Albanian Development Guarantee Foundation (ADGF)Start-up Window for Covid-19 Recovery

The Albanian Development Guarantee Foundation (ADGF) in Albania aims to improve access to finance for micro-, small and medium sized enterprises (MSMEs) through the provision of guarantees to local financial institutions since 2015. In 2020, since the Albanian economy was severely affected by the Covid-19 pandemic, the German government (BMZ) provided grant funding via the German development bank, KfW, to establish a “Covid-19 Guarantee Window” with high coverage rates and concessional guarantee fees. Following-up on this initial crisis-response, the present Project aims to deploy additional grant funding provided by BMZ via KfW in 2021 for guarantees and technical assistance measures to support MSMEs towards economic recovery and to relaunch growth with a more specific focus on supporting entrepreneurs and start-ups (the Target Group).

The Services comprise two types of technical assistance (TA) measures which are detailed below:

  • Firstly, capacity building for financial institutions and, secondly, support for MSMEs that are the Target Group of the Project;
  • For both types of TA measures, tasks will be divided into two phases:
  • Preparation Phase comprising needs assessment and concept development to be concluded with the acceptance of the Implementation Concept by ADGF and KfW;

followed by

  • an Implementation Phase encompassing deployment of TA activities and follow-up.

 

Qualifications: 

For this upcoming opportunity, we are looking for a team of international and national experts. Applicants should have expertise and experience in the following areas:

  • Advisory services for start-ups/young MSMEs regarding access to finance / financial products
  • Advisory services to financial intermediaries regarding provision of credit products to MSMEs
  • Advisory services regarding structuring of guarantee funds and similar credit enhancing instruments
  • Conceptualization and implementation of technical assistance / training measures or programs for financial intermediaries and MSMEs regarding MSME finance
  • MDB/IFI project management including reporting
  • Previous work experience in Albanian / regional MSME ecosystem and markets and Albanian language skills would mean an asset
Start / Duration: 

It is expected that the Services will commence in July 2022. Based on the current indicative time schedule the implementation period will be 48 months

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