Consulting Services for the Accompanying Measures (Technical Assistance) to Partner Financial Institutions (PFIs), Micro, Small and Medium Enterprises (MSMEs) and the Nepal Rastra Bank (NRB) - Contract Duration changed

Brief description of the Contract

The overall objective of the project is the sustainable provision and use of a target-group oriented loan portfolio for business investments (especially fixed capital investments) of predominantly rural and semi-urban MSMEs in Nepal. The project shall be complemented by a Technical Assistance component aimed at strengthening the institutional capacity and know-how of the PFIs in the area of rural and semi-urban MSME finance. It will further include capacity building measures targeted at the MSMEs in the area of financial literacy and business management. Moreover, the Technical Assistance shall support the NRB in setting up a revolving fund

Requested Consulting Services:

• Conduct a needs assessment for each PFI and develop a comprehensive and tailormade Technical Assistance package; 
•  Support the PFIs in reviewing/developing and implementing an effective strategy and viable business model for rural and semi-urban MSME finance;
• Develop, test and roll-out target-group oriented loan products (such as collateral-free loans and loans with alternative types of collateral); 
• Review and optimize the PFIs’ organizational structures and processes for rural and semi-urban MSME lending (including Environmental and Social Management System); 
• Develop and conduct tailor-made trainings for the PFI staff; 
• Support the PFIs in meeting the project requirements;
• Improve MSMEs’ financial literacy and know-how in the area of business management in order to increase their productivity and further commercialization;  
• Support NRB in designing and setting up the revolving fund and
•  electively provide consultancy services to NRB (where necessary and relevant to the project).