Political Quotes

Cass Ballenger: “Section 4(b)5 of the bill states that ``Assistance provided under this subsection may only be used to support…”

On the recordApril 13, 1999
Section 4(b)5 of the bill states that ``Assistance provided under this subsection may only be used to support microenterprise programs and may not be used to support programs not directly related to the purposes described in paragraph (1).'' I would ask the gentleman from New Jersey (Chairman Smith), do I understand correctly that this language prohibits requirements not directly related to the enterprise for which credit is extended from being imposed on a microcredit beneficiary as a condition on their eligibility for assistance?
Said by
Cass Ballenger
North Carolina

Editor's note · Context

Questioning the provisions of a bill related to microenterprise programs.

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