Microenterprise Loan Fund Expenditure

Dáil Éireann Debate, Wednesday - 18 September 2013

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Wednesday, 18 September 2013

Questions (498)

Andrew Doyle

Question:

498. Deputy Andrew Doyle asked the Minister for Jobs, Enterprise and Innovation the details of the funding allocated through the microenterprise loan fund scheme through Microfinance Ireland for a particular area (details supplied) in County Wicklow; if he will provide a breakdown of the figures; the number of applications received; the number approved; the total value of loans approved to each business; the number of jobs supported in each enterprise; and if he will make a statement on the matter. [37166/13]

Written answers

Minister for Jobs, Enterprise and Innovation

Microfinance Ireland (MFI) opened for business on Monday 1st October 2012. As of the 10th September 2013, MFI has received 9 applications, with 4 applications approved to the value of €67,706, supporting 4 jobs in the Wicklow area.

A full progress report on the operation of the scheme from 1 October 2012 to 30 June 2013 can be found on my Department’s website (www.enterprise.gov.ie) and the Microfinance Ireland (MFI) website (www.microfinanceireland.ie).

Question No. 499 answered with Question No. 479.

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