22 U.S.C. § 2151i : US Code - Section 2151I: Development and use of cooperatives

Search 22 U.S.C. § 2151i : US Code - Section 2151I: Development and use of cooperatives

In order to strengthen the participation of the rural and urban
poor in their country's development, high priority shall be given
to increasing the use of funds made available under this chapter
for technical and capital assistance in the development and use of
cooperatives in the less developed countries which will enable and
encourage greater numbers of the poor to help themselves toward a
better life. In meeting the requirement of the preceding sentence,
specific priority shall be given to the following:
(1) Agriculture
Technical assistance to low income farmers who form and develop
member-owned cooperatives for farm supplies, marketing and value-
added processing.
(2) Financial systems
The promotion of national credit union systems through credit
union-to-credit union technical assistance that strengthens the
ability of low income people and micro-entrepreneurs to save and
to have access to credit for their own economic advancement.
(3) Infrastructure
The support of rural electric and telecommunication
cooperatives for access for rural people and villages that lack
reliable electric and telecommunications services.
(4) Housing and community services
The promotion of community-based cooperatives which provide
employment opportunities and important services such as health
clinics, self-help shelter, environmental improvements, group-
owned businesses, and other activities.