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Featured photo: Helping small farmers in Lebanon gain access to finance

July 02, 2015

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

June 25, 2015

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
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OPIC’s Impact Awards: A recap in pictures

May 21, 2015

OPIC recognized seven clients for excellence in development at the May 19 Impact Awards, which featured keynote addresses from Ambassador Susan Rice and Myron Brilliant of the U.S. Chamber of Commerce, a new video showcasing OPIC’s work, as well as clients from Sub-Saharan Africa to Latin America who have partnered with OPIC to improve people’s lives. Here’s a look at
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New video illustrates how OPIC supports development

May 20, 2015

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
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OPIC awards seven clients Impact Awards for excellence in development

May 19, 2015

OPIC recognized seven clients for excellence in development at its May 19 Impact Awards. Clients were recognized for projects that bring electricity to remote villages in India, financial services to small businesses in the Middle East, affordable education to poor families in Sub-Saharan Africa and much more. “It’s easy to think of international development in far-flung corners of the world
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Throwback Thursday: A look at why the world’s poor are a good credit risk

May 07, 2015

Does it make sense to lend to the world’s poorest people? Two years ago, OPIC Deputy Vice President John Aldonas tackled this question in a piece on The OPIC Blog, where he noted that microfinance lending can lead to explosive growth in productivity and help small businesses attain the scale they need to succeed. Because so much of OPIC’s work
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How OPIC supports American small businesses and American jobs

May 06, 2015

National Small Business Week recognizes the important contributions of America’s small businesses and entrepreneurs. At OPIC, it’s an occasion to remind small businesses that they can benefit from engaging in the global economy. OPIC recognizes that small businesses have a lot to gain from expanding into developing markets and they are often the ones most in need of financing or
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Jobs, local procurement and support for local enterprises: How OPIC supports small businesses in Michigan

April 29, 2015

OPIC kicks off its 2015 Expanding Horizons workshop series next week with a May 7 workshop in Detroit, where small businesses can learn about some of the opportunities of expanding into emerging markets and the OPIC finance and political risk insurance tools that can help support them. Because many of the world’s fastest-growing markets are in developing countries, expanding abroad
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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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Featured photo: Logistics startup employs hundreds in Tanzania

February 20, 2015

A truck driver and operations manager are just two of the 248 full-time workers employed in by Alistair James Co., which built a logistics and trucking company with the support of OPIC financing. In a region where limited rail lines and shipping ports makes businesses and local aid operations heavily reliant on trucking, U.S. businessman Alistair James built the company
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