Monday, June 18, 2012

Financial Education Strategy Consultancy Job in Rwanda


Recruitment of a consultancy firm to undertake the Financial Education Strategy

Background

Access to Finance Rwanda (AFR) is a fund initially sponsored by DFID and the World Bank. Other sponsors are likely to join in coming months. 

The overall aim of AFR is to help more people and small businesses achieve greater and more effective access to a deeper financial system in Rwanda. 

AFR will fund a wide variety of initiatives and investments in the financial sector using grants, loans, subordinated debt and other instruments.

In pursuit of its objectives, AFR will be funding the Financial Education Strategy on behalf of Ministry of Finance and Economic Planning Rwanda.

The overall aim of this assignment is to develop a national strategy to improve financial literacy and education in Rwanda. 

The financial education strategy should provide a nationally coordinated approach to financial education that provides an appropriate framework for financial education programmes. 

The strategy will partly be informed by the national financial capability baseline survey that will be running concurrently with the work on developing the strategy.

Call for Expression of Interest (Eol)

AFR invites Expressions of Interest (Eols) only from firms that have relevant experience in this field. Eols should state the experience, capabilities and resources of the applicant, taking into account:
  • Wide knowledge and experience in financial literacy, especially ¡n developing financial education strategies in developing economies in general and Sub-Saharan Africa in particular
  • Proven experience and knowledge in marketing aimed at changing behaviors
  • Proven experience and knowledge of financial intermediaries and products
  • Familiarity with financial capability and other consumer surveys such as financial capability surveys and FinScope, together with the ability to analyse and interpret the results
  • Considerable experience in the financial sectors in sub-Saharan and preferably in East Africa, especially Rwanda
  • The team leader must have not less than five years’ experience in financial literacy and education.
If the firm does not already have a presence and resources available in Rwanda, bidders are recommended to ensure that they do include these, either by contracting local team members or by teaming up with a Rwandan organization with complementary skills and experience.

If your firm meets the above expectations and you would like to be selected for the short-list of firms invited to tender, please send your Eol to Mr. Vianney Kagabo at AFR (E-mail vianney@afr.rw) not later than 29th June 2012.

Eols should be kept to not more than 12 pages and focus on the experience of the specific team members and the firm heading the work. 

Full CVs are not required, but short biographical details of key team members are.

Only shortlisted firms will be informed and supplied with detailed ToR.