Sandra McLellan (Cork East, Sinn Fein)
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To ask the Minister for Jobs, Enterprise and Innovation when the first loans will be made available from the Micro Enterprise Fund. [41604/12]

Richard Bruton (Dublin North Central, Fine Gael)
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Microfinance Ireland has been established to deliver the Government’s Microenterprise Loan Fund. Microfinance Ireland opened for business yesterday, Monday, 1 October. Loan applications from businesses and sole traders across all sectors, employing up to ten people who have been refused credit by the banks for loans of up to €25,000, will be accepted and processed. Further details, guides and application forms can be obtained from the individual County and City Enterprise Boards and at www.enterpriseboards.ie.