Microcredit for Self-Reliance Act of 1997

Summary

Microcredit for Self-Reliance Act of 1997 - Authorizes the President to provide through U.S. and indigenous nongovernmental organizations and credit institutions credit and other assistance for microenterprises in developing countries. Sets forth assistance eligibility criteria. Authorizes funds allocations. Directs the Administrator of the U.S. Agency for International Development, in order to maximize the sustainable development impact of such assistance, to establish a monitoring system that sets certain performance goals for it. Authorizes appropriations for the U.S. contribution to the International Fund for Agricultural Development (IFAD) only to provide grants to nongovernmental organizations and other private community-based microenterprise institutions serving the poor, especially women. Directs the President to urge other IFAD donor nations to contribute to the microenterprise and microfinance activities of the Fund. Expresses the sense of the Congress that: (1) the Microstart Program established by the United Nations Development Program represents an important new initiative; and (2) the President should instruct the U.S. representative to the United Nations to use the U.S. vote to support the Program.

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Documents

8 official files

• Referred in Senate (text)

  Referred in Senate · EN · 13 November 1997

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• Referred in Senate (PDF)

  Referred in Senate · EN · 13 November 1997

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• Engrossed in House (text)

  Engrossed in House · EN · 9 November 1997

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• Engrossed in House (PDF)

  Engrossed in House · EN · 9 November 1997

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• Passed House amended

  summary · EN · 9 November 1997

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• Introduced in House (text)

  Introduced in House · EN · 19 March 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 19 March 1997

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• Introduced in House

  summary · EN · 19 March 1997

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