The OPIC Blog

Archive for the 'OPIC Impact Awards' Category

OPIC to honor seven clients making a positive impact in emerging markets

OPIC is proud to recognize some of our outstanding partners with our 2016 OPIC Impact Awards for excellence in development. The awards, which will be presented on July 7, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in critical infrastructure, healthcare, education, agriculture, renewable energy, access to finance and other sectors are making a positive Read more…

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A “blueprint” for supporting small farmers: The Boston Globe features OPIC partner Root Capital

“In most countries, economic prosperity comes from small businesses, yet in the developing world, many businesses fail to thrive, or fail period, because they are systematically locked out of the banking sector,” Willy Foote founder and CEO of OPIC partner Root Capital, explains in this Boston Globe profile. “We’re trying to create a blueprint for how you lend in these Read more…

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Supporting job creation and economic growth in Asia-Pacific: A conversation with OPIC’s Geoffrey Tan

While the vast majority of OPIC’s staff is based in Washington, the Agency has in recent years established a handful of small local offices to support business development in key regions. Geoffrey Tan, OPIC Managing Director for Asia-Pacific, relocated last year to Bangkok, where he heads outreach and business development across a long list of countries in the region. Here Read more…

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Featured Photo: Expanding food production in Georgia

Workers at the Sante GMT factory inspect dairy products produced from milk sourced from thousands of local Georgian farms. Sante GMT has used $17.6 million in loans from OPIC to upgrade and expand an old dairy processing facility and to establish a series of milk collection centers, which has generated income for thousands of rural farmers who previously had no Read more…

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Featured photo: Helping small farmers in Lebanon gain access to finance

Ghada El Sheikh, a small scale farmer in Lebanon, used a loan from Global Communities to purchase fertilizer and irrigation equipment to help her generate more income for her family. Global Communities’ microfinance lending in Lebanon is supported by $20 million in OPIC financing, which has helped it provide nearly 36,000 loans to small businesses, entrepreneurs and farmers – like Read more…

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Throwback Thursday: A look at the 2014 inaugural OPIC Impact Award winners

As we wrap up the 2015 OPIC Impact Awards recognizing the work of seven clients who demonstrated excellence in development, we wanted to look back at last year’s inaugural awards, the first time we hosted an event to formally honor the diverse work of our clients and the positive impact they are having around the world. The inaugural 2014 awards Read more…

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We’re all in this together: OPIC Impact Awards highlight the power of our partnerships

By Judith Pryor Vice President, OPIC Office of External Affairs One of the realities of working for a small agency like OPIC that supports development in more than 100 countries around the world is that it’s difficult to get many of our partners in the same room together to honor the important work they are doing. It is the same Read more…

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Focus on Impact Award Winners: CSI Latina Financial Inc.

OPIC is committed to helping American small businesses expand into fast-growing emerging markets. Over the past five years, small and medium enterprises have accounted for almost 75% of the projects that have received OPIC support. Last month, OPIC awarded one of its small business clients, CSI Latina Financial Inc., an OPIC Impact Award in the American Small Business category. CSI Read more…

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Focus on OPIC Impact Award Winners: Belstar Development, LLC

Last month at the 2015 Impact Awards, OPIC recognized Belstar Development, LLC for excellence in development in the innovation category. Belstar is a Miami company that is serving as the lead investor in Ghana’s National Medical Equipment Modernization project, a massive undertaking to improve the quality of healthcare in 100 hospitals across all 10 of Ghana’s administrative regions. OPIC is Read more…

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Featured Photo: Supporting harvests with microfinance

A woman harvests her crop with support from a microfinance loan from Massachusetts-based Root Capital. OPIC provided Root Capital with $20 million in OPIC financing for their work with supporting agribusinesses throughout Africa, Asia and Latin America. On May 19, Root Capital received the 2015 OPIC Impact Award for Renewable Resources. Read more about Root Capital and all the OPIC Read more…

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