The OPIC Blog

Archive for the Impact investing Tag

Littlefield speaks on CSIS panel on impact investing

As impact investing evolves from a somewhat “clubby” sector to a mainstream investment tool, development finance institutions like OPIC are playing a key role, OPIC President and CEO Elizabeth Littlefield told a January 14 panel on impact investing. In addition to accounting for a large share of the total invested in the sector, DFIs are providing a source of “patient Read more…

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Partnering with business as a force for good in the world: A conversation with Elizabeth L. Littlefield

The year 2015 has been a banner year for OPIC with the Agency’s total portfolio reaching a record-high of almost $20 billion, new finance and insurance commitments totaling $4.4 billion and 43 percent of that total going to low-income countries. At the same time, OPIC has placed a strong focus on internal operations, taking steps to improve efficiency, expand staff Read more…

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OPIC marks a key anniversary as a self-sustaining government agency

Thirty-one years ago this month, OPIC presented President Ronald Reagan with a check for $50 million, making good on its promise to pay back every cent of the funds that Congress had allocated to start the agency in 1971. Reagan accepted the check and emphasized that OPIC’s success shows how “the private sector is the best engine for economic growth Read more…

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OPIC celebrates record-setting year in private sector-led development

                                    OPIC has announced $4.4 billion in new financing and insurance commitments in fiscal year 2015 to catalyze private sector-led development. The new projects that OPIC supported are expected to bring a total of $14 billion in development-focused investment to emerging economies. This Read more…

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Manjula’s story: A look at one of the many entrepreneurs supported by OPIC investment

In honor of Global Entrepreneurship Week we’re featuring this video of Manjula, an Indian factory worker turned entrepreneur who transformed her life with a small loan provided through an OPIC partnership with Citi. Dissatisfied with her work in a garment factory, Manjula was able to start a small apparel business using a loan from the Indian microfinance institution Ujjivan, which Read more…

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Education, the environment, and OPIC: Secretary Kerry acknowledges strides made in Central Asia

On October 31, Secretary John Kerry visited the American University of Central Asia (AUCA) in Bishkek, the capital of the Kyrgyz Republic, to commemorate the opening of a new, state-of-the-art campus.   Thanks to a $6 million loan from OPIC alongside USAID support, AUCA was able to construct the new campus, allowing the school to extend current programs and serve Read more…

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Featured photo: Kenyan woman giving back uses microfinance loan to open a school

In honor of Women’s Small Business Month, we’re featuring female entrepreneurs around the world who have benefited from OPIC financing. This picture shows schoolchildren in Rongai, Kenya heading to class Pine Breeze Academy, which was started by local entrepreneur Lillian Alwi. Alwi obtained loans from KWTF, a microfinance institution supported by OPIC, and was able to open the school, which 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: Malian woman supports family with restaurant business

In honor of Women’s Small Business Month, we’re featuring women in developing countries who have been able to start or grow a small business with the support of OPIC financing. The photo shows a mother of six in Mali preparing food to sell in her small restaurant that she has built with the help of microfinance loans from PAMIGA S.A., Read more…

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Ten facts and forecasts that illustrate the demand for renewable energy in the developing world

OPIC is an active participant this week in Secretary Kerry’s Climate and Clean Energy Investment Forum, focused on clean energy and energy efficiency in the developing world. As the forum kicked off on Oct. 20, OPIC President and CEO Elizabeth L. Littlefield moderated a panel on the Clean Energy Transformation that featured multiple companies that are active investors in the Read more…

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