The OPIC Blog

Archive for the Small business Tag

Featured photo: A mother prepares the family meal on a clean cookstove

This mother in Kumasi, Ghana handily operates a large cookstove made by Envirofit International, which is using OPIC financing to introduce cleaner cooking technology throughout the developing world. Indoor air pollution from unsafe cooking methods is a leading cause of indoor air pollution and a major health hazard in developing countries, and Envirofit of Fort Collins, Colorado has developed technologies Read more…

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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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How OPIC supports American small businesses from coast to coast

When OPIC kicks off its 2016 Expanding Horizons workshop series May 3 in Atlanta, it will mark the tenth anniversary of the program, which has traveled to New York, Miami, Seattle, Los Angeles and many more U.S. cities to educate American small businesses about the benefits of expanding into emerging markets. OPIC understands that small businesses can make important contributions Read more…

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Celebrating the tenth anniversary of Expanding Horizons

This year marks the tenth anniversary of OPIC’s working with small and medium-sized enterprises (SMEs) at our Expanding Horizons workshops. Expanding Horizons gives these small businesses valuable information about the finance and insurance tools we offer to help them expand into emerging markets. By partnering with OPIC, SMEs are better prepared to make a difference in the global market through Read more…

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10 years of small business outreach: A conversation with Dr. Lawrence Spinelli

One of OPIC’s longest running programs is the Expanding Horizons Workshop series to educate American small businesses about the ways OPIC and other U.S. Government Agencies can help them invest in emerging markets. The majority of development projects that OPIC supports are with American small and medium enterprises and Expanding Horizons has been a critical outreach tool. Since 2006, Expanding 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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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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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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OPIC’s Dia Martin speaks at conference for African entrepreneurs

Dia Martin, Director of OPIC Social Enterprise Finance, spoke at a panel, Building the Glocal Ecosystem: Bridging the Divide, at the Sankalp Africa Summit February 26th in Nairobi. Sankalp is a gathering of entrepreneurs, innovators, donors and investors, and Martin spoke at the event about OPIC’s commitment to impact investing in Africa, and the Portfolio for Impact program focused on Read more…

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Featured Photo: Empowering female farmers

A worker in Ghana prepares shea nuts for sale at a farm supported by OPIC partner Root Capital. Root is a Cambridge, Mass. nonprofit social investment fund that provides loans to rural farms in Latin America and Africa who cannot access traditional bank loans, and also provides additional education and training to help these farmers improve productivity and bring their Read more…

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