REQUEST FOR EXPRESSION OF INTEREST

CONSULTANCY SERVICES FOR DEVELOPING MANAGEMENT PROCESSES FOR A SAVING AND CREDIT SCHEME FOR NASHO IRRIGATION COOPERATIVE

Background

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Nasho Irrigation Cooperative (NAICO) is a legally registered cooperative located in Nasho sector, Kirehe district. It was formed to bring together about 2,000 smallholder farmers within Nasho irrigation project site. The objective of NAICO is to support members within the cooperative to improve their livelihoods by increasing productivity and yield through proper utilization of modern irrigation infrastructure and efficient use of inputs such as improved seeds and fertilizers on an area of 1,173 hectares. Having achieved appreciable productivity and increased revenue from sale of produce, the cooperative’s general assembly resolved to start a saving and credit scheme called Vision NAICO in which each member is supposed to save at least 10% of their net revenue from grain sales after harvesting. Members have now saved for the past three seasons and are continuing to do so every harvest.

Therefore, NAICO is looking for a qualified individual consultant or consultancy firm to develop the structure, guidelines, and procedures for managing the farmers savings scheme, credit policy, loan application and review protocols, and assisting the cooperative to work towards meeting any licensing and/or regulatory requirements for a saving and credit scheme. The consultant will also train key cooperative staff managing farmers savings and loan application.

Scope of the work

The consultant or firm is expected to do the following activities.

• Develop a governance and management structure for Vision NAICO saving and credit scheme, with clear roles and responsibilities of each suggested staff.
• Develop guidelines and procedures for managing farmers savings that include internal audit process, risk management, internal rules, and regulations.
• Establish operating costs for managing farmers savings and credit activities.
• Develop a recording system for savings and interest payments to close to 2000 members.
• Update records in the members saving booklets.
• Develop a system for tracking savings and interest payments.
• Develop a credit policy, loan application and review protocols,
• Assist the cooperative to meet any licensing and/or regulatory requirements for a saving and credit scheme or microfinance business.
• Train key cooperative staff managing farmers savings and loan application. 

Required Expertise

• The Consultant must have at least 5 years of experience in either saving and credit organizations, microfinance operations, or banking industry.
• Demonstrated capacity in organization development, and business plan development.

Preferred Qualifications of consultant(s)

• At least a bachelor’s degree in finance, accounting, business, or management. A master’s degree in related fields would be an advantage.
• At least 5 years of experience in financial service sector with a minimum of 3 years of experience in banking and microfinance operations.
• Experience in Rwanda financial services industry.
• Having experience in similar tasks will be an advantage. 

Deliverables

The consultant will work closely with the management of NAICO and cooperative leaders and provide documents on all activities listed in the above scope of work.

Duration of the service

The assignment is for a maximum period of two months from the date of signing the contract. 

Expression of Interest submission

Interested and qualified consultant(s) are invited to express their interest by submitting following documents by email to nashoirrigation@gmail.com ;

1. A letter of interest addressed to the President of NAICO,
2. Copies of CVs or resumes for consultant(s) to do assignment,
3. A workplan and timeline for delivering on each activity.
4. A cost breakdown including consultancy fees, and any other incidental expenses. 

Expression of Interest documents must be submitted no later than 10^th September 2023.

For any further clarification on this request for expression of interest you can send an email to nashoirrigation@gmail.com or call at 0787520930.