The OPIC Blog

Archive for the Small business Tag

Featured photo: A growing wool industry in Afghanistan

A livestock herder tends his flock in the foothills of the Hindu Kush mountains in Afghanistan. With the help of OPIC financing, Maryland-based American Wool & Cashmere has developed a regional infrastructure of centralized suppliers in western Afghanistan’s Herat Province who buy raw, unprocessed wool directly from herders like this. This infrastructure and new liquidity into this market for producers Read more…

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Featured photo: OPIC financing supports small businesses in Jordan

An employee of a small, family-owned chocolate manufacturer in Amman, Jordan prepares chocolates for packaging and sale throughout the country. The business is one of multiple small businesses that have received start-up loans from a Jordanian bank guaranteed through OPIC’s loan guaranty facility program, which is designed to promote lending to the small local businesses that are a critical part of 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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Spotlight on OPIC Impact Award winners: Ellicott Dredges

Small businesses comprise the majority of all firms in the U.S. economy, and are powerful engines of job creation at home as well as drivers of development, innovative solutions, and economic efficiency in scores of developing nations. Small businesses can also face far tougher challengers than established multinationals when they do business abroad, so it is both fitting and instructive Read more…

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Big visions, greater rewards – a look at the OPIC Impact Awards

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation It’s hard to believe that the inaugural OPIC Impact Awards ceremony, which was held Tuesday, March 11, has already come and gone. I couldn’t think of a better way to showcase all that the Overseas Private Investment Corporation embodies than by honoring the outstanding work of several Read more…

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OPIC’s Impact Awards: A recap in photos

OPIC’s March 11 inaugural Impact Awards ceremony was a big success and helped us highlight the ways our clients are making a difference around the world. In this post we showcase the winners. Global Partnerships: Access to Finance Award OPIC loan recipient Global Partnerships, one of the three clients awarded the Access to Finance award, facilitates small microfinance loans in Read more…

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Spotlight on OPIC’s Impact Award in the American small business category

The inaugural OPIC Impact Awards event, set to take place next Tuesday, will highlight exceptional projects across six categories, including Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity, and American Small Business. This post, the final in the series, spotlights American Small Business. In supporting U.S. private sector investment in emerging markets, OPIC works with businesses of all sizes Read more…

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Supporting growth of women-owned businesses through training and loan guarantees

By Arun Hsu, Chief of Party, Jordan Loan Guarantee Facility Small and medium enterprises (SMEs) are key to innovation and an engine of economic growth and job creation in the Middle East and North Africa (MENA) region. Despite the crucial role SMEs play in the region’s economies, they often have great difficulty accessing the financing needed for start-up and growth. Read more…

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Announcing the inaugural OPIC Impact Awards

OPIC is proud to recognize some of our outstanding partners with our first ever OPIC Impact Awards for excellence in development finance.  The awards, which will be given out at a ceremony on March 11, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in clean energy, infrastructure, healthcare and other sectors Read more…

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OPIC’s impact in California: Jobs, exports and expanded opportunities for small businesses

Investing abroad pays dividends at home. On Wednesday November 13, OPIC hosted its latest Expanding Horizons workshop in San Jose, California, where more than 170 businesses heard about the finance and insurance tools that OPIC provides to support American companies seeking to expand their operations overseas. Because many of the world’s fastest-growing markets are in developing countries, expanding abroad can Read more…

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