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Date Published: 02-Feb-2024
Deadline of Submitting EOI: 19-Feb-2024 04:00 PM Manila local time
Consultant Type: Firm
Selection Method: Simplified Consultants' Qualifications Selection (SCQS)
Selection Title: Financial Sector Stability and Reforms Program (Subprogram 1) - WE-FI Code Pilot
Engagement Period: 21MONTH
Consulting Services Budget: USD 323,000
Source: International
Technical Proposal: Single-Stage Proposal (SSP)
Approval Number: 10228
Approval Date: 08-Dec-2023
Country of assignment: Sri Lanka
Primary Expertise: Gender Finance
TOR Keywords: Women entrepreneurs finance, WE-FI
Objective and Purpose of the Assignment
ADB has received a grant from the Women’s Entrepreneurs Finance Initiative (WE-FI) to pilot a WE Finance Code across here countries: Fiji, Indonesia and Sri Lanka. The objective of the pilot is to establish a robust gender-responsive financial ecosystem, which can lead to increased investments and innovations for women-owned/led small and medium-sized enterprises (WSMEs). ADB proposes to pilot the WE Finance Code in Sri Lanka, with three key components: fostering a WSME-focused policy and regulatory framework, incentivizing private sector engagement, including through digital solutions, and fostering evidence and knowledge through peer learning and new evidence.
ADB is recruiting a firm for the implementation of the pilot in Sri Lanka in order to support and coordinate the implementation of key focus areas, including the adoption of a national definition of women-owned business, and strengthening sex-disaggregated financial data among all key stakeholders in the financial system.