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 (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.
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.