Featured photo: Supporting thousands of women-owned businesses in Turkey
The owner of Real Optic, one of many women-owned businesses that has benefited from an OPIC project to support small business lending in Turkey, displays her merchandise at her store in Istanbul.
Real Optic is expanding with financing from a Turkiye Garanti Bankasi lending facility, which is being supported by a $400 million OPIC investment guarantee. The Bankasi facility focuses on small and medium enterprise lending with an emphasis on women-owned businesses.
One of the key ways OPIC supports development in emerging markets is by partnering with financial intermediaries to support lending to small businesses and other underserved populations that are critical to economic stability and job creation.