Invitation for Submission of Expressions of Interest
Project Name: JFPR Grant NO.9095 -LAO: Catalyzing Microfinance for the Poor
Grant Implementing Agency:
Bank of the Lao People's Democratic Republic
Contact : Mdme. Sengdao Bouphakonekham
Fax. No. : 856 21 238192
E-mail : Sengdaobol@bol.gov.la
Tel. No. : 856 21 911450; 917689
Address : Yonnet Road, Vientiane
Lao PDR
P.O. Box 19
Grant Amount (US$'000): 1,980.00
Project Officer:
Vicky C.L. Tan
Financial Management Specialist
vctan@adb.org
Date of First Listing: 12 July 2004
Recruitment of Consultants:
Expressions of Interest will be accepted until 15 January 2007.
Objectives and Scope:
In association with LAO-Rural Finance Sector Development Program, a grant of $1.98 million was approved by the Japan Fund for Poverty Reduction Grant (JFPR) for catalyzing microfinance for the poor.
This project will provide grant funds for eligible micro-finance institutions (MFIs) though a Microfinance Fund (MFF). The MFF will support initiatives by MFIs in the Lao PDR that will
- contribute directly or indirectly to improved incomes, livelihoods, and opportunities for poor people;
- involve a product, service, system or procedure that is innovative and would be unlikely to be addressed without the support of the MFF;
- result (directly or indirectly) in increased access to financial services by the poor;
- be sustainable, or result in sustainable impact, after an MFF grant has been utilized;
- share resource costs required for implementation between the MFF and the MFI;
- be implemented within 3 years, other than in exceptional circumstances; and
- not create unfair competition or otherwise distort markets.
Consulting Services Required:
Consultants will be recruited to provide the services for implementation, management, and progress monitoring of the JFPR grant. A total of 46 person-months of international specialists is required, comprising a microfinance specialist/team leader (12 person-months), an accounting and MIS specialist (3 person-months), a legal specialist (1 person-month), and a management assistant (30 person-months). A total of 53 person-months of national specialists is required, comprising two microfinance specialists (each for 25 person-months), and an accounting specialist (3 person-months).
A firm will be engaged for the consulting services, following the quality- and cost-based selection process, and the simplified technical proposal will be used, in accordance with Guidelines on the Use of Consultants by Asian Development Bank and Its Borrowers dated April 2006. Read the Detailed Terms of Reference.
Implementation Period
Over a period of 36 months
Read the full text of ADB's assistance to the Lao People's Democratic Republic for the Rural Financial Sector Development Program approved on 17 August 2006.
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