The OPIC Blog

Archive for the Latin America Tag

Featured Photo: Helping low income families purchase homes

In Nicaragua, a boy steps out of his home that his family was able to purchase with a microfinance loan from OPIC-supported MicroBuild. Millions of people throughout the developing world lack access to formal financial services like bank mortgages, but the microfinance lending supported by Atlanta-based Habitat for Humanity’s MicroBuild Fund has help support microfinance lending for housing to people Read more…

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OPIC’s Littlefield on Medium blog: Microfinance, charting new territory

OPIC, recently announced surpassing $1 billion in microfinance support, and has been taking a closer look at our microfinance portfolio. This week on Medium, OPIC President and CEO Elizabeth L. Littlefield discusses why OPIC’s microfinance investments have a strong, positive developmental impact in host countries, while also performing well in OPIC’s portfolio. OPIC’s highly diversified microfinance portfolio spans than 180 Read more…

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Advancing development by investing in microfinance: OPIC’s Richard Greenberg explains

OPIC, which has actively supported microfinance investment for more than a decade, recently announced that it has surpassed the $1 billion mark in financing to support microfinance projects around the world. Here, Richard Greenberg, OPIC Managing Director, OPIC Micro and SME Finance, discusses the important role microfinance places in OPIC’s development mission, and why OPIC financing plays an important role Read more…

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Slideshow: How OPIC invests in women

By investing in development, OPIC invests in women. As the world marks International Women’s Day, these images show some of the women who have benefited from our work. Helping farmers in Africa earn more income. OPIC supports multiple projects, such as the One Acre Fund, that provide financing and training to smallholder farmers so they can grow more food and Read more…

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OPIC partners pay back

Part 2 in an ongoing series Five years ago, OPIC agreed to provide $55 million financing to Aeris Holding, the operating company of the Juan Santamaria International Airport in San Jose, Costa Rica, to complete a major restructuring that would double the passenger capacity of one of the busiest airports in Central America. Aeris recently  joined a long list of Read more…

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Supporting development by strengthening local airports

OPIC’s ability to provide large amounts of financing with long tenors makes it uniquely suited to support major infrastructure projects that require large investments of time and money. In recent years, OPIC financing has supported the construction or expansion of three airports in Latin America. The expansion of the Mariscal Sucre Airport in Quito, Ecuador. The privatization and reconstruction of Read more…

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By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

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Featured photo: Introducing clean cookstoves in Ghana

  Women in Accra, Ghana prepare food on a clean cookstove made by OPIC partner Envirofit International, a Fort Collins, Colorado company that is introducing low-cost cookstoves in the developing world. OPIC has committed $4 million in financing to help Envirofit introduce more cookstoves in Africa, Asia and Latin America. Unsafe cooking techniques are a major health threat across the 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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Focus on OPIC Impact Award Winners: Root Capital

In recent years as OPIC has increased its focus on renewable resources, it has supported investments not just in renewable energy sources like solar and wind power, but also in clean water, forest preservation and sustainable agriculture, which are all essential to feeding a growing planet. There may be no resource more fundamental than food, but many of the world’s Read more…

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