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Budget Summary FY2012

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70070801 - Microlending
Data Current as of:  7/11/2011

Account Description FY2011
7007-0801 Microlending
For microlending grants of up to $100,000 to be issued to established Community Development Financial Institutions making direct microenterprise and small business loans to borrowers on a regional basis, as well as providing technical assistance to applicants and borrowers in order to foster business establishment and success; provided, that the funds will be used to support the eligible organization's lending and technical assistance activities
0 200,000