Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

I understand that the loans are backed by the European Investment Bank and by the Ireland Strategic Investment Fund, which is the State bank. The loans will be provided, presumably, through credit institutions, will be set at a low rate, of approximately 3% I believe, and these loans will be available to people who would not normally be able to get credit.