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Microcredit for Self Sufficiency Act of 1998

Introduced: June 10, 1998 Introduced by: Durbin, Richard J. Democratic · Illinois 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
Jun 10, 1998
Read twice and referred to the Committee on Foreign Relations.
Jun 10, 1998
Sponsor introductory remarks on measure. (CR S6037-6039)
Jun 10, 1998
Introduced in Senate
 Plain-English summary Congressional Research Service

Microcredit for Self-Sufficiency Act of 1998 - Authorizes the President to establish programs to provide through U.S. private voluntary organizations (PVOs) and other U.S. and indigenous nongovernmental organizations and credit institutions credit and other assistance for microenterprises in developing countries. Sets forth assistance eligibility criteria.

Authorizes funding allocations.

Directs the Administrator of the U.S. Agency for International Development (AID), in order to sustain the impact of such assistance, to establish a monitoring system that sets certain performance goals and provides a basis for recommendations for adjustments to enhance its benefit for the very poor, particularly women.

What's happening now June 10, 1998

Read twice and referred to the Committee on Foreign Relations.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 2 Republican 2