Category: Regional News

  • Gleaner Editorial | Don’t delay free movement

    Gleaner Editorial | Don’t delay free movement

    After last year’s manoeuvrings by its political parties to win the votes of CARICOM nationals living there, the decision by Antigua and Barbuda’s government to opt out of fully free movement of labour in the community is surprising. CLICK HERE TO GET ON THE ABN WHATSAPP Hopefully, this backsliding by St John’s is not a…

  • Teen allegedly attacked by masked men in Villa

    Teen allegedly attacked by masked men in Villa

    A teenager allegedly was the victim of an attack by unknown masked men, who jumped him and left him wounded. CLICK HERE TO GET ON THE ABN WHATSAPP It is alleged that the 17-year-old Yorks Village resident was standing on Hand Street in Villa when a red Toyota Vitz pulled up and two men wearing…

  • SIDS Global Children and Youth Summit Officially Launched

    SIDS Global Children and Youth Summit Officially Launched

    A first-of-its-kind summit placing young people at the forefront of discussions on the challenges facing Small Island Developing States (SIDS) was officially launched on Monday. The SIDS Children and Youth Action Summit will bring together 60 young delegates to drive “meaningful change” on a range of issues threatening the future of SIDS. CLICK HERE TO…

  • Haiti’s prime minister resigns as law and order collapses

    Haiti’s prime minister resigns as law and order collapses

    Haiti’s Prime Minister Ariel Henry has agreed to resign following weeks of mounting pressure and increasing violence in the impoverished country. CLICK HERE TO GET ON THE ABN WHATSAPP It comes after regional leaders met in Jamaica on Monday to discuss a political transition in Haiti. Henry is currently stranded in Puerto Rico after being…

  • Dominicans try to shield busy border market from Haitian chaos

    Dominicans try to shield busy border market from Haitian chaos

    Far from the violence ravaging Haiti, a market on the border with the Dominican Republic has managed to maintain a welcome degree of normal everyday life. At the Dajabon border gate, a wave of Haitians press forward, eager to shop at the twice-weekly market, situated some 200 kilometres (120 miles) from Haitian capital Port-au-Prince. CLICK…

  • ICE nabs Jamaican national convicted of sexual assault

    ICE nabs Jamaican national convicted of sexual assault

    The United States Immigration and Enforcement (ICE) agency says officers from its Enforcement and Removal Operations (ERO) in Boston, Massachusetts have arrested an unlawfully present Jamaican national convicted of sexual assault and battery of a Massachusetts resident. CLICK HERE TO GET ON THE ABN WHATSAPP On Friday, ICE said the 30-year-old, Jamaican-born, convicted sex offender was…

  • Royal Caribbean cruise ship employee accused of hiding under beds, recording travelers in their rooms

    Royal Caribbean cruise ship employee accused of hiding under beds, recording travelers in their rooms

    A Royal Caribbean Cruise Ship stateroom attendant is accused of recording travelers and children while onboard the Symphony of the Seas ship, court records show. Arvin Joseph Mirasolis, of the Philippines, was arrested and charged in Florida with the production of child pornography and possession of child pornography. On February 26, Royal Caribbean Cruise Lines…

  • Ireland imposes visa restrictions on Dominica

    Ireland imposes visa restrictions on Dominica

    Holders of Dominican passports who want to travel to Ireland must now apply for a visa due to changes in that country’s immigration regime. CLICK HERE TO GET ON THE ABN WHATSAPP Irish Minister for Justice Helen McEntee announced that the visa restriction will take effect on Thursday, March 7, 2024. “This is a carefully…

  • T&T police seize cocaine, marijuana valued nearly $200 million

    T&T police seize cocaine, marijuana valued nearly $200 million

    The Trinidad and Tobago Police Service (TTPS) said it remains “relentless and focused” on dismantling drug trafficking networks, after narcotics estimated at nearly TT$200 million were seized in the south west of the country over the weekend. “This is a significant seizure for the TTPS and a major victory in our ongoing fight against illegal…

  • CARICOM plans to remove 6-month stay limit by March 31

    CARICOM plans to remove 6-month stay limit by March 31

    Barbados Prime Minister, Mia Mottley, has announced that nationals from the Caribbean Community (CARICOM) will have the ability to travel throughout the region by the end of March. CLICK HERE TO GET ON THE ABN WHATSAPP During the closing news conference of the four-day CARICOM summit in Georgetown, Guyana, Mottley stated that leaders had made…

  • US officials seize more than 300 firearms bound for Caribbean

    US officials seize more than 300 firearms bound for Caribbean

    An operation headed by the US Department of Homeland Security resulted in the seizure of 318 firearms, 314 magazines, and almost 20,000 rounds of ammunition bound for CARICOM member states. CLICK HERE TO GET ON THE ABN WHATSAPP Speaking at a media briefing on Wednesday following his return from the 46th CARICOM Heads of Government…

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]