David Stanton (Cork East, Fine Gael)
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The interest rate is 5.5% or maybe 6.5%, depending on whether they go through the LEOs. Ms Carberry mentioned a tolerance of 30% of failure built into the system. Will she say a little more about that? How many of the loans are not paid back because the businesses are unable to continue for whatever reason? What is the value in 2022 of that particular loss? What are the running costs of MFI? How much does it cost to operate it? Will the proposed change have any impact on the operating costs of MFI?