Dáil Éireann Debate, Tuesday - 26 March 2013
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Microenterprise Loan Fund Application Numbers
300. Deputy Peadar Tóibín asked the Minister for Jobs, Enterprise and Innovation if he will detail, by county enterprise board, the number of applications to the microenterprise loan fund; the value of applications; the number of successful applications; and the value of successful applications. [14924/13]
View answerMicrofinance Ireland (MFI) began operating in October 2012. As of 25 March 2013, 97 loan applications have been received via the CEBs and 41 have been received directly from applicants. To date, 72 of the applications furnished via the CEBs have been processed (i.e. approved/declined/in appeal or withdrawn by applicant). So far 28 of the applications received via the CEBs have been approved i.e. an approval rate of 39% and 25 are not yet fully assessed and are work in progress.
It is my intention that progress reports on the Microenterprise Loan Fund will be published via the MFI website microfinanceireland.ie and on my Department’s website enterprise.gov.ie on a quarterly basis. Quarter 1 Progress Report for the period January 2013 to March 2013 will be made available in mid-April, with subsequent quarterly reports made available in mid-July, mid-October and mid- January 2014.
Below is a breakdown by County Enterprise Board of the 97 applications, the total value of applications, the number of successful applications and the value of successful applications received as of 25 March 2013.
|
Enterprise Board Name |
Number of applications via CEBs to the Microenterprise Loan Fund |
Total value of applications € |
Number of successful applications |
Value of successful applications € |
|
1. Limerick County Enterprise Board |
11 |
212,494 |
4 |
54,499 |
|
2. Meath County Enterprise Board |
7 |
136,997 |
1 |
15,000 |
|
3. Dublin City Enterprise Board |
7 |
106,899 |
3 |
44,999 |
|
4. Fingal County Enterprise Board |
6 |
134,498 |
3 |
60,998 |
|
5. Mayo County Enterprise Board |
4 |
71,999 |
2 |
30,000 |
|
6. Tipperary North County Enterprise Board |
4 |
67,900 |
0 |
0 |
|
7. Tipperary South County Enterprise Board |
4 |
47,700 |
1 |
6,000 |
|
8. Wexford County Enterprise Board |
4 |
85,998 |
1 |
16,000 |
|
9. Leitrim County Enterprise Board |
4 |
95,997 |
0 |
0 |
|
10. Carlow County Enterprise Board |
4 |
99,996 |
1 |
24,999 |
|
11. Laois County Enterprise Board |
4 |
65,000 |
0 |
0 |
|
12. Kerry County Enterprise Board |
3 |
59,999 |
2 |
39,999 |
|
13. Wicklow County Enterprise Board |
3 |
74,997 |
1 |
24,999 |
|
14. Roscommon County Enterprise Board |
3 |
51,999 |
1 |
24,999 |
|
15. Cork South County Enterprise Board |
3 |
54,998 |
1 |
5,000 |
|
16. Clare County Enterprise Board |
3 |
21,500 |
0 |
0 |
|
17. Galway County/City Enterprise Board |
3 |
52,499 |
2 |
29,999 |
|
18. Cork North County Enterprise Board |
2 |
32,499 |
1 |
24,999 |
|
19. Dun Laoghaire/Rathdown CEB |
2 |
34,999 |
1 |
10,000 |
|
20. Kildare County Enterprise Board |
2 |
44,999 |
0 |
0 |
|
21. Limerick City Enterprise Board |
2 |
35,500 |
0 |
0 |
|
22. Longford County Enterprise Board |
2 |
28,999 |
0 |
0 |
|
23. Sligo County Enterprise Board |
2 |
49,998 |
0 |
0 |
|
24. Westmeath County Enterprise Board |
2 |
42,499 |
1 |
17,500 |
|
25. Monaghan County Enterprise Board |
2 |
34,999 |
0 |
0 |
|
26. Cavan County Enterprise Board |
1 |
24,999 |
1 |
24,999 |
|
27. Dublin South County Enterprise Board |
1 |
24,999 |
1 |
15,000 |
|
28. Louth County Enterprise Board |
1 |
24,999 |
0 |
0 |
|
29. Waterford County Enterprise Board |
1 |
22,000 |
0 |
0 |
|
30. Cork City Enterprise Board |
0 |
- |
0 |
0 |
|
31. Cork West County Enterprise Board |
0 |
- |
0 |
0 |
|
32. Donegal County Enterprise Board |
0 |
- |
0 |
0 |
|
33. Kilkenny County Enterprise Board |
0 |
- |
0 |
0 |
|
34. Offaly County Enterprise Board |
0 |
- |
0 |
0 |
|
35. Waterford City Enterprise Board |
0 |
- |
0 |
0 |
|
Totals |
97 |
1,842,959 |
28 |
469,989 |
