Posts Tagged ‘Overseas Private Investment Corporation’

OPIC $25 million loan to ProCredit to boost SME lending

Microfinance Focus, Nov. 30, 2009 : The Overseas Private Investment Corporation (OPIC) recently approved a $25 million loan ProCredit Holding (PCH) to boost lending to expand lending to micro and small and medium-sized enterprises (SMEs). The OPIC loan will provide PCH, the parent company for 22 financial subsidiaries worldwide which provide finance for micro and small businesses in developing countries, with capital in order to expand ... Full story

OPIC Board Approves $125 MN Microfinance Fund for Latin America

Microfinance Focus, November 22, 2009: The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $125 million for a microfinance growth fund that will provide much-need capital to microfinance institutions (MFIs) in Latin America and the Caribbean, said a statement. President Obama announced establishment of the fund at the Summit of the Americas in April, as a response to the impact of the ... Full story
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