The OPIC Blog

Archive for the Overseas Private Investment Corporation Tag

Featured Photo: Peruvian artisan turns craft into a successful business

Peruvian artisan, Inés Callanaupa, received financing through OPIC-partner Global Partnerships to grow her business and is an example of how OPIC reached a milestone of $1 billion in microfinance loans. Callanaupa has used the financing to turn her craft of textile weaving into a successful business that enables her to support her family and employ 45 other women. Many entrepreneurial Read more…

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Featured Photo: Elizabeth Littlefield meets with Ivorian President Ouattara

OPIC’s president and CEO, Elizabeth Littlefield met with the Côte d’Ivoire President Alassane Ouattara, on March 22nd to discuss growth and investment opportunities. Littlefield was in the country for the opening of OPIC’s regional office for West Africa, located in Abidjan, where she also attend the Africa CEO Forum. To recognize the office’s opening, Littlefield, along with a team from Read more…

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Partner spotlight: How MicroVest combines a commercial and social approach to microfinance investing

Earlier this week OPIC announced that it has surpassed $1 billion in financing to support microfinance investing around the world. Here, we look at one of our microfinance partners, Bethesda, Maryland-based MicroVest, which invests in microfinance institutions in over 30 developing countries. Here, MicroVest explains its approach to successful microfinance investing and the ways OPIC has supported it.  MicroVest has an 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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Desalination, irrigation, sanitation and more: How OPIC supports access to clean water in the developing world

Clean water is essential to life and also to addressing many of the world’s biggest development challenges from poverty to malnutrition. World leaders formally recognized the importance of water to development last year when they included access to water and sanitation for all as one of 17 goals that comprised the 2030 Agenda for Sustainable Development. OPIC has long supported Read more…

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Supporting emerging markets with innovative fund structures: OPIC’s Brooks Preston in PEHub

Brooks Preston, OPIC Vice President of Investment Funds, writes about OPIC’s Innovative Financial Intermediary Program (IFIP) in this piece in PEHub, explaining how innovative fund structures can support development. “In recent years, we started noticing a pattern,” Preston writes. “When we issued calls for proposals, some of the applying funds that showed strong promise for having a positive social impact Read more…

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New video illustrates how OPIC supports development

Developing countries are at the forefront of possibility in today’s world, but they also face significant challenges that are too great to be addressed by aid or the public sector alone. This new video illustrates how OPIC works with the private sector to address many of these challenges and make a positive difference in some of the poorest and most Read more…

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Featured photo: Medical Credit Fund, winner of OPIC Impact Award for Access to Finance

A healthcare professional weighs a newborn at the Mission Mbagala clinic on the outskirts of Dar es Salaam, Tanzania. The clinic was the recipient of an affordable loan from Medical Credit Fund, an OPIC-supported project and the recipient of the 2014 OPIC Impact Award for Access to Finance. Medical Credit Fund is the first lending institution of its kind in Read more…

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Featured photo: Helios Investment Partners, winner of OPIC Impact Award for Private Equity

Nicholas Aoama Oyiek, who owns a garage employing 20 people in Nairobi, is just one of the small business owners who have benefited from the support of Helios Investment Partners LLC, a private equity firm that is managed by Africans and invests exclusively in businesses in Sub-Saharan Africa. His success also helps illustrate the impact of OPIC’s support for emerging Read more…

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Schwab Foundation names Bridge International Academies one of 2014’s top social entrepreneurs

  Bridge International Academies, a low-cost network of schools in Kenya that is expanding with the support of OPIC financing, has been named one of the Social Entrepreneurs of the Year for 2014 by the Schwab Foundation for Social Entrepreneurship. Bridge’s innovative model offers high-quality education for less than $6 per student, per month to thousands of children in hundreds Read more…

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