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Terms Of Reference for Financial Services

Sugar Cane Growers Fund [SCGF] was established by Act. No. 9 of 1984 enacted by the Parliament of Fiji on 26 July 1984. Its core function is to provide loans to sugar cane growers. SCGF also has a subsidiary company; South Pacific Fertilizers Pte Limited, engaged in the sale and distribution of fertilizer and weedicides.

SCGF invites Expressions of Interest (EOI) from qualified financial institutions, insurance companies, financial investment institutes to collaborate in providing savings, insurance, investment schemes for sugarcane growers across Fiji. This services and collaboration will provide a choice for the grower that will allow SCGF to remit their share of proceeds to the respective institution. SCGF will only work based on the authority of the growers.

The proposed Savings Scheme aims to:

  • Encourage a sustainable savings culture among cane growers;
  • Support financial inclusion and long-term financial security;
  • Facilitate access to tailored financial products and services; and
  • Strengthen partnerships that contribute to the economic resilience of Fiji’s sugar industry.

Scope of Partnership

Interested parties are expected to:

  • Propose innovative savings and insurance models suited to sugar farming community;
  • Demonstrate proven experience in financial management, savings mobilization, or cooperative development;
  • Outline digital or mobile-enabled solutions (if applicable); and
  • Ensure compliance with Fiji’s financial, data protection and any other regulations.

Submission Requirements

EOIs must include:

  1. Company profile with relevant experience;
  2. Description of proposed savings or insurance product(s) or partnership approach;
  3. Evidence of compliance with regulatory requirements;
  4. Any promotional or marketing incentives;
  5. Contact details of authorized representatives.

SCGF reserves the right, at its sole discretion, to withdraw any invitation to EOI, re-advertise the EOI, reject any or all submissions, or accept only part of any submission. SCGF further reserves the right to negotiate with any respondent without obligation to provide any reason for such actions. SCGF is under no obligation to accept the lowest bid or any other offer. Finally, SCGF reserves the right to withdraw the EOI or modify the scope at any time, including after an offer letter has been signed by both parties unless a formal contract has been executed.