PRIA, Government Policy, Made Personal

Summary

Defines key words used in this subpart. Administrator is the head of the Agency. Agency is the United States Agency for International Development (USAID). Appropriate congressional committees are the House Foreign Affairs Committee and the Senate Foreign Relations Committee. Business development services are help for growing micro, small, and medium businesses, such as training, technical help, marketing, better production technology, and similar services. Director is the director of the office. Implementing partner organization is any group eligible for assistance here, including U.S. or local non‑profits, credit unions, cooperatives, local government or NGOs, MSME institutions, financial intermediaries, or practitioner institutions. Micro, small, and medium-sized enterprise institution is an entity that provides finance, training, or business help to such firms abroad. Financial intermediary is an entity that moves money between parties (for example, a bank, credit union, investment fund, village savings and loan group, or similar). Office is the office created under section 2211a(b)(1). Practitioner institution is a not‑for‑profit, a financial intermediary, an ICT firm with a mobile money platform, a village savings and loan group, or another entity that provides financial or business development services authorized under section 252 for MSME clients. Private voluntary organization is a non‑profit that does economic, social, or humanitarian work abroad and is legally incorporated in the United States (including its states, territories, or D.C.) or another country. United States‑supported financial intermediary is a financial intermediary that received funds under subchapter I for fiscal year 1980 or any subsequent fiscal year. Very poor means people living either in the bottom 50 percent below the poverty line set by their national government or below the international poverty line as defined by the World Bank.

Title 22, §2214a

Foreign Relations and Intercourse, Source: USLM XML via OLRC

In this subpart:

(1)Administrator (2) Agency

The term “Administrator” means the Administrator of the Agency.

(3)Appropriate congressional committees

The term “appropriate congressional committees” means the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate.

(4)Business development services

The term “business development services” means support for the growth of micro, small, and medium-sized enterprises through training, technical assistance, marketing assistance, improved production technologies, and other related services.

(5)Director (6) Implementing partner organization

The term “Director” means the Director of the office.

(7)Micro, small, and medium-sized enterprise institution

The term “micro, small, and medium-sized enterprise institution” means an entity that provides services, including finance, training, or business development services, for micro, small, and medium-sized enterprises in foreign countries.

(8)Financial intermediary

The term “financial intermediary” means the entity that acts as the intermediary between parties in a financial transaction, such as a bank, credit union, investment fund, a village savings and loan group, or an institution that provides financial services to a micro, small, or medium-sized enterprise.

(9)Office

The term “office” means the office established under section 2211a(b)(1) of this title.

(10)Practitioner institution

The term “practitioner institution” means a not-for-profit entity, a financial intermediary, an information and communications technology firm with a mobile money platform, a village and savings loan group, or any other entity that provides financial or business development services authorized under section 252 that benefits micro, small, and medium-sized enterprise clients.

(11)Private voluntary organization

The term “private voluntary organization” means a not-for-profit entity that—

(A)engages in and supports activities of an economic or social development or humanitarian nature for citizens in foreign countries; and

(B)is incorporated as such under the laws of the United States, including any of its states, territories or the District of Columbia, or of a foreign country.

(12)United States-supported financial intermediary

The term “United States-supported financial intermediary” means a financial intermediary that has received funds made available under subchapter I of this chapter for fiscal year 1980 or any subsequent fiscal year.

(13)Very poor

The term “very poor” means those individuals—

(A)living in the bottom 50 percent below the poverty line established by the national government of the country in which those individuals live; or

(B)living below the international poverty line (as defined by the International Bank for Reconstruction and Development and the International Development Association (collectively referred to as the ‘World Bank’)).

Notes & Related Subsidiaries

Editorial Notes

Amendments

2019—Par. (3). Pub. L. 115–428, § 4(i)(1), substituted “Committee on Foreign Affairs of the House of Representatives” for “Committee on International Relations of the House of Representatives”. Par. (4). Pub. L. 115–428, § 4(i)(2), substituted “micro, small, and medium-sized enterprises” for “microenterprises”. Par. (6)(E). Pub. L. 115–428, § 4(i)(3)(A), substituted “micro, small, or medium-sized enterprise institution” for “microenterprise institution”. Par. (6)(F). Pub. L. 115–428, § 4(i)(3)(B), substituted “financial intermediary” for “microfinance institution”. Pars. (7), (8). Pub. L. 115–428, § 4(i)(4), added pars. (7) and (8) and struck out former pars. (7) and (8) which defined the terms “microenterprise institution” and “microfinance institution”, respectively. Par. (9). Pub. L. 115–428, § 4(i)(5)–(7), redesignated par. (10) as (9), struck out “of microenterprise development” before “established”, and struck out former par. (9) which defined the term “microfinance network”. Par. (10). Pub. L. 115–428, § 4(i)(6), (8), redesignated par. (11) as (10) and amended par. (10) generally. Prior to amendment, par. (10) defined the term “practitioner institution”. Former par. (10) redesignated (9). Par. (11). Pub. L. 115–428, § 4(i)(6), redesignated par. (12) as (11). Former par. (11) redesignated (10). Par. (12). Pub. L. 115–428, § 4(i)(6), (9), redesignated par. (13) as (12) and substituted “United states-supported financial intermediary” for “United States-supported microfinance institution” in heading and text. Former par. (12) redesignated (11). Pars. (13), (14). Pub. L. 115–428, § 4(i)(6), (10), redesignated par. (14) as (13) and amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: “living on less than the equivalent of $1 per day (as calculated using the purchasing power parity (PPP) exchange rate method).” Former par. (13) redesignated (12).

Statutory Notes and Related Subsidiaries

References to Subchapter I Deemed To Include Certain Parts of Subchapter IIReferences to subchapter I of this chapter are deemed to include parts IV (§ 2346 et seq.), VI (§ 2348 et seq.), and VIII (§ 2349aa et seq.) of subchapter II of this chapter, and references to subchapter II are deemed to exclude such parts. See section 202(b) of Pub. L. 92–226, set out as a note under section 2346 of this title, and section 2348c and 2349aa–5 of this title.

Change of Name

Committee on International Relations of House of Representatives changed to Committee on Foreign Affairs of House of Representatives by House Resolution No. 6, One Hundred Tenth Congress, Jan. 5, 2007.

§2214a Definitions