September 06, 2013
In honor of International Literacy Day on September 8, this week we feature a photo of a student at the International Community School in Kumasi, Ghana. An OPIC loan has helped fund the expansion of this K-12 school, which offers a rigorous curriculum that prepares students for college and careers. Read more about this story.
August 16, 2013
On August 15, OPIC Political Risk Insurance Director Brian O’Hanlon, American Council on Renewable Energy (ACORE) Senior Associate Risa Edelman, OPIC Renewable Resources Managing Director Lynn Tabernacki, and ACORE Vice President of Corporate Relations Tom Weirich hosted the Inaugural Meeting of ACORE’s International Programs Steering Committee. The Committee, which met with colleagues working in the renewable energy sector at OPIC’s Headquarters,
August 02, 2013
OPIC President and CEO Elizabeth Littlefield (far left) tours the Aga Khan Hospital and Medical College in Karachi during her July visit to Pakistan. An OPIC loan is supporting the renovation and expansion of the facility that will include the introduction of advanced equipment, a center for medical innovation and a program to subsidize healthcare for poorer patients throughout Pakistan.
July 19, 2013
OPIC President and CEO Elizabeth L. Littlefield visited the Karachi Stock Exchange on July 18 and rang the ceremonial gong to open trading. Littlefield is on a four-day tour of Pakistan to meet with business leaders and review some OPIC-supported projects in the country.
July 12, 2013
The Guatemala City flagship store of Cemaco, a family-owned business that operates 20 retail stores throughout Guatemala selling hardware, home goods ,toys and baby gear. OPIC, through a loan guaranty to World Business Capital, supported a $9,750,000 loan to help the business expand. The Cemaco retail chain currently has about 1,500 local employees and is committed to sustainable business practices
June 28, 2013
The mountaintop Mtatsminda restaurant and business complex in Tbilisi, Georgia was renovated with the support of a $10 million OPIC loan and will reopen on Saturday, June 29. This clip from a local news program highlights visits this week from U.S. Ambassador to Georgia, Richard Norland, and Kenneth Angel, Managing Director, Project Finance at OPIC.
June 21, 2013
Microfinance group members in Tlayacapan, Mexico meet to collect installments on a loan from Finca International, a U.S. microfinance institution with a global footprint in 21 countries. This all-women group of entrepreneurs who sell food, clothing and crafts in local markets has been a client of Finca Mexico for 10 years.
June 07, 2013
In Kenya, the U.S. Government’s Feed the Future initiative is working to improve food security and childhood nutrition by helping farmers introduce nutrient-rich crops to their farms and teaching families new recipes full of vitamins and minerals needed to ensure healthy growth. Read more here.
May 31, 2013
Candido Rodriguez, a farmer who lives and works in a rural region of Nicaragua, was able to purchase a solar panel with the help of a local microfinance institution, Fondo de Desarrollo Local (FDL), that offers flexible repayment in order to make solar products affordable to families who live off the electric grid. FDL is one of the many microfinance
May 17, 2013
Los Castanos de Choloma affordable housing project in Choloma, Honduras, was designed with a central park area that provides shelter from surrounding violence and encourages residents to maintain and take pride in their property. Inter-Mac International Inc. is using OPIC financing to build a community of 2,400 single-family homes that are affordable to working families earning minimum wage. Inter-Mac is