The OPIC Blog

Archive for the OPIC Impact Awards Tag

OPIC partners pay back

Last year, OPIC recognized its partner Sante GMT with an Impact Award for development impact. This year, the Georgia producer of milk and dairy products, which has helped create income for thousands of rural Georgian farmers, earned a different distinction, joining the long list of OPIC partners that have repaid their loans in full. In 2007, OPIC provided Sante with 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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Featured photo: Helping small farmers in Lebanon gain access to finance

Ghada El Sheikh, a small scale farmer in Lebanon, used a loan from Global Communities to purchase fertilizer and irrigation equipment to help her generate more income for her family. Global Communities’ microfinance lending in Lebanon is supported by $20 million in OPIC financing, which has helped it provide nearly 36,000 loans to small businesses, entrepreneurs and farmers – like Read more…

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Featured Photo: Illuminating remote Indian villages with solar power

Children do their school homework under a solar light provided by Simpa Networks, a Seattle company and OPIC client that used OPIC financing to introduce affordable solar power technology in remote Indian villages. Last month Simpa Networks received the 2015 OPIC Impact Award for excellence in development in the Renewable Energy category.

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Throwback Thursday: A look at the 2014 inaugural OPIC Impact Award winners

As we wrap up the 2015 OPIC Impact Awards recognizing the work of seven clients who demonstrated excellence in development, we wanted to look back at last year’s inaugural awards, the first time we hosted an event to formally honor the diverse work of our clients and the positive impact they are having around the world. The inaugural 2014 awards Read more…

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Focus on OPIC Impact Award Winners: Global Communities

Just like roads, power plants and other physical infrastructure are essential to the success of a community, so too is financial infrastructure. If you want to promote widespread opportunity, economic growth and job creation, you have to give people the tools to enable them to save for the future, fund increased agricultural production, and start and expand small businesses. Financial Read more…

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Focus on OPIC Impact Award Winner: Bridge International Academies (Development Impact)

OPIC’s mission to leverage private business to help address the world’s most critical development challenges takes many shapes and operates at different scales. But one of the most direct and foundational cases of this development mission carried out through an impact-minded business plan is through OPIC’s partnership with Bridge International Academies, a winner of OPIC’s 2015 Impact Awards in the Read more…

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Featured Photo: Expanding access to modern healthcare in Ghana

Healthcare workers in Ghana tend to patients in a mobile clinic, part of the Ghana National Medical Equipment Project, a sweeping and ambitious program to update the country’s medical network by introducing advanced technology, expand training and use mobile clinics equipped with backup generators to reach remote regions where access to electricity is limited. The lead investor in the project 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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Focus on OPIC Impact Award winners: Sante GMT

OPIC works hard to ensure the projects it supports will deliver a strong and positive impact in the host country and often these benefits extend far beyond the stated mission of the project. That’s the case with Sante GMT, a producer of milk and dairy products in Georgia, which won one of two Impact Awards given this year in the Read more…

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