Solar Villages Initiative Act - Authorizes the President, through the Administrator of the United States Agency for International Development (USAID), to provide assistance for renewable energy projects in developing countries to increase the availability of credit, savings, and other services to microfinance and microenterprise clients lacking full access to capital, training, technical assistance, and business development services.
Includes in such projects assistance for small and micro businesses that loan or sell solar lanterns or lamps and other solar energy technologies.