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United States · Bill · S

S. 971 (102nd)

Microenterprise Development Act of 1991

referredUnited States· United States Congress· EN

Introduced

25 April 1991

Last action

25 April 1991 · Introduced

Status

Read twice and referred to the Committee on Foreign Relations.

Sponsors

Sen. DeConcini, Dennis [D-AZ], Sen. Gorton, Slade [R-WA], Sen. Kohl, Herb [D-WI], Sen. D'Amato, Alfonse [R-NY], Sen. Adams, Brock [D-WA], Sen. Gore, Albert, Jr. [D-TN], Sen. Craig, Larry E. [R-ID], Sen. Wirth, Timothy [D-CO], Sen. Graham, Bob [D-FL], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Daschle, Thomas A. [D-SD], Sen. Bingaman, Jeff [D-NM], Sen. Domenici, Pete V. [R-NM]

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Microenterprise Development Act of 1991 - Authorizes the President, acting through the Administrator of the Agency for International Development (AID), to provide assistance for microenterprises in developing countries. Directs AID to establish specified criteria for determining the financial intermediaries that will receive such assistance. Requires a significant portion of such assistance to be used to support direct credit assistance by, and the institutional development of, financial intermediaries with a primary emphasis on assisting people living in absolute poverty, especially women. Outlines funding sources for such assistance. Permits the President, in order to generate local currencies for providing such assistance, to use development and economic support fund assistance to provide assistance to developing countries on a loan basis repayable in local currencies. Sets forth minimum levels of assistance to be provided under this Act. Requires the Administrator to develop a monitoring system to evaluate AID's microenterprise development activities.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 April 1991

    Introduced

    Read twice and referred to the Committee on Foreign Relations.

    Source: IntroReferral

  2. 25 April 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 25 April 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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