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Yemisrach Microfinance SC Invitation for Bid for Eternal Audit Service

Invitation for Bid for Eternal Audit Service

Yemisrach Microfinance SC

Yemisrach Micro Finance S.C (YMFSC) is a micro finance institution established in accordance with proclamation No. 626/2009 and licensed from NBE in July 2018. It has been established with a paid up capital of 10,279,000.00 birr with 1916 shareholders and started its operation on February 01, 2019. Currently it has started its operation opening one branch at Addis Ababa, around Makanisa. It has a plan to open more than 15 branches with in the next there years.

Yemisrach would like to invite eligible, competent External Audit firms to undertake the financial audit of the head office &Branch for three years from the fiscal year 2018/19 to  2020/21 .The Audit firm should have valid license and relevant experience in the financial sector audit service and particularly in the microfinance industry Therefore

1. Interested applicant shall obtain Terms of Reference(TOR) from Yemisrach Microfinance S.C Head office:  located at Nifas silk Lafto sub city Mekanisa MY PIIC Building 3rd Floor House No 323 in-front of Amigo café during office hours (Monday to Friday: 8:00Am-12:30Am and 1:30pm-5:00pm/Saturday: 8:00am-12:30am) starting from the date of advertising.

2. Bidders should submit separate technical and financial proposal. Technical proposal envelope should include trade license, tax registration certificates, renewed tax clearance certificate, Professional License from concerned office, testimonies of past experience, work plan and methodology and other related documents. The bidders should submit both financial and technical bid proposals sealed and submit from the date of advertisement up to ten working days June 05, 2019 at 5:00 PM the latest.

Yemisrach Microfinance S.C reserves the right to accept or reject the bid.

Yemisrach Microfinance S.C

Tel. 011 831 2404 /011 3698674 P.O. Box 145269, Addis Ababa, Ethiopia.