3.0.0 2027 2023-01-11T13:22:59Z 2023-01-11T13:22:59Z Senate S S 2011-12-17 112 ssfr00 Foreign Relations Committee Senate Standing Referred to 2011-12-17T16:31:26Z 2011-12-17 ssfr00 Foreign Relations Committee Senate Read twice and referred to the Committee on Foreign Relations. IntroReferral 2011-12-17 Introduced in Senate IntroReferral 10000 9 Library of Congress B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO N B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2011-12-17 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2012-03-08 False S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2012-06-13 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2012-06-13 False International Affairs Foreign aid and international relief Nutrition and diet Small business U.S. Agency for International Development (USAID) Women in business Women's employment Women's health Women's rights International Affairs 00 2011-12-17 Introduced in Senate 2012-02-02T19:21:11Z Microfinance and Microenterprise Enhancement Act of 2011 - Expresses the sense of Congress that the United States Agency for International Development (USAID) should expand specified microfinance programming.

Directs USAID to: (1) modify the Poverty Assessment Tools so that partner organizations can use them for expanded data management purposes, (2) align household-level interventions with interventions that link the poor to expanding economic opportunities, (3) support the development of financial products adapted to the needs of enterprises, (4) support microfinance institutions and providers that are using agriculture-specific tools, (5) promote financial services to meet the needs of poor households for cash flow management and asset accumulation, and (6) support partners that provide informal savings-led and asset building approaches to microfinance.

Urges USAID to: (1) consider support for small- and medium-sized enterprises as a means to improve productivity and competitiveness in key subsectors in which large numbers of poor micro-entrepreneurs participate; and (2) support organizations that link social protection programs with microfinance services, savings services, and business development services.

Authorizes USAID to utilize 1% of its development assistance account budget for FY2013 through FY2017 for the creation of a financial access and microenterprise innovation challenge fund that shall: (1) support cost-effective and innovative products and technologies that improve the delivery of financial services to the poor, particularly in rural locations; (2) support new microfinance and microenterprise products, services, and delivery systems that show potential to become cost-effective at large scale; and (3) help transition such methods and technologies to widespread adoption.

]]> Microfinance and Microenterprise Enhancement Act of 2011 Display Title Microfinance and Microenterprise Enhancement Act of 2011 Official Title as Introduced A bill to improve microfinance and microenterprise, and for other purposes. Introduced in Senate IS Short Titles as Introduced Microfinance and Microenterprise Enhancement Act of 2011 Introduced in Senate 2011-12-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s2027is/xml/BILLS-112s2027is.xml 2011-12-17 Read twice and referred to the Committee on Foreign Relations. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.