Written answers
Thursday, 27 June 2013
Department of Jobs, Enterprise and Innovation
Microfinance Loan Fund
Dominic Hannigan (Meath East, Labour)
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144. To ask the Minister for Jobs, Enterprise and Innovation the number of applications the micro finance loan fund received since it was started; the number of loans that have been awarded; the average size of the loans; the average time from an application being lodged to a loan awarded; the number of loan applications that have been denied and the reason for same ; if there is a breakdown available of the industries receiving loans; and if he will make a statement on the matter. [31191/13]
Richard Bruton (Dublin North Central, Fine Gael)
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A full progress report on the operation of the scheme from 1 October 2012 to 31 March 2013 can be found on my Department's website () and the Microfinance Ireland (MFI) website ( ). I hope to publish the next MFI progress report by mid-July.
The report contains all the information requested by the Deputy apart from the reasons for decline, which are, as the Deputy will appreciate confidential to individual clients.
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