Consultancy to Support Market Linkages and Financial Inclusion Tender, Zimbabwe - 38656944

Procurement Summary

Country : Zimbabwe

Summary : Consultancy to Support Market Linkages and Financial Inclusion

Deadline : 13 Dec 2019

Other Information

Notice Type : Tender

TOT Ref.No.: 38656944

Document Ref. No. : 61866

Competition : ICB

Financier : United Nations Secretariat

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP)
Block 10, Arundel Office Park Norfolk Road, Mount Pleasant Harare Tel: +263 4 338 836-44 Fax: +263 4 338 294
Zimbabwe
Email :registry.zw@undp.org
URL :https://www.zw.undp.org

Tender Details

BackgroundThe United Nations Development Programme (UNDP) with support from Department for International Development (DfID), the European Union (EU), the Embassy of Sweden and the Government of Zimbabwe is currently managing a resilience building programme in rural communities known as the Zimbabwe Resilience Building Fund (ZRBF). The programme seeks to improve the communities` adaptive, absorptive and transformation capacity while improving early warning mechanisms and capacitating government (both national and local) for improved evidence-based planning and policy making. Implementation of activities at community level under ZRBF takes place via a group of Consortia partners, with the leadership and guidance of Government stakeholders. ZRBF consortia partners have made strides in bringing on board a number of private sector companies in inclusive business models with rural communities as well as building the capacity of community groups to run Village Savings and Loans Associations (VSLAs) or Internal Savings and Lending Associations (ISALs) and broker other linkages with formal financial institutions.However, despite these efforts, the macroeconomic challenges in Zimbabwe have resulted in highly volatile business operating environment which has adversely affected some of the relationships that have been built. The removal of the 1:1 parity between the bond note and the USD saw continued deterioration of the RTGS dollar and uncoordinated pricing mechanisms for agricultural inputs and basic food commodities. Resultantly, the value of savings accumulated in various VSLAs/ISALs that had been established was eroded. The devaluation also affected possible contract farming arrangements with private sector players as the environment had become uncertain regarding terms of trade, the currency to adopt in transactions and theeconomic risks posed by the time lag in transactions. A number of private sector companies traded cautiously as they shied away from traditional cont...

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