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The OPIC Blog
Measuring developmental impact: A look at Broad Cove Ecohomes LiberiaAugust 20, 2012In 2011, OPIC provided a $1.9 million loan to Broad Cove Ecohomes, Liberia, the U.S. developer of middle-income homes in Liberia, where years of civil war had resulted in a wave of migration to the capital city of Monrovia, and left a severe shortage of affordable housing. In addition to its plans to build 80 single-family homes and adjacent community 
Featured Photo: Affordable, Sustainable Homes in LiberiaAugust 17, 2012Housing 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. 
Six questions about Impact InvestingJune 05, 2012Investors are increasingly talking about “Impact Investing,” but the practice is not new to OPIC, which has a 40-year history of transforming private capital into solutions for common social and environmental challenges around the world. Here OPIC explains the concept of Impact Investing, and why it offers the potential for such strong financial returns. Last fall, OPIC announced a “historic Can financial innovation save the world? Elizabeth Littlefield weighs in.June 01, 2012A recent piece in The Atlantic explores investors’ growing interest in Impact Investing. The piece describes impact investors and those “who want to use finance to make more food, cleaner water, better healthcare, smarter children and a richer bottom-of-the-pyramid.” It sounds like a tall order, but OPIC has long understood that investing in comon challenges such as access to education, financial inclusion, housing, health Low-income housing in South Africa (photos)August 26, 2011OPIC’s 2002 loan guaranty to a South African lender has led to the construction of thousands of homes for low-incomeresidents in South Africa, while supporting may small construction businesses and creating jobs. The project is outlined in more detail on OPIC’s website. Below are some photos. Project Snapshot: Opening a door to homeownership in South AfricaAugust 23, 2011Site South Africa Sector Housing Challenge Large numbers of homeless in South Africa needed housing but even with government subsidies in place, local builders were often unable to obtain bank loans for construction projects. Solution OPIC, together with the Soros Foundation, provided a loan guaranty to a major South African bank to support lending to homebuilders through the country’s National |
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