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Microenterprise Loan Fund Applications

Dáil Éireann Debate, Tuesday - 24 June 2014

Tuesday, 24 June 2014

Questions (247)

James Bannon

Question:

247. Deputy James Bannon asked the Minister for Jobs, Enterprise and Innovation the number of small businesses in County Longford that have availed of the microfinance scheme for small business since it was set up in 2012; the total numbers and amounts of loans approved; and if he will make a statement on the matter. [26706/14]

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Written answers

Since Microfinance Ireland was launched in October 2012, 8 applications have been received from businesses in County Longford. To date one application has been approved to the value of €15,000, 2 applications are still “work in progress” and 5 applications have been declined. My Department publishes quarterly reports on the progress of MFI on the Department’s website www.enterprise.gov.ie and the progress report detailing the analysis and performance for the quarterly period ending 31 March 2014 is available there.

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