Featured Photo: Supporting producers of bird’s eye chili peppers
- In Eastern Uganda, bird’s eye chili pepper farmers are producing more chili peppers and connecting to larger markets. OPIC partner and 2015 OPIC Impact Award winner Root Capital, not only provides small loans when commercial financing is not available, but provides training and support to help farmers produce more food and connect to larger markets. With Root’s support, many of these small farmers have been able to sell to major food retailers like Whole Foods and Starbucks. Today, Root has over $100 million in active loans supporting very small farmers from Latin American to Sub-Saharan Africa.
Root Capital, along with QuantumID, will be on a panel at Global Entrepreneurship Summit 2016, discussing how the U.S. government catalyzes investment in emerging markets. They will discuss how the U.S. government supports entrepreneurs to drive economic growth, scale development innovations, and combat poverty.