Terms of Reference for FSP at Plan International

Introduction:

The on-going humanitarian crisis has affected the availability and efficiency of financial institutions in Maiduguri and environs. This has led to closing down of financial institutions in 25 LGAs except Jere and Maiduguri main town, Borno state while in Adamawa state banks operates only in Yola North/South, Numan and Mubi. Plan international Nigeria implements its humanitarian Programs in communities and hard to reach areas with limited or no financial institutions which makes it extremely difficult when it comes to payment for services rendered by vendors and when conducting cash transfer intervention for identified affected households.  The LGAs of intervention where no Financial Service Provider exist in Borno state include; Gwoza, Monguno, Mafa, Kaga, Bama, Kala-Barge, Damask and Dikwa; while in Adamawa state Madagali, Maiha and Hong have no financial institutions. Thus, the need for financial service providers that would reduce this challenge becomes imperative.

Follow the link for the objectives of the FSP. https://drive.google.com/open?id=1IFYtt-8_ZoBiJzwbDyDMEL0nOdIvpXP5