International Labour Organization Tender

To Deliver Digital Cash Transfers To Returned Migrants And Provide Micro-loans To Vulnerable Potential And Returned Migrants In Kenya & Overall Objectives The Overall Objective Of The Ilo Better Regional Migration Management Project Component On Labour Market Integration Is To Ensure That Potential And Returned Migrants Are Provided With Financial And Non-financial Services To Promote Sustainable Livelihoods And Reduce Their Vulnerability, In Mombasa County. The Specific Objectives Of This Assignment Will Be To: Open Bank Accounts For At Least 400 Clients, All Of Which Being Returned Migrants. Provide A Cash Transfer Digitally To 400 Clients, All Of Which Being Returned Migrants; And Establish A Revolving Loanable Fund Amounting To Usd 200,000 And Expand Access To Credit For Clients, I.e. Potential And Returned Migrants. Specific Objectives These Terms Of Reference Are Developed To Select Financial Services Providers (fsps) To: Support 400 Returned Migrants To Open A Bank Account. Provide Digital Cash Transfer Of Usd 150 For Each Of The 400 Returned Migrants Through Their Bank Accounts Provide Usd200,000 Worth Of Micro-loans To Potential And Returned Migrants In Kenya. Locations Mombasa Counties Time Frame May 2024 – January 2025 Total Cost Born By Financial Service Providers Usd 100,000 Born By Selected Fsp   Funding Source Usd 160,000 Born By The Ilo Brmm Project. Brmm Will Fund Usd 100,000, Equivalent To 50% Of The Total Usd 200,000 Of Micro-loans Provided By The Selected Fsp To Potential And Returned Migrants. Brmm Will Also Provide Usd 60,000, Equivalent To The Total Sum Of Cash Grants To Be Provided Through The Selected Fsps Digitally, To 400 Returned Migrants. The Ilo Brmm Project Is Financed By Of The Foreign, Commonwealth & Development Office Of The United Kingdom’s Government Expected Results The Expected Results Of This Assignment Will Be: 400 Clients (returned Migrants) From Mombasa County Have Opened A Bank Account With The Selected Fsp. 400 Clients (returned Migrants) From Mombasa County Are Provided With A Cash Transfer Digitally Of Usd150 Each, In Line With The Ilo Brmm Project Criteria And The Ilo And Ukfcdo Principles And Standards. The Revolving Loanable Fund Amounting To Usd200,000 Is Disbursed To Clients (potential And Returned Migrants) In Mombasa County Based On Available Loan Products That Fits Best The Interest Of Beneficiaries Or A Loan Product That Is Adapted To The Needs Of Returned Migrants