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1317 of the Foreign Assistance Authorization
Act of 1993;
‘‘(B) funds made available for fiscal year
1994 for assistance under chapter 11 of part I
of this Act (relating to assistance for the inde-
pendent states of the former Soviet Union); and
‘‘(C) funds made available for fiscal year
1994 for assistance under the Support for East
European Democracy (SEED) Act of 1989.
‘‘(3) FUNDS TO BE USED TO SUPPORT CAPITAL
PROJECTS
IN
COUNTRIES
FOR
WHICH
ORIGINAL
FUNDING WAS PROVIDED.—(A) Any funds described
in paragraph (2)(A) that are earmarked by the Con-
gress for a specific country and that are transferred
pursuant to paragraph (1) shall be used to support
capital projects in that country.
‘‘(B) Any funds described in paragraph (2)(B)
that are transferred pursuant to paragraph (1) shall
be used to support capital projects in countries eligi-
ble for assistance under chapter 11 of part I of this
Act.
‘‘(C) Any funds described in paragraph (2)(C)
that are transferred pursuant to paragraph (1) shall
be used to support capital projects in countries eligi-
192
ble for assistance under the Support for East Euro-
pean Democracy (SEED) Act of 1989.
‘‘(k) DEFINITIONS.—As used in this section—
‘‘(1) the term ‘capital projects’ means a project
involving the construction, expansion, alteration of,
or the acquisition of equipment for, a physical facil-
ity or physical infrastructure, including related engi-
neering design (concept and detail) and other serv-
ices, the procurement of equipment (including any
related services), and feasibility studies or similar
engineering and economic services;
‘‘(2) the term ‘Director’ means the Director of
TDA; and
‘‘(3) the term ‘TDA’ means the Trade and
Development Agency.’’.
SEC. 1506. MICROENTERPRISE DEVELOPMENT.
Chapter 2 of part I of the Foreign Assistance Act
of 1961 is amended by adding after title V the following:
‘‘TITLE VI—MICROENTERPRISE DEVELOPMENT
‘‘SEC. 251. MICROENTERPRISE DEVELOPMENT.
‘‘(a) CENTRALLY-MANAGED FUND.—
‘‘(1) ESTABLISHMENT
AND
MANAGEMENT.—
The administrator of the agency primarily respon-
sible for administering this part shall establish with-
in the agency a centrally-managed fund to be known
as the Microenterprise Development Fund (herein-
193
after in this section referred to as the ‘Fund’). The
Fund shall be managed by the office in that agency
that has primary responsibility for working with pri-
vate and voluntary organizations.
‘‘(2) DISBURSEMENTS THROUGH THE FUND.—
All funds made available to carry out part I of this
Act that are used to promote microenterprise devel-
opment shall be disbursed through the Fund.
‘‘(b) ACTIVITIES TO BE SUPPORTED.—The Fund
shall be used to support—
‘‘(1) the institutional development of the enti-
ties described in subsection (c);
‘‘(2) the provision of microenterprise credit
through the entities described in subsection (c); and
‘‘(3) research on microenterprise development
and evaluation of microenterprise activities funded
under this section.
‘‘(c) INTERMEDIARY ORGANIZATIONS.—Funds dis-
bursed through the Fund shall be primarily channeled
through—
‘‘(1) United States and indigenous private and
voluntary organizations,
‘‘(2) United States and indigenous credit union
organizations, and
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‘‘(3) other indigenous governmental and non-
governmental organizations,
that have demonstrated a capacity to develop sustainable
microenterprise service institutions.
‘‘(d) ALLOCATION OF FUNDS.—
‘‘(1) 
MICROENTERPRISE
CREDIT.—(A) 
Of
amounts disbursed through the Fund each fiscal
year pursuant to subsection (b)(2), at least 50 per-
cent shall be used for poverty lending. As used in
this paragraph, the term ‘poverty lending’ means a
loan of $300 or less or, in the case of an initial loan,
of $150 or less.
‘‘(B) The administrator of the agency primarily
responsible for administering this part shall seek to
ensure that not less than 60 percent of the borrow-
ers of funds disbursed through the Fund pursuant
to subsection (b)(2) are women.
‘‘(2) RESEARCH AND EVALUATION.—Not more
than 5 percent of funds disbursed through the Fund
each fiscal year may be used for research and eval-
uation activities under subsection (b)(3).’’.
SEC. 1507. REPORT ON AID’S IMPLEMENTATION OF AGENDA
21 PRINCIPLES.
Not later than 2 years after the date of enactment
of this Act, the administrator of the agency primarily re-
195
sponsible for administering part I of the Foreign Assist-
ance Act of 1961 shall submit to the Congress a report
on the incorporation of the Agenda 21 principles of the
United Nations Conference on Environment and Develop-
ment into the foreign assistance activities administered by
that agency.
SEC. 1508. AUTHORITY TO PROVIDE RECONSTRUCTION AS-
SISTANCE UNDER INTERNATIONAL DISASTER
ASSISTANCE.
Section 491(b) of the Foreign Assistance Act of 1961
is amended by striking ‘‘disaster relief and rehabilitation’’
and inserting ‘‘disaster relief, rehabilitation, and recon-
struction’’.
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