Microfinance Loan Fund Scheme Data

Dáil Éireann Debate, Thursday - 15 February 2018

Thursday, 15 February 2018

Ceisteanna (182)

Niall Collins

Ceist:

182. Deputy Niall Collins asked the Minister for Business, Enterprise and Innovation the value of drawdowns issued under the microfinance scheme on 31 December 2016 and 31 December 2017, respectively; the value of approvals on the same dates; the breakdown of each drawdown and approval, by county, in tabular form; and if she will make a statement on the matter. [7988/18]

Freagraí scríofa

Minister for Business, Enterprise and Innovation

The Board of Microfinance Ireland (MFI) provides me with Quarterly Reports of progress, and these are published on the websites of both MFI and my Department. 

The county spread of approvals is contained in each Quarterly Report provided by Microfinance Ireland to my Department.

In relation to the drawdown figures requested by the Deputy, I have attached the available information relating to the figures as at 31 December 2016 and 31 December 2017 and an analysis of loan approvals for each county.

Microfinance Ireland
Fund to date
	End 2016	End 2017
Loan Approvals
- Number	1,167	1,567
-Value €000	17,088	22,591
Loan Drawdowns
- Number	995	1,353
-Value €000	14,204	19,068
Analysis by County	Loan Approvals (Nos)
Carlow	23	27
Cavan	38	46
Clare	39	51
Cork	89	116
Donegal	21	40
Dublin	247	333
Galway	55	76
Kerry	30	40
Kildare	43	58
Kilkenny	19	28
Laois	26	33
Leitrim	19	29
Limerick	59	71
Longford	28	35
Louth	22	35
Mayo	44	53
Meath	51	69
Monaghan	15	21
Offaly	20	32
Roscommon	28	32
Sligo	36	43
Tipperary	55	71
Waterford	40	60
Westmeath	32	45
Wexford	50	75
Wicklow	38	48
Total	1,167	1,567

County	Approved
Carlow	27
Cavan	46
Clare	51
Cork	116
Donegal	40
Dublin	333
Galway	76
Kerry	40
Kildare	58
Kilkenny	28
Laois	33
Leitrim	29
Limerick	71
Longford	35
Louth	35
Mayo	53
Meath	69
Monaghan	21
Offaly	32
Roscommon	32
Sligo	43
Tipperary	71
Waterford	60
Westmeath	45
Wexford	75
Wicklow	48