Written answers

Tuesday, 20 January 2015

Department of Jobs, Enterprise and Innovation

Microenterprise Loan Fund Application Numbers

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
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266. To ask the Minister for Jobs, Enterprise and Innovation if he will provide in tabular form the number of applications received by the microenterprise loan fund in each year since its establishment; the number of loans approved; the total amount drawn down; the number of jobs supported by the fund; his plans for its future development; and if he will make a statement on the matter. [2233/15]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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As of 9 January 2015 Microfinance Ireland (MFI) has approved 418 applications to the value of €6.4m supporting 947 jobs. All the figures that the Deputy has requested are available in the quarterly and yearly progress reports which are published on my Department’s website www.enterprise.gov.ie. The progress report detailing the analysis and performance up to the quarterly period ending 30 September 2014 is available on the Department’s website. I intend to publish the report for the period 31 December 2014, once this report has been finalised. My officials are currently undertaking a review of MFI and this will be finalised in Q1 of 2015.

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