The OPIC Blog

Archive for the Small business Tag

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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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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