Expression of Interest (EoI) for Recruitment of Financial Institution(s) for Administration of Small Individual Business Loans to 1,500 Entrepreneurs
PN: 20.2105.3-001
The Employment Promotion Programme (EPP) IV is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and co-financed by the European Union. The private sector development (PSD) work area of EPP IV deals directly with micro, small and medium enterprises (MSMEs) development and utilizes a methodology called the SME Business Training and Coaching Loop (popularly known as B-Loop in Sierra Leone). Under EPP IV, a total of 750 entrepreneurs will be trained under the B-Loop.
Purpose and Timeframe
EPP IV is recruiting suitable financial institution(s) for the purpose of administering 1,500 small individual business loans to entrepreneurs through a guaranteed scheme to selected micro and small entrepreneurs in Kono, Kailahun, Koinadugu and Falaba districts commencing July 2022 to December 2023.
Eligibility / Expertise / Documents to be submitted
- The financial institution gives poof of good standing, commercial qualification, payment of taxes and social benefits: Clearance certificate of NRA, and NASSIT
- The financial institution is based and registered in Sierra Leone: Certificate of Business Registration.
- Valid license for operation of such business in Sierra Leone
- The financial institution should have minimum of three (3) years of experience in the implementation of small loan administration to micro and small enterprises in the targeted districts as stated above: A brief company profile that details their experiences in delivering similar tasks.
Submission of Expressions of Interest
Service providers should submit their “Expression of Interest” in a plain sealed envelope in the Tender Box situated at the GIZ Country Office Reception –32d Wilkinson Road, Freetown not later than 12th August 2022, 4:30 PM local time, clearly marked with “EoI Small Individual Business Loans” – COSOFT NUMBER 83414778”
Only prequalified bidders will be contacted with detailed Terms of Reference and tender documentation for submission of technical and financial bids.
