Category: Regional News

  • 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…

  • Permanent Secretary in Ministry of Home Affairs in Guyana admits US visa revoked

    Permanent Secretary in Ministry of Home Affairs in Guyana admits US visa revoked

    (CMC) — Permanent Secretary in the Ministry of Home Affairs in Guyana Mae Touissant Jnr. Thomas has confirmed that her United States visa has been revoked. Breaking her silence on the controversy surrounding the confiscation of her government-issued phone by US officials at Miami International Airport on April 8, she said in a statement on…

  • Police release photos of 5 Camaroonians who escaped custody in St. Kitts

    Police release photos of 5 Camaroonians who escaped custody in St. Kitts

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  • ‘Rest Well Harry’: Statement from UWI Vice-Chancellor on Harry Belafonte’s passing

    ‘Rest Well Harry’: Statement from UWI Vice-Chancellor on Harry Belafonte’s passing

    The following statement is issued by Professor Sir Hilary Beckles, Vice-Chancellor of The University of the West Indies, on the passing of singer, actor and civil rights activist, Dr. The Honourable Harry Belafonte. It was with deep sadness that I learned of the passing of Dr. The Honourable Harry Belafonte on April 25, 2023. We…

  • Man dies in construction accident in Guyana

    Man dies in construction accident in Guyana

    (Loop News) — Police in Guyana are investigating a fatal incident that claimed the life of a man at a worksite at Mackenzie Sports Club Ground in Linden. The deceased has been identified as Cledwin Richards, also called ‘Fatboy’ or ‘Junior’, 43, a laborer of Soesdyke-Linden Highway. According to reports, on Tuesday, Richards was working…

  • Belize: Drug laced treats lands children in hospital

    Belize: Drug laced treats lands children in hospital

    (Loop News) — The saying “Don’t take candy from strangers” became a parent’s worst nightmare in Belize when several adults and children fell ill after ingesting drug-infused candies. A report from the Karl Heusner Memorial Hospital (KHMH) indicates that its Mass Casualty Code was triggered yesterday after seeing a high number of students admitted to…

  • Building a Healthier Eastern Caribbean Requires an All-Out War on Non-Communicable Diseases

    Building a Healthier Eastern Caribbean Requires an All-Out War on Non-Communicable Diseases

    By: Lilia Burunciuc, World Bank Director for Caribbean Countries and Timothy Antoine, Eastern Caribbean Central Bank Governor Did you know that non-communicable diseases are the main cause of premature deaths in the 30–69-year-old age group in the Eastern Caribbean? The rising prevalence of non-communicable diseases is pressuring countries and health systems in the Caribbean at…

  • Trinidad ranked 6th most criminal country in world

    Trinidad ranked 6th most criminal country in world

    (Trinidad & Tobago Guardian) – T&T has been listed as number 6 by the World of Statistics (WOS) for being among the most criminal countries” in the world. The World of Statistics (WOS) list of “Most Criminal Countries” was released on Wednesday. The WOS website describes itself as a global network of nearly 2,360 organisations…

  • CARICOM declares War on Guns

    CARICOM declares War on Guns

    DECLARATION BY HEADS OF GOVERNMENT WAR ON GUNS TRINIDAD AND TOBAGO 18 APRIL 2023 We the Heads of Government of the Caribbean Community (CARICOM) meeting in Port of Spain, Trinidad and Tobago on April 17-18, 2023, on the occasion of the Regional Symposium to address Crime and Violence as a public health issue, register our…

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]