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OPIC partners pay back

OPIC is able to operate as a self-sustaining U.S. Government agency because it works with clients that have strong business plans for supporting development, and generates money from the projects it supports. In fiscal year 2016 alone, 44 OPIC partners repaid their OPIC loans in full, representing a total of more than $1 billion repaid over the life of the loans.

Over the past couple of years, we’ve featured several of our partners that repaid their loans in full. Here are some of their stories:

infrastructure,  Aeris Holding, Juan Santamaria International Airport, Costa Rica, impact investing, infrastructure, project finance, pay back OPIC loans, OPIC financing, emerging market, Overseas Private Investment CorporationExpanding a major airport in Latin America. OPIC provided $55 million in financing to Aeris Holding, the operating company of the Juan Santamaria International Airport in San Jose, Costa Rica, for major restructuring that doubles the passenger capacity of one of the busiest airports in Central America. Learn more

​​​​​​​energy, energy efficiency, coca cola, power plant, electricity, thermal energy, carbon dioxide, beverage, fuel, energy production, reduce CO2,  ContourGlobal, impact investing, infrastructure, project finance, pay back OPIC loans, OPIC financing, emerging marketImproving energy efficiency. New York-based ContourGlobal used a $104 million OPIC loan to finance the construction of a series of combined heat and power plants to improve energy efficiency in developing countries. Learn more

 

QuantumID, SmartKargo, India cargo transportation, cargo technology, RFID, small business loan, entrepreneur, world development, impact investing, project finance, pay back OPIC loans, OPIC financing, emerging market, Overseas Private Investment Corporation, OPICIntroducing affordable cloud-based cargo tracking technology. QuantumID Technologies used a $3 million OPIC loan to introduce a handheld RFID cargo tracking technology in India to make cargo shipping more affordable and reliable for small businesses. Learn more

 

Sante, Georgia, dairy, milk, food security, entrepreneur, world development, impact investing, project finance, pay back OPIC loans, OPIC financing, emerging market, Overseas Private Investment Corporation, OPICUpgrading Georgia’s dairy industry. OPIC provided Sante GMT with a $4 million loan, which it used to expand and modernize its production facility in Georgia, in a project that also helped create income for thousands of rural Georgian farmers. Learn more

 

​​​​​​​eye care, health care, Eye Fund, reducing blindness, world development, impact investing, project finance, pay back OPIC loans, OPIC financing, emerging market, Overseas Private Investment Corporation, OPIC​​​​​​​Bringing eye care to the poorest. OPIC committed a $5 million loan to the Eye Fund I, a socially-focused nonprofit investment fund committed to reducing blindness around the world by providing financing for the hospitals and clinics that serve the poor. The Eye Fund has since helped support almost 50,000 sight-saving surgeries and repaid their loan in full. Learn more

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Read more about some of the other OPIC partners that have repaid their loans in full

American International School of Abuja
Global Partnerships
International Community School in Kumasi, Ghana

 

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