Referred to the House Committee on Foreign Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in House · May 26, 1994
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.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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