Expression of Interest for the Provision of On-Lending Services for the Women Enterprise Funds

Republic of Kenya
Women Enterprise Fund
Ministry of Gender, Children and Social Development

Expression of Interest for the Provision of On-Lending Services for the Women Enterprise Funds

The Women Enterprise Fund was set up by the Government as a strategic move towards addressing poverty alleviation through socio-economic empowerment of women. It is one of the flagship projects under the Social Pillar in Vision 2030.

One of the fund's core mandates is to provide money for on-lending to women entrepreneurs through partner financial intermediaries and directly to women through the Constituency Women Enterprise Scheme.

The fund now intends to recruit additional financial intermediaries as partners in the disbursement of funds to women. Expressions of interests are invited from entities with experience in micro-lending such as, commercial banks, Non-Government Organizations (NGOs), Savings and Credit Societies (SACCOS), Micro-Finance Institutions, Faith Based Organizations, Community Based Organizations (CBOs), etc.

Your submission for expression of interest should include but not limited to the following: -

1. Certificate of registration/incorporation
2. Minimum 3 years of operations and audited accounts for the last three years.
3. Current tax compliance certificate from KRA
4. Outstanding performing portfolio- Women & Men
5. Evidence of the current number of borrowers - Men & Women
6. Good corporate governance
7. Country wide outreach
8. Good portfolio performance & technology for loan tracking.

Existing partners interested in further funding should also indicate their desire to do so. Firms operating in "hard-to-reach" areas are encouraged to apply.

The successful firms will enter into lending agreement with the fund.

Submitted application should be in plain sealed envelops clearly marked. "Expression of interest for the provision of on-lending services" addressed to:

The Chief Executive/Director,
Women Enterprise Fund
P. O. Box 16936 - 00100,
NAIROBI.

Or be deposited in the tender box situated on the 13th floor, NSSF building, Eastern Wing so as to reach us on or before 10th March 2009 at 10.30 a.m.

The opening of expression of interest will be done immediately thereafter and those who wish to witness are invited. Late submissions will not be accepted.

"You empower a women, you have empowered a family & a whole nation"