VACANCY ANNOUNCEMENT (Short-term Consultancy Opportunity for Individual Consultant)
The Microfinance Investment Support Facility for Afghanistan (MISFA) has received financing from the World Bank to support the implementation of the Access to Finance project. MISFA intends to apply part of the project’s proceeds for consulting services.
Background of the microfinance program in Afghanistan and MISFA
MISFA was established in 2003 as a vehicle through which the Afghan Government and international donors could channel technical assistance and funding to build Afghanistan’s microfinance sector. This mandate was further expanded to include the lower ranges of small and medium enterprise lending, another underserved market.
About the Consultancy
In 2008, the World Bank, through the Ministry of Finance (MoF), provided funds to MISFA to support the operational sustainability of microfinance institutions (MFIs) in Afghanistan, and help them scale-up outreach of financial services to meet the needs of low income Afghans. MISFA has been utilizing the aforementioned financial resources as a revolving loan fund for on-lending to the MFIs, which in turn provide loans to the microfinance borrowers, thereby serving the financial needs of the underserved people.
The main objective of the consultancy would be to (i) review progress of the microfinance program in Afghanistan, and (ii) assess, analyze and report, whether the microfinance sector has potential for further growth, and whether the aforementioned World Bank funding can be re-invested in the microfinance sector to bring about more benefits to the MFIs and to promote the overall sector.
The Microfinance Investment Support Agency for Afghanistan now invites eligible Consultants to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The consultant will be selected based on his/her qualification and responsiveness to the selection criteria.To Read Full document Click Here