Organization: Pakistan Microfinance Investment Company Limited (PMIC)
Position: Independent Verification Agent (IVA)
Program: PRIME Program
Location: Islamabad, Pakistan
Last Date to Apply (EOI Submission): July 29, 2025
RFP Submission Deadline: August 15, 2025
Introduction
Pakistan Microfinance Investment Company Limited (PMIC), a registered Investment Finance Company under the NBFCs regulations with the Securities and Exchange Commission of Pakistan (SECP), invites Expressions of Interest (EOI) from experienced and reputable firms for the role of Independent Verification Agent (IVA) under the PRIME Program.
PMIC is a joint initiative by the Pakistan Poverty Alleviation Fund (PPAF), Foreign, Commonwealth & Development Office (FCDO) through Karandaaz Pakistan, and the German Development Bank (KfW). The organization plays a vital role in enhancing the growth of Pakistan’s microfinance sector by offering comprehensive financial services to microfinance institutions and banks. The ultimate goal is to promote financial inclusion and alleviate poverty across the country.
Job Role: Independent Verification Agent (IVA)
The selected firm will be responsible for conducting independent verifications under the PRIME Program to ensure transparency, efficiency, and accountability. PMIC seeks highly professional firms with a proven track record in auditing, monitoring, and evaluation.
Eligibility Criteria
- Firms must be reputable, experienced, and legally registered entities.
- Must have proven expertise in conducting third-party verifications or similar evaluations.
- Should meet the technical requirements outlined in the Terms of Reference (ToRs).
- Proposals must follow all instructions and include complete documentation as outlined in the RFP.
Proposal Timeline
| Submission Stage | Deadline |
|---|---|
| EOI (Profile Submission) | 29 July 2025 |
| Pre-Bid Meeting (For shortlisted companies) | 5 August 2025 |
| RFP Submission (Technical & Financial) | 15 August 2025 |
Submission Process
- Submit your EOI, Technical & Financial Proposals as per the deadlines.
- Documents must be enclosed in a sealed envelope and addressed to:
Head of Procurement
Pakistan Microfinance Investment Company Limited (PMIC)
Plot # 55-C, 21st Floor, Ufone Tower, Blue Area, Islamabad
Phone: (051) 8487820-40
Email: yasir.masud@pmic.pk
Cc: adeel.qureshi@pmic.pk
Further details including ToRs, RFP, and Bid Forms can be accessed via: https://pmic.pk/tenders
Note:
- All proposals must be submitted before 4:00 PM Pakistan Standard Time (PST) on the respective dates.
- PMIC reserves the right to accept or reject any/all applications without assigning any reason.
This is a competitive and impactful opportunity for organizations aiming to contribute to financial inclusion and transparency in Pakistan’s microfinance sector.
