70070801 - Microlending

Account Description FY2017
7007-0801 Microlending
For microlending grants of not more than $100,000 that shall be issued to established community development financial institutions and community advantage lenders making direct microenterprise and small business loans to borrowers on a regional basis and providing technical assistance to applicants and borrowers in order to foster business establishment and success; provided, that the funds shall be used to support the eligible organizations' lending and technical assistance activities;
100,000 100,000