Micro-Enterprise Promotion Act of 1986

Summary

Micro-Enterprise Promotion Act of 1986 - Amends the Agricultural Trade Development and Assistance Act of 1954 to provide for a program to use the foreign currency proceeds of U.S. agricultural commodity sales abroad to provide loans through financial intermediaries to micro-enterprises owned by the poor in developing countries. Defines "micro-enterprise" as a small enterprise operating within the informal sector economy of a developing country which lacks access to foreign credit sources. States that for FY 1987 through 1990 foreign currencies shall be made available for such program in an aggregate amount of between 20 percent and 30 percent of the value of all such foreign currency commodity sales.

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1 official file

• Introduced in House

  summary · EN · 22 May 1986

  Open at official source

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