United Nations Capital Development Fund Tender

Ta To A Deposit Taking Mfi In Sierra Leone & The Un Capital Development Fund (uncdf) Is Seeking Proposals From Qualified Consulting Firms To Provide Technical Assistance (ta) To A Deposit-taking Microfinance Institution (mfi) In Sierra Leone. The Mfi Has Been In Operation For 15 Years And Currently Operates 32 Branches, With 20,000 Depositors And 70,000 Borrowers, The Majority Of Whom Are Women. This Assignment Will Focus On Strengthening The Mfi’s Risk Management Practices And Supporting The Digitization Of Its Credit Processes, Particularly For Individual Cash Flow Lending. The Mfi Has Previously Received Technical Assistance For Financial And Risk Management. This New Initiative Builds On That Support By Operationalizing Risk Management Recommendations And Introducing Digital Innovations To Enhance Efficiency And Service Delivery. Scope Of Work Summary The Technical Assistance For The Microfinance Institution (mfi) In Sierra Leone Will Focus On Two Key Areas: Risk Management Best Practices: Standardize Procedures To Improve Cash Management, Eliminate Data Inconsistencies, And Strengthen Internal Controls. Implement Clear Lines Of Authority, Segregation Of Duties, And Ensure Compliance With Laws And Internal Policies. Enhance The Internal Audit Function, Set Risk Parameters, And Embed A Risk Management Culture Through Regular Assessments. Provide Staff Capacity-building On Risk Mitigation And Management. Digitization Of Credit Processes: Develop A Digital Customer Base And Automate Credit Scoring And Decision-making Processes. Implement Digital Loan Disbursements, Administration, And Repayment Systems Via Mobile Wallets And Other Electronic Channels. Set Up Operational Platforms For Mobile Data Collection, Optimize Loan Officer Efficiency, And Establish Loan Monitoring Mechanisms. The Assignment Includes Training And Piloting To Ensure Effective Implementation Of These Enhancements. Please Indicate Whether You Intend To Submit A Bid By Creating A Draft Response Without Submitting Directly In The System. This Will Enable The System To Send Notifications In Case Of Amendments Of The Tender Requirements. Should You Require Further Clarifications, Kindly Communicate Using The Messaging Functionality In The System. Offers Must Be Submitted Directly In The System Following This Link: http://supplier.quantum.partneragencies.org  using The Profile You May Have In The Portal. In Case You Have Never Registered Before, You Can Register A Profile Using The Registration Link Shared Via The Procurement Notice And Following The Instructions In Guides Available In Undp Website: https://www.undp.org/procurement/business/resources-for-bidders.  do Not Create A New Profile If You Already Have One. Use The Forgotten Password Feature In Case You Do Not Remember The Password Or The Username From Previous Registration. Search For The Specific Tender Using Search Filters And Subscribe To The Tender In Order To Get Notifications In Case Of Amendments Of The Tender Document. If You Need Support With The Online System, You Can Contact The Contact Details Of This Tender As Indicated In The Solicitation Document. Uncdf Procurement Unit