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The Value of Microenterprise Development




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Hersteller:Forgotten Books (Relations, United States; Congress; Hous)
Stand:2015-08-04 03:50:33

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Excerpt from The Value of Microenterprise Development: Hearing Before the Committee on International Relations, House of Representatives, One Hundred Fourth Congress, First Session, June 27, 1995 The committee met, pursuant to call, at 10:20 a.m. in room 2172, Raybum House Office Building, Hon. Benjamin A. Oilman (chairman of the committee) presiding. Chairman Gilman. The hearing will come to order. Today´s hearing will be an overview of the value of microenterprise development. And in this era of budget cutting, we must begin to identify and focus on those foreign assistance programs that are real winners. Hr 1561, the American Overseas Interest Act, calls for deep reductions in the development assistance account. I do not think that any of us in the community liked doing it, but difficult choices needed to be made. Choices need to be made now so that our Nation can continue to support new innovative and effective programs. We can no longer afford programs that do not measure up. One program that does measure up though is that child survival program. I support this program and hope to improve upon it in the years ahead. It is our intention in our committee to take up legislation later this summer to address some of the problems that the Appropriations Committee noted in the current Foreign Assistance Act with regard to the Child Survival program. And as you know the Foreign Operations Appropriations bill is presently on the floor this very week. I hope to make our child survival effort a bipartisan one in cooperation with our ranking minority member, Mr. Hamilton, and with the administration. Another program that should and must be maintained is our microenterprise initiative. I began work on this initiative back in 1986. Joined by a number of our colleagues on both sides of the aisle, we began to make progress in our efforts to articulate a new vision for ending, not just alleviating, poverty. Microenterprise Initiative seeks to dramatically expand access to credit by the world´s poor to help them work their way out of poverty. The initiative is a hand up not a handout. It is built on the successful model of the Grameen Bank, Finca and Accion International. Under this Initiative, we hope to help and poverty for some. We also hope to create self-sufficient microenterprise banks that will eventually end poverty for all. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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