Written answers

Tuesday, 5 February 2013

Department of Jobs, Enterprise and Innovation

Microenterprise Loan Fund Applications

Photo of Tom FlemingTom Fleming (Kerry South, Independent)
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To ask the Minister for Jobs, Enterprise and Innovation the number of small firms in County Kerry that have applied for the micro finance scheme loan fund; and the number of those businesses that have been approved for funds to date. [5946/13]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Loans of up to €25,000 are available to microenterprises with viable business plans and repayment capacity that have been refused access to credit from the banks. MFI is conscious of the need to promote the availability of its funds to small and medium sized enterprises and will be embarking on a media campaign to raise awareness of the Scheme across the country.

Quarterly progress reports for 2013 will be available on the MFI website www.microfinanceireland.ie .

Details of applications received by Microfinance Ireland in Kerry for the first three months of operation and the status of each application are as follows:

Applications as of 31st December 2012

CountyReceived Approved Declined Work in ProgressWithdrawn
Kerry
2
1
0
1
0

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