The OPIC Blog

Archive for the Small business 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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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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Featured Photo: Supporting small business in India with microloans

Entrepreneur Neelam Devi, pictured with her husband, holds a sheet of silkscreened tags created in her small screen-printing business in Patna, India. Once only contracted with clients in their small neighborhood, now has contracts more than 100 miles away. With a microfinance loan from OPIC partner client Ujjivan, the Devis have expanded their business and have been able to earn Read more…

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Featured Photo: Supporting entrepreneurs in India

A woman named Manjula, who owns a small dressmaking business in Bangalore, sends fabric to her shop. Manjula is one of the many entrepreneurs and small businesses that OPIC has supported through financing to the Indian microfinance institution Ujjivan alongside fellow lender Citi. Ujjivan offers a range of loans, from individual loans as small as $30, to group loans to Read more…

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Partner spotlight: How OPIC outreach workshops connect small businesses with the global market

In 2010 Milind Tavshikar (pictured) was a recent graduate of MIT’s Sloan School of Business with a winning business plan built around a technology he’d developed to lower the cost and improve the efficiency of shipping cargo. SmartKargo is a cloud-based RFID technology that uses handheld devices to scan cargo before it is loaded onto aircraft. Because it is cloud-based, Read more…

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Four ways OPIC projects support access to water around the world

World Water Week seeks to highlight the key role that water plays in advancing global health and prosperity, and to foster discussion around innovative and effective ways to increase access to water for drinking, agriculture and health and sanitation. This year the occasion follows closely on the heels of the U.N.’s Financing for Development conference last month and seeks to 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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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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