This innovative financial program aims to promote inclusive growth, job creation and sustainable development and in this way, tackle some of the root causes of irregular migration.
In December 2018, FMO and the European Commission (EC) signed the agreement for the NASIRA Risk Sharing Facility for an amount up to €75 million for a period of four years. The facility targets mainly Tier 1 and Tier 2 financial institutions, and Tier 1 microfinance institutions in the sub-Saharan Africa and European neighbouring countries regions.
FMO will manage this facility, which provides a bilateral loss-sharing scheme between FMO and its financial institution clients for unlocking lending to specific target groups (migrant-, women- and young- entrepreneurs) that are perceived by the financial institutions as being high-risk.
On 3 June 2019, FMO has initiated the following three tender procedures in conformity with the 'Practical Guide to Contract European External Actions 2018' (PRAG):
The procurement documents are addressed to potential service providers and are available for unrestricted and full direct access, free of charge here.
The deadline for submitting an offer is 1 August 2019.
Complementary to NASIRA, the EC approved in total €4 million in technical assistance (TA) for financial institutions and end-beneficiaries to strengthen the ability of financial institutions to serve the target groups better and to unlock and enhance their potential.
The TA program will work on i) financial institutions’ internal risk management systems, and ii) tools to improve the service provided to the target groups. For a successful implementation of the facility and to generate the envisioned impact, TA is a crucial component of the NASIRA program.
The purpose of the request for proposals regarding technical assistance is to establish a multiple framework agreement with 3 to 5 service providers to provide technical assistance to FMO’s financial institutions clients and the target group.
The procurement documents for TA1 (risk management technical assistance program):
The procurement documents for TA2 (improve service for target group technical assistance program):
For the ICT services, FMO envisages to enter into two separate agreements:
The procurement documents for the ICT services:
For more information on TA1 and TA2, please contact:
For more information on ICT, please contact: