The OPIC Blog

Featured photo: A growing wool industry in Afghanistan

A livestock herder tends his flock

A livestock herder tends his flock in the foothills of the Hindu Kush mountains in Afghanistan. With the help of OPIC financing, Maryland-based American Wool & Cashmere has developed a regional infrastructure of centralized suppliers in western Afghanistan’s Herat Province who buy raw, unprocessed wool directly from herders like this. This infrastructure and new liquidity into this market for producers has helped the Afghan herders overcome the difficulties of a seasonal industry that had left them without payment for months at a time. Today Herat’s flourishing cashmere industry employs more than 1,500 women and older men who would otherwise have difficulty finding work. Read more

Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

Partner spotlight: How OPIC outreach workshops connect small businesses with the global market

In 2010 Milind Tavshikar (pictured) was a recent graduate of MIT’s Sloan School of Business with a winning business plan...

Four ways OPIC projects support access to water around the world

World Water Week seeks to highlight the key role that water plays in advancing global health and prosperity, and to...

Focus on OPIC’s diaspora partners: American Wool and Cashmere CEO Nesar Nusraty

(First in a series of posts looking at OPIC’s work with diaspora communities) In its work supporting development in emerging...