Thursday, 20 June 2013

Questions (121)

Bernard Durkan


121. Deputy Bernard J. Durkan asked the Minister for Jobs, Enterprise and Innovation the extent to which he continues to monitor the situation in respect of applications for funding to Microfinance Ireland; and if he will make a statement on the matter. [29754/13]

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Written answers (Question to Jobs)

Microfinance Ireland (MFI) opened for business on Monday 1st October 2012. A full progress report on the operation of the scheme from 1 October 2012 to 31 March 2013 can be found on my Department’s website ( and the Microfinance Ireland (MFI) website( I hope to publish the next MFI progress report by mid-July.

Microfinance Ireland has undertaken a number of publicity and awareness raising activities since it began lending on 1 October 2012, including radio advertisements and attending local business network meetings. National radio advertisements of MFI have been prominent in recent weeks. In addition, the Minister for Small Business and I promote the scheme at every available opportunity, locally, regionally and nationally.

I can also assure the Deputy that the Minister for Small Business and I maintain regular contact with the Chairman of MFI and staff of my Department remain in regular contact with the CEO with regard to progress of the Scheme.

Question No. 122 withdrawn.