Support for Development of a Wholesale Product for Tanzania
To get a full background of the project, partner, and client please see the full Terms of Reference here.
Objective
HFHI, in partnership with TMRC, seeks a company/consultant to provide Technical Assistance (TA) for developing a wholesale housing microfinance product for Financial Service Providers (FSPs) in Tanzania.
Key Objectives:
Design the wholesale microfinance housing product for FSPs.
Draft product support documents, including lending and internal operations manuals.
Conduct risk assessments and provide recommendations for risk management.
Train TMRC staff and board on housing microfinance and the new product.
Support TMRC with board presentations to secure product approval.
The goal is to develop the wholesale product, build TMRC’s capacity to manage it, and obtain board approval.
Scope of Work
HFHI, TMRC, and the consultant will collaborate to design a housing microfinance wholesale product for TMRC, enabling Financial Service Providers (FSPs) to lend to individual borrowers. The product may involve refinancing existing loans or prefinancing new ones to enhance homeownership among low-income households.
Consultant Activities:
Project Scoping
Finalize scope, implementation plan, timelines, and resources with TMRC and HFHI.
Product Design
Develop a wholesale product aligned with FSP retail offerings.
Identify and mitigate risks, develop scenarios post-pilot, validate the product with FSPs, and create monitoring tools.
Capacity Building
Train TMRC staff on product design, implementation, and management.
Ensure knowledge transfer to support product rollout and operations.
Operations Manual
Draft and integrate the wholesale product manual with internal operational guidelines.
Review and advise on agreements with FSPs.
Board Training
Train TMRC board members on the product, provide a training plan, reports, and recommendations.
Project Reporting
Deliver a final project report with recommendations for successful product rollout.
Deliverables and Milestone
10 Dec 2024 – 13 Dec 2024: Project scoping – Project Scope
16 Dec 2024 – 10 Jan 2025: Product Design - Wholesale Product
13 Jan 2025 – 17 Jan 2025: Capacity building for TMRC staff
20 Jan 2025 – 24 Jan 2025: Draft Product Operations Manual
27 Jan 2025 – 31 Jan 2025: Document Internal Operations Manual
Week of 10 – 14 Feb 2025: Board Training
3 Mar 2025 Week of 10 – 14 Feb 2025– 15 Mar 2025: Evaluation of first batch of loans disbursed
15 Mar 2025 – 28 Mar 2025: Project reporting
Eligibility criteria
The research company/consultant should:
Have at least ½ experiences in development of wholesale product for the mortgage refinance
Detailed Understanding of the Mortgage Refinance Companies and some of their products
Understanding of the Tanzanian Financial market
Assigned personnel should have the relevant qualifications in the field of research, product development, and project management
Experience in offering technical support and capacity building
Ability to achieve maximum scope of reach with limited resources
Proposal Evaluation
This consultancy offers a pivotal opportunity to impact the housing microfinance landscape in Tanzania by enhancing the capabilities of TMRC to offer capital/financing through the wholesale product to its members institutions, thereby increasing access to essential financial services for underserved communities.
The proposal will be evaluated based on:
Technical Skills: Relevant technical skills to achieve the objectives
Experience: Demonstrated expertise of the company and individuals
Understanding of the work: Content, quality of the proposal
Cost effectiveness: Cost effectiveness in delivery more scope with limited resources
Proposal Submission
The deadline for submission is at 5:00pm EAT on 31st December 2024. Submission should be done to [email protected]. Please see full Terms of Reference here.
About Habitat for Humanity
Habitat for Humanity, founded in 1976, is a global, Christian-based nonprofit organization that grew out of an intentionally multi-racial community in rural Georgia. Seeking to put God’s love into action, Habitat brings together people of all faiths and people of no faith to build homes, communities and hope. Working alongside each other, we help families and individuals build and improve places to call home and achieve the strength, stability and self-reliance they need to build better lives for themselves. Habitat seeks individuals who have a willingness to affirm these principles and values.
At Habitat for Humanity International, we embrace a history rooted in creating equity and take our mission seriously by courageously committing to a culture and workplace where all staff feel safe, welcome, visible, respected, supported and valued. As an equal opportunity employer, we realize that our success depends upon building an inclusive workforce of diverse perspectives and encourage people of varied races (which is inclusive of traits historically associated with race, including, but not limited to, protective hairstyles and hair texture), ethnicities, national origins, tribes, religions, ages, gender identities and expressions, genders, sexual orientations, marital statuses, disabilities, veteran/reserve national guard statuses, socio-economic statuses, thinking and communication styles to work with us.
We also require that all staff take seriously their ethical responsibilities to safeguarding our intended beneficiaries, their communities (especially children), and all those with whom we work. In line with the prevention of sexual exploitation and abuse, all staff must pass a thorough background screening and will be held accountable to upholding our policies around ethical behavior, including safeguarding and whistleblowing.