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Microfinance Loan Fund Scheme Data

Dáil Éireann Debate, Thursday - 9 June 2016

Thursday, 9 June 2016

Ceisteanna (234)

Niall Collins

Ceist:

234. Deputy Niall Collins asked the Minister for Jobs, Enterprise and Innovation the total value of drawdowns issued under the microfinance scheme on 31 December 2014 and on 31 December 2015; the total value of approvals on the same dates; to provide a county breakdown of each drawdown and approval; and if she will make a statement on the matter. [15284/16]

Amharc ar fhreagra

Freagraí scríofa

The total number of applications received by Microfinance Ireland (MFI) from its inception to 31st December 2014 was 887. The figure to 31st December 2015 was 1,639. The value of approvals for the time periods totalled €6.318 million (413 in number) up to end December 2014 and €11.696 million (770 in number) up to end December 2015. Total value of drawdowns to end December 2014 was €5.716 million (346 in number) and to end December 2015 was €9.920 million (665 in number). The county spread of approvals is contained in each Quarterly Report provided by Microfinance Ireland to my Department. These are published and available on both Microfinance Ireland’s and my Department’s websites. For ease of reference I have extracted the county breakdown of approvals from the latest Quarterly Report up until end of March 2016 and this is detailed in a table.

Details of individual loan applications and approvals are subject to data protection legislation and it will not be possible to provide information on same.

County

Received

Approved

County

Received

Approved

Dublin

415

196

Clare

49

24

Cork

157

70

Laois

49

21

Limerick

92

42

Louth

46

17

Meath

90

42

Westmeath

46

21

Tipperary

76

33

Longford

40

13

Galway

71

38

Roscommon

38

21

Wexford

66

33

Sligo

38

27

Cavan

66

32

Monaghan

36

12

Kildare

62

34

Carlow

35

17

Waterford

61

28

Donegal

34

17

Wicklow

60

30

Kilkenny

33

15

Kerry

52

23

Offaly

32

14

Mayo

51

33

Leitrim

31

14

Total Applications Received 1826

Total Applications Approved 867

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