Home / Legislative Index / H.R. 3888 – To authorize microenterprise assistance for renewable energy projects in developing countries

H.R. 3888 – To authorize microenterprise assistance for renewable energy projects in developing countries

H.R. 3888 encourages USAID, the State Department, and the Department of Energy to provide assistance for renewable energy projects in developing countries (especially solar lanterns or lamps and other solar energy technologies) in order to increase the availability of credit, savings, and other services to microfinance and microenterprise clients lacking full access to capital, training, technical assistance, and business development services. Priority shall be given to empowering female-owned businesses in developing countries. The bill asks for $5 million for fiscal year 2013, $5 million for 2014, $7.5 million for 2015, $7.5 million for 2016, $10 million for 2017, and $15 million for 2018.

Introduced by Rep. Steve Israel (D-NY) and referred to the House Committee on Foreign Affairs on February 2, 2012. No co-sponsors.