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International Youth Day 2012

August 09, 2012

Sunday, August 12 is International Youth Day, an annual observance supported by the United Nations (UN) calling attention to youth issues worldwide. In both developing and developed countries, young people face pressing global challenges, such as high levels of unemployment and subpar working conditions. They are seemingly left out while their leaders make decisions on their future. The UN provides
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Sharing OPIC’s story: A conversation with Judith Pryor, Vice President of Office of External Affairs

July 31, 2012

In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project success stories are what people are most interested in. People like to hear how two college friends who traveled through Brazil came up with the idea to introduce
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Expanding Horizons workshop heads to New York

June 26, 2012

OPIC’s upcoming Expanding Horizons workshop for businesses interested in expanding into emerging markets will be held in New York City, a region where many companies have already benefited from OPIC support. OPIC’s insurance and financing commitments to projects sponsored by businesses located in the state of New York have totaled $23.6 billion, according to data collected over the agency’s 40-year
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Extending the reach of microfinance

June 11, 2012

OPIC’s 2011 annual report takes a look back at the agency’s first 40 years and highlights some lending programs from the 1970s that delivered loans – sometimes in amounts less than $1,000 – to individuals and small businesses in developing countries. Decades before microfinance became widely recognized as an effective tool for supplying small loans to individuals and small businesses, OPIC was
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Six questions about impact investing

June 05, 2012

By: Mitchell L. Strauss, Special Advisor Socially Responsible Finance Investors 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. This Q&A explains the concept of Impact Investing, and why it offers the potential for such strong
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A pivotal year for foreign affairs, a banner year for OPIC: Read the fiscal 2011 annual report

May 22, 2012

OPIC recently published its annual report for fiscal 2011, a year that OPIC President and CEO Elizabeth Littlefield describes as “a pivotal year for foreign affairs and a banner year for the U.S. Government’s development finance institution.” Littlefield’s full letter is preinted below, and the complete annual report is available on OPIC.gov. When I embarked on my first full year at
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Microfinance support for small businesses in Israel

April 11, 2012

Small businesses are so universally recognized as a key “engine of the economy,” that that very phrase has become cliché. But the fact remains that banks prefer lending money to established organizations. This recent Times of Israel story explores that dilemma as well as the “magic of microfinance” in helping those small businesses make it big. It also shows how
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