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22 U.S.C. § 2151f — Transferred

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151f — Transferred

### Statutory Notes #### Codification Section, Pub. L. 87–195, pt. I, § 108, as added Pub. L. 98–151, § 101(b)(2), Nov. 14, 1983, 97 Stat. 972 and amended, which related to microenterprise development credits, was renumbered section 256 of Pub. L. 87–195 by Pub. L. 108–484, § 4(a), (b), Dec. 23, 2004, 118 Stat. 3926, 3927, and transferred to [section 2212 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2212&num=0&edition=prelim). #### Prior Provisions A prior section 2151f, Pub. L. 87–195, pt. I, § 108, as added Pub. L. 93–189, § 2(3), Dec. 17, 1973, 87 Stat. 715, related to application of subpart I, II, or X of part II of this subchapter to assistance under this part, prior to repeal by Pub. L. 95–424, title I, § 102(g)(2)(K)(i), Oct. 6, 1978, 92 Stat. 943, eff. Oct. 1, 1978.

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Source location: Title 22, Chapter 32, § 2151f; chapter-032-foreign-assistance.md

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2212 — Development credits for micro, small, and medium-sized enterprises

**(a) Findings and policy** Congress finds and declares that— (1) the development of micro, small, and medium-sized enterprises is a vital factor in the stable growth of developing countries and in the development and stability of a free, open, and equitable international economic system; and (2) it is, therefore, in the best interests of the United States to assist the access to financial services and the development of micro, small, and medium-sized enterprises in developing countries and to engage the United States private sector in that process. **(b) Program** To carry out the policy set forth in subsection (a), the President is authorized to provide assistance to increase the availability of financial services to micro, small, and medium-sized enterprises and households lacking full access to credit and other financial services, including through— (1) loans and guarantees to financial intermediaries for the purpose of expanding the availability of savings and credit to poor and low-income households; (2) training programs for financial intermediaries in order to enable them to better meet the financial services needs of their clients; and (3) training programs for clients in order to enable them to make better use of credit, increase their financial literacy, and to better manage their enterprises to improve their quality of life. **(c) Eligibility criteria** The Administrator of the Agency shall establish criteria for determining which financial intermediaries described in subsection (b)(1) are eligible to carry out activities, with respect to micro, small, and medium-sized enterprises and households, assisted under this section. Such criteria may include the following: (1) The extent to which the recipients of financial services from the entity do not ha

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151 — Congressional findings and declaration of policy

(a) United States development cooperation policy

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151g — Transfer of funds

Whenever the President determines it to be necessary for the purposes of this part, not to exceed 15 per centum of the funds made available for any provision of this part may be transferred to, and consolidated with, the funds made available for any other provision of this part, and may be used for any of the purposes for which such funds may be used, except that the total in the provision for the benefit of which the transfer is made shall not be increased by more than 25 per centum of the amount of funds made available for such provision. The authority of sections 2360(a) and 2364(a) of this title may not be used to transfer funds made available under this part for use for purposes of any other provision of this chapter, except that the authority of such sections may be used to transfer for the purposes of [section 2427 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2427&num=0&edition=prelim) not to exceed five per centum of the amount of funds made available for [section 2427(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2427/a/1&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2211 — Findings and policy

Congress finds and declares the following: (1) Access to financial services and the development of micro, small, and medium-sized enterprises are vital factors in the stable growth of developing countries, in the development of free, open, and equitable international economic systems, and in the economic empowerment of the poor, especially women. (2) It is therefore in the best interest of the United States to facilitate access to financial services and assist the development of micro, small, and medium-sized enterprises in developing countries, particularly enterprises owned, managed, and controlled by women. (3) Access to financial services and the development of micro, small, and medium-sized enterprises can be supported by programs providing credit, savings, training, technical assistance, business development services, and other financial services. (4) Given the relatively high percentage of populations living in rural areas of developing countries, and the combined high incidence of poverty in rural areas and growing income inequality between rural and urban markets, micro, small, and medium-sized enterprise programs should target both rural and urban poor. (5) Microenterprise programs have been successful and should continue and be expanded to empower vulnerable women in the developing world. The Agency should work to ensure that recipients of development assistance for micro, small, and medium-sized enterprises under this subpart communicate and work with nongovernmental organizations and government organizations to identify and assist victims of trafficking as provided for in [section 7104(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section7104/a/1&num=0&edition=prelim) and women who are victims of or susceptib

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151f — Transferred

Page 616 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2151f and dissemination of appropriate technology in developing countries. (Pub. L. 87–195, pt. I, § 107, as added Pub. L. 94–161, title III, § 306(2), Dec. 20, 1975, 89 Stat. 859; amended Pub. L. 95–424, title I, § 107, Oct. 6, 1978, 92 Stat. 947.) Editorial Notes PRIOR PROVISIONS A prior section 2151e, Pub. L. 87–195, pt. I, § 107, as added Pub. L. 93–189, § 2(3), Dec. 17, 1973, 87 Stat. 715, au- thorized additional appropriations of $39,000,000 for fis- cal years 1974, and 1975, for assistance to select coun- tries and organizations in support of general economy of recipient countries as for development programs conducted by private international organizations, prior to repeal by section 306(1) of Pub. L. 94–161. See section 2151d of this title. AMENDMENTS 1978—Pub. L. 95–424 designated existing provisions as subsec. (a), substituted provisions mandating that the President place special emphasis on the use of rel- atively smaller, cost-saving, labor-using technologies generally more appropriate for small farms, small busi- nesses and small incomes of the poor, for provisions au- thorizing the use of $20,000,000 for activities in the field of intermediate technology, directing the Agency for International Development to prepare a proposal to carry out this section and to keep Congress informed, and to implement such proposal, and added subsec. (b). Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1978 AMENDMENT Amendment by Pub. L. 95–424 effective Oct. 1, 1978, see section 605 of Pub. L. 95–424, set out as a note under section 2151 of this title. Executive Documents DELEGATION OF FUNCTIONS For delegation of functions of President under this section, see Ex. Ord. No. 12163, Se

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