I propose to take Questions Nos. 269 and 270 together.
As of 31st December 2013 the SME Credit Guarantee Scheme (CGS) has seventy-two live facilities resulting in €9.78m being sanctioned through the scheme by the participating lenders resulting in 401 new jobs being created and 236 jobs being maintained. My Department publishes quarterly progress reports on the SME Credit Guarantee Scheme on my Department’s website www.enterprise.gov.ie. The progress report detailing the analysis and performance for the quarterly period ending 31st December 2013 is available on my Department’s website. I intend to publish the next progress report for the period to 31st March 2014, once the report has been finalised.
As of 31st December 2013 Microfinance Ireland (MFI) has approved 139 applications to the value of €2.159m supporting 313 jobs. My Department publishes quarterly reports on the progress of MFI on the Department’s website www.enterprise.gov.ie. The 2013 4th quarter progress report on MFI showing a detailed analysis for year ending 31st December 2013 is available on my Department’s website. The next quarterly report for the period to 31st March 2014 will be published shortly.