Request for Proposals-Innovative Financing for Village Savings and Loan Associations (VSLAs) and Cooperatives - ACCEL Africa II Project - Ghana

Description

Dear Bidder, The International Labour Office (ILO) is looking for an organization or consortium to develop an innovative financial solution, in the form of a product with supporting service that will increase access to finance and the financial resilience of of the cooperatives and VSLA members in Ghana's cocoa and artisanal and small-scale gold mining (ASGM) supply chains in 4 project districts in Western and Western North Regions of Ghana. Below is a summary of the work to be performed: 1. Develop an innovative financial product to overcome the barriers to financial inclusion for cooperatives and VSLAs. 2. Deliver a product that will increase access to finance and asset-building opportunities for VSLAs and cooperatives, thus strengthening household resilience to better manage economic shocks and income fluctuations. 3. Strengthen collaboration between financial institutions, innovators, cooperatives and development partners in promoting inclusive financial ecosystems. 4. Propose an innovative financial solution that demonstrate potential for replication and scaling within the project districts outlined. 5. Will benchmark and measure the impact of the product on improved access to finance, savings and financial resilience. Please submit your proposal before the specified deadline. For enquiries, please contact quartey@ilo.org. Thank you. Best regards, ILO Procurement Team