Microfinance Loan Facility for CBEs and SMEs Revolving Fund Loan Scheme

Call for business plan in support of well-formulated projects aimed at enhancing and improving solid waste collection services to help reduce greenhouse gas emissions through sorting, composting and recycling in Greater Monrovia.

Updates:

• Deadline for submission is extended to 10 November 2020.
• A second information session is scheduled on 26 October 2020 at the Monrovia City Hall, Monrovia:
  • Session 1: 09:00 - 11:00 GMT (Liberian Time)
  • Session 2: 13:00 - 15:00 GMT (Liberian Time)
• We will accept question/clarification requests until 30 October 2020 and our answers to questions and requests for clarifications will be posted on UNGM (United Nations General Market Place) and Cities Alliance website on 3 November 2020.
• Updated Guidelines_Business_Plan_SWM_Microfinance document 

• Response to questions and clarifications received from 5 October to 2 November has been uploaded.

   

Eligibility:
Registered Community Based Enterprises (CBEs) and Small Medium Enterprises (SMEs) operating in the solid waste sector in Greater Monrovia.

Loan size:
From USD 3,000 to USD 15,000 per application.

Information Session:
2nd September 2020 at 09:00 GMT (Liberian Time) at Corina Hotel (Monrovia)

A second information session is scheduled on 26 October 2020 at the Monrovia City Hall, Monrovia:

• Session 1: 09:00 - 11:00 GMT (Liberian Time)
• Session 2: 13:00 - 15:00 GMT (Liberian Time)

Questions and clarifications:
Accepted until 30 October 2020 to ca-proposal@citiesalliance.org with subject line “Microfinance Loan Questions”.

Deadline. Applicants must submit Business Plan proposals before November 10, 2020, 1600 hrs GMT (Liberian Time).  Late submissions will not be accepted. Please submit your proposal to ca-proposal@citiesalliance.org with subject line: “Microfinance Loan Proposal”.

Information Sessions. An information session, open for CBES and SMEs in Greater Monrovia, is scheduled for Wednesday, 2nd September 2020 at Corina Hotel, located on Tubman Boulevard in Monrovia at 09:00 GMT (Liberian Time). During the ‘Information Session’, facilitators from the Cities Alliance Liberia Country Programme will provide detailed explanation on the Microfinance Loan Scheme, explain the requirements and related business plan proposal templates to all potential applicants in attendance.

Questions and Clarifications:

• Please submit your questions or request for clarifications about this ‘Waste Reuse – Solid Waste Management Grant’ opportunity or the application to ca-proposal@citiesalliance.org with subject: “Microfinance Loan Questions”.
• We will accept question/clarification requests until 2nd October 2020.
• We will post our answers to your questions and requests for clarification about this grant opportunity on Cities Alliance website and UNGM (United Nations General Market Place) on 14th and 28th of September, 5th October and 03 November 2020.

Format. All proposals must be submitted using provided business plan proposal template.

Language. Applications must be submitted in English.

Completeness. Applications must provide all the requested information and support documentation: (1) the comprehensive Business Plans; (2) Financial Statements for the period January to December 2019. If the entity came into existence only in year 2020, then the statement shall cover the period of existence; and (3) Legal Registration certificate of the CBE or SME.

Response to questions and clarifications received up to 14 September 2020 has been uploaded

Response to questions and clarifications received from 15 – 27 September has been uploaded.

No question and clarification request received up to 5 October 2020.

Response to questions and clarifications received from 5 October to 2 November has been uploaded.