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Snapshots in development: Annual report highlights OPIC’s far-reaching impact

April 06, 2015

From Vietnam to Afghanistan, Malawi and Brazil, OPIC supports projects that build power plants and water treatment facilities, increase access to food and healthcare, introduce cleaner sources of energy and help address poverty by building affordable housing and establishing loan facilities to support entrepreneurs and small businesses. OPIC’s 2014 annual report takes an in-depth look at the far-reaching impact of
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OPIC award-winning project highlights value of financial intermediaries in boosting small business lending

March 26, 2015

A milestone 2013 OPIC project to support lending to small businesses in Brazil was recognized earlier this month as Trade Finance Americas Deal of the Year by the international magazine, Trade Finance. OPIC committed a $400 million loan – alongside $80 million from Wells Fargo – in the project, which supports lending to underserved businesses, mostly in the lower-income parts of the country that
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In case you missed it: OPIC in Action – The story behind Sambazon

March 12, 2015

As one of the companies responsible for introducing the açaí berry – which is indigenous to Brazil – to the U.S. market, Sambazon sustainably processes and distributes açaí juice to the U.S. and beyond, providing income for 10,000 family farmers in Brazil. Development finance from OPIC was instrumental in the growth of the company, which has a crucial development impact
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Featured photo: California juice producer supports sustainability in the Amazon

February 13, 2015

Workers in Brazil offload baskets of açaí berries for processing at a local juicing facility established by Sambazon, a California company and OPIC client. Sambazon used an OPIC loan to build an açaí berry cultivation and processing warehouse in the country and today its business generates income for 10,000 family farmers in Brazil. Learn more about Sambazon and the company’s
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The story behind acai: How one small business helped make the rainforest “too valuable to cut down.”

February 12, 2015

Fourteen years ago, a business idea was hatched during a surfing vacation to Brazil when a group of friends from southern California discovered the tasty and nutrient-rich acai (ah-sigh-ee) berry. They started Sambazon (short for “sustainable management of the Brazilian Amazon”) to process the berries for sale in juices. But as a small startup, Sambazon faced difficulty obtaining credit. In
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Beyond BRIC: The next economic giants

January 15, 2014

  It’s been 13 years since economist Jim O’Neill coined the term BRIC to refer to the four developing countries (Brazil, Russia, India and China) enjoying strong economic growth and promise rivaling or surpassing that seen in the developed world. Since then, many countries beyond the BRIC four have also started enjoying accelerated growth and economic promise in the developing
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Measuring and monitoring impact: Five ways development impacts lives (Part Three in a series)

November 06, 2013

This post is the third in a series on OPIC’s work measuring and monitoring the developmental impact of the projects it supports. To view the previous posts click here and here. Some benefits of an investment in a developing country are obvious. A new power plant, for example, provides a reliable source of electricity to people who may have been
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Featured Photo: Building a wind power farm in Peru

September 27, 2013

Workers assemble a wind turbine in northwestern Peru as part of the largest wind farm project in South America outside of Brazil. OPIC is in the process of structuring a $193 million OPIC loan to ContourGlobal Ltd. for the project, which will provide vital energy to a country that has enjoyed strong economic growth during the past decade but lacked
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OPIC board approves seven new deals at September meeting

September 26, 2013

OPIC’s Board of Directors held its final meeting of the fiscal year on September 19 and approved deals in Africa, the Middle East and Latin America that will improve access to electricity, small business lending, and healthcare while supporting U.S. investment in developing countries. The deals approved include: Small business lending in Kenya: OPIC agreed to provide a $75 million
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Sharing OPIC’s story: A conversation with Judith Pryor, Vice President of Office of External Affairs

July 31, 2012

In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project success stories are what people are most interested in. People like to hear how two college friends who traveled through Brazil came up with the idea to introduce
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