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Microfinance Loan Fund

Dáil Éireann Debate, Thursday - 27 June 2013

Thursday, 27 June 2013

Questions (144)

Dominic Hannigan

Question:

144. Deputy Dominic Hannigan asked the Minister for Jobs, Enterprise and Innovation the number of applications the micro finance loan fund received since it was started; the number of loans that have been awarded; the average size of the loans; the average time from an application being lodged to a loan awarded; the number of loan applications that have been denied and the reason for same; if there is a breakdown available of the industries receiving loans; and if he will make a statement on the matter. [31191/13]

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Written answers

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 (www.enterprise.gov.ie) and the Microfinance Ireland (MFI) website (www.microfinanceireland.ie). I hope to publish the next MFI progress report by mid-July.

The report contains all the information requested by the Deputy apart from the reasons for decline, which are, as the Deputy will appreciate, confidential to individual clients.

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