October 12, 2012
Lillian Alwi, right, leads students in song at the Ongata Pine Breeze Academy outside Nairobi, Kenya. As school director, Alwi has used two loans from the Kenya Women’s Finance Trust (KWFT) to build Pine Breeze into a bustling source of hope for more than 500 children from a poor community in the Ngong Hills – “my passion,” she says. OPIC Read more…
September 28, 2012
OPIC President and CEO Elizabeth Littlefield met with Malawian President Joyce Banda this week at the Waldorf Astoria Hotel in New York. Their meeting coincided with the opening of the 67th session of the U.N, General Assembly and Ms. Littlefield’s participation in the Clinton Global Initiative. Ms. Littlefield said OPIC in interested in helping Malawi develop its economy and create Read more…
September 21, 2012
The Harmelia sunflower farm near Kharkiv in Ukraine, the world’s largest producer of sunflower oil. OPIC is an investor in the project through its support for the SigmaBleyzer Investment Fund for Southeast Europe. The project is having a positive developmental impact to Ukraine by introducing advanced crop management technology to the farm, which also produces, corn, wheat and rapeseed.
September 13, 2012
Paraguayan entrepreneur Mercedes Cabrera de Idiarte started a clothing manufacturing business with five sewing machines, and today has 25 machines, 36 employees and sells apparel across Paraguay, generating annual revenue of 200 million guarani (about USD $45,000). Cabrera began working with the local Banco Familiar 19 years ago and her credit line with has risen to 15 million guarani. She used Read more…
August 31, 2012
It is fitting that the focus of this year’s World Water Week is the connection between water security and food security. It has been an unusually dry summer throughout much of the U.S., and a drought in even a single major food-producing country poses an additional threat to world food prices, which are already at an all-time high. Even before Read more…
August 24, 2012
A field in Mexico uses a drip tape irrigation system provided by Wade Rain Inc., a small business based in Tualatin, Oregon. Wade Rain’s Mexican subsidiary sells irrigation equipment — most of it manufactured in the U.S. — to small farms in central Mexico and has helped introduce more efficient irrigation technologies such as drip tape, in which long lines Read more…
August 17, 2012
Housing construction at the site of Broad Cove Ecohomes, Liberia outside of Monrovia. Broad Cove is using an OPIC loan to build moderately-priced houses in a region where affordable housing is virtually nonexistent. Broad Cove is using renewable and locally-sourced materials including bricks made from compressed earth and cement which will keep the houses naturally cool.
August 07, 2012
OPIC President and CEO Elizabeth Littlefield at U.S.-South Africa Business Partnership Summit. OPIC President and CEO Elizabeth Littlefield at U.S.-South Africa Business Partnership Summit with The Honorable Robert Hormats, Undersecretary for Economic Growth, Energy & the Environment, U.S. Department of State; The Honorable Fred Hochberg, Chairman and President, Export-Import Bank of the United States; Mr. Paul Talley, Chief Operating Read more…
August 03, 2012
Members of the Kifaru Youth Group, a microfinance loan group based in the Nairobi suburb of Kawangware, meets in June to update their finances. The group is supported with microloans from Equity Bank’s Kawangware branch, which opened in 2007 and has since seen its customer base grow from 5000 members to 80,000. “Kawangware is a slum that is becoming a Read more…
July 27, 2012
The head agronomist at the Forestry Agricultural Investment Management (FAIM) farm in Rwamagana, Rwanda. FAIM is applying its plant propagation technology to improve crop yields, and obtained a loan from OPIC in 2012 to support its work in Rwanda, the most densely populated country in Africa, where many families suffer from food insecurity and malnutrition. While a majority of Rwandans are Read more…
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