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The OPIC Blog


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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A world of opportunity: OPIC’s interactive map feature

March 05, 2013

  OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range
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OPIC monitoring trip to Kenya: Big plans becoming reality

February 19, 2013

By: Tim Harwood An interdepartmental OPIC team traveled to Kenya in 2012 to monitor the performance of three financial institutions whose microfinance lending is supported by the agency: Musoni, the Kenya Women’s Finance Trust  DTM Ltd (KWFT), and Equity Bank. Over the course of three days, members of OPIC’s Office of Investment Policy, Portfolio Management Department, Small and Medium-sized Enterprise Finance
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Featured photo: Supporting small businesses in Africa

February 08, 2013

In Nairobi, Kenya, Equity Bank CEO Dr. James Mwangi (center) introduces OPIC President and CEO Elizabeth Littlefield to Equity Bank agent Maureen Wambugu (right). One of the bank’s community branches is surrounded by several local businesses, including a second hand shoe trader, whose owner used an Equity Bank micro loan to expand his business. OPIC is providing $8.45 million in
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Growing Micro Entrepreneurs in Jordan

February 07, 2013

Jordanian micro entrepreneurs and small businesses – vital engines of the country’s economy but too often lacking access to long-term capital – received a significant boost in the form of a $2 million loan from OPIC through its partnership with Citibank N.A. Jordan. The loan will support the growth of the Microfinance portfolio of Tamweelcom, the leading microfinance institution in
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Meeting the global unemployment challenge

January 31, 2013

A report earlier this month from the International Finance Corporation (IFC) offered some staggering measures of worldwide unemployment. IFC said there are currently 200 million people unemployed around the world – a number roughly equivalent to the population of Brazil — and that the developing world will need to create some 600 million new jobs by the year 2020, just
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OPIC and the global microfinance industry

November 19, 2012

One of the core ways that OPIC carries out its mission to help channel private capital to address the world’s toughest development challenges is by working with microfinance institutions. In this guest post on the CGAP Microfinance Blog, Richard Greenberg and Loren Rodwin, Managing Directors, Micro and SME Finance at OPIC, outline some of the key ways OPIC is working
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It’s as simple as a stove

August 30, 2012

How one appliance can saves lives, empower women, and reduce pollution in the developing world. By Mimi Alemayehou Nearly every mother’s daily routine includes making meals for her children no matter where on this planet she happens to live. In the U.S., we have a range of easy, efficient appliances to choose from when preparing a meal – stovetop, oven,
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Kifaru Youth Group

August 03, 2012

Members of the Kifaru Youth Group, a microfinance loan group based in the Nairobi suburb of Kawangware, meets in June to update their finances. The group is supported with microloans from Equity Bank’s Kawangware branch, which opened in 2007 and has since seen its customer base grow from 5000 members to 80,000. “Kawangware is a slum that is becoming a
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Making education a community effort

July 26, 2012

Earlier this year, we featured some photos from our Netketabi project in the West Bank, which is supporting a program to sell laptop computers stocked with books and other educational materials, to families with school-age children. We recently checked in the project sponsors who report that 7,500 computers have been purchased through the program to date. Students are using the computers 
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