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HR 4511 103th Congress House International Affairs American economic assistance Commerce Developing countries Economics and Public Finance Foreign Trade and International Finance Foreign loans Planning-programming-budgeting Poor Public Lands and Natural Resources Small business Sustainable development Women Women in business

Microenterprise Development Act of 1994

Introduced: May 26, 1994 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 1994
Referred to the House Committee on Foreign Affairs.
May 26, 1994
Sponsor introductory remarks on measure. (CR E1109-1110)
May 26, 1994
Introduced in House
 Plain-English summary Congressional Research Service

Microenterprise Development Act of 1994 - Amends the Foreign Assistance Act of 1961 to authorize the Administrator of the Agency for International Development (AID) to provide for programs of credit and other assistance for microenterprises in developing countries.

Requires a significant portion of such assistance to be used for poverty lending programs.

Directs the Administrator to strengthen appropriate mechanisms for purposes of: (1) providing technical support for AID field missions; (2) strengthening the institutional development of intermediary organizations; and (3) sharing information relating to the provision of assistance between field missions and such organizations.

Requires the Administrator to establish a monitoring system that: (1) establishes performance goals for such assistance and expresses such goals in an objective and quantifiable form; (2) establishes performance indicators to be used in assessing such assistance; and (3) provides a basis for recommendations for adjustments to such assistance to enhance the sustainable development impact of such assistance.

What's happening now May 26, 1994

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1