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Featured Photo: Home improvement loans backed by OPIC keep Cambodian architecture alive

March 29, 2013

OPIC Managing Director of Micro and SME Finance Loren Rodwin, left, visits the home of Pen Phalla, center, a Cambodian grocery store owner who is using a $3000 home improvement loan to expand her house and business in the traditional Khmer architectural style. A Cambodian microfinance institution, Thaneakea Phum (Cambodia), Ltd. (TPC), is using a $5 million OPIC loan to
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Political risk insurance at work: Mali school operates amid political turmoil

March 25, 2013

When in 2011 OPIC provided political risk insurance in connection with the American International School of Bamako in Mali, the West African nation was a stable democracy. The insurance protects against loss of business income, including evacuation expenses, resulting from political violence. Political risk insurance, like all insurance, is a product that the buyer never hopes will be used. But
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Featured photo: OPIC leadership meets with Senator Shaheen and Senator Ayotte

March 22, 2013

OPIC President and CEO Elizabeth Littlefield and OPIC Board Member and New Hampshire native Jim Demers met with U.S. Senators Jeanne Shaheen (D-NH) and Kelly Ayotte (R-NH) to discuss OPIC’s ongoing efforts to encourage U.S. private sector investment in emerging markets. OPIC helps private sector companies break into emerging markets overseas to create jobs and growth opportunities here at home.
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World Water Day highlights need for clean water, sanitation in developing world

March 22, 2013

Friday, March 22 is the United Nations World Water Day, held annually to raise awareness of the importance of fresh water and advocate for the sustainable management of freshwater resources.  Each year a specific aspect of water management is highlighted. In 2013, in reflection of the International Year of Water Cooperation, World Water Day is dedicated to the theme of
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By rays or by breeze, OPIC projects account for more than half of response to Peru’s first renewable energy auction

March 21, 2013

By: Tim Harwood OPIC Board approval today of $193 million in financing for the first large-scale wind project on Peru’s power grid means that when the project’s power generation commitment is added to that of two solar projects that the Board approved in 2011 and 2012 OPIC will have supported more than half of the power generated by private sector responses
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OPIC rocks Cleveland with Expanding Horizons seminar for Ohio small businesses

March 15, 2013

By: Tim Harwood OPIC kicked off its 2013 Expanding Horizons series in Cleveland yesterday  by educating 100 Ohio small business owners about how OPIC products can help them take advantage of investment opportunities in emerging markets – the very markets where a majority of the world’s economic growth will take place in coming years.    Co-hosted with the Minority Business
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‘Instant credibility in a foreign market’

March 15, 2013

By: Tim Harwood Each year, OPIC holds Expanding Horizons events around the country to educate U.S. small businesses about investment opportunities in emerging markets – and the OPIC products available to help make the most of them. This week, OPIC travels to Ohio, home state of DLZ Corporation, an engineering firm that used a $5 million OPIC loan to rehabilitate
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Featured photo: From Ohio to India

March 15, 2013

The 10 megawatt Bhandardara Power House hydro plant in India’s Maharashtra State, was rehabilitated and reopened in 2001 by DLZ Corp., of Columbus, Ohio with the support of a $5 million loan. The plant, which was originally built by the local Maharashtra government, had been rendered inoperative after a fire in 1996. DLZ, a civil engineering company, is one of
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OPIC and TPC, local MFI, support home improvement loans for low-income Cambodians, with a nod to architectural past

March 13, 2013

By Loren Rodwin, OPIC Managing Director of Micro and SME Finance Traveling through Phnom Penh, one learns quickly that Cambodia is not only a land of great physical beauty, but keeper of a stunning architectural inheritance, too.  And how Cambodians keep it: the Khmer-style temples that dot the capital’s avenues are both jaw-dropping in their look and pristine in their
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International Women’s Day: Six ways OPIC supports women around the world

March 08, 2013

By Judith Pryor, Vice President, OPIC Office of External Affairs Since 1987, the United States has recognized March as Women’s History Month, and since the early 1900s, International Women’s Day has been observed all over the world. This year’s theme, “The Gender Agenda: Gaining Momentum,” recognizes that equality is an essential part of a modern progressive world. The theme is
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