-based carrier…

  • Teens drown in separate incidents in Guyana

    Teens drown in separate incidents in Guyana

    (Loop News) — A day of fun turned out to be one of tragedy for two families in Guyana when their teenage sons drowned in separate incidents. Nathaniel Nelson, a 14-year-old Line Path Secondary School student, allegedly drowned at about 07:30 am on Sunday at Orealla Village on the Corentyne River. The Guyana Police Force…

  • One dead as violence mars St Thomas Carnival

    One dead as violence mars St Thomas Carnival

    (Loop News) — This weekend’s Carnival festivities on St Thomas, US Virgin Islands were briefly disrupted by a stabbing and shooting. According to the Virgin Islands Police Department (VIPD), gunshots were heard in the area of Norre Gade, in the vicinity of the Frederick Lutheran Church, at approximately 8:37 pm on April 29. Cops responded…

  • Grenada’s former ambassador removed as CBI marketing agent

    Grenada’s former ambassador removed as CBI marketing agent

    (CMC) — Grenada’s former Ambassador to the Russian Federation, Oleg Firer, has been removed from the list of international marketing agents licensed to conduct business on behalf of the island’s Citizenship by Investment Programme. “The Grenada Citizenship by Investment Committee advises that Oleg Firer is not a licensed Marketing Agent, nor a registered sub-agent of…

  • US Coast Guard repatriates 82 Cuban migrants

    US Coast Guard repatriates 82 Cuban migrants

    (CMC) – The United States Coast Guard says it recently repatriated 82 people to Cuba following interdictions off Florida’s coast. The US Coast Guard on Friday said a ‘good samaritan’ notified Coast Guard District Seven watchstanders of a migrant vessel about 45 miles south of Marathon, Florida. It also said Coast Guard Cutter Edgar Culbertson’s…

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]