Written answers

Thursday, 23 February 2017

Department of Jobs, Enterprise and Innovation

Microfinance Loan Fund Scheme Data

Photo of Niall CollinsNiall Collins (Limerick County, Fianna Fail)
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433. To ask the Minister for Jobs, Enterprise and Innovation the total value of drawdowns issued under the microfinance scheme on 31 December 2015 and on 31 December 2016; the total value of approvals of each drawdown on the same dates by county; and if she will make a statement on the matter. [9442/17]

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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The Board of Microfinance Ireland (MFI) provides me with Quarterly Reports of progress, and these are published on the websites of both MFI and my Department.

The county spread of approvals is contained in each Quarterly Report provided by Microfinance Ireland to my Department.

In relation to the drawdown figures requested by the Deputy, I have attached the requested figures as at 31st December 2015 and 31st December 2016 for each county together with total drawdowns in number and value since the inception of Microfinance Ireland in 2012.

Drawdowns 2015 and 2016- Numbers and Value

-Drawdowns 2015Drawdowns 2016Drawdowns since inception of MFI
Number of loans3253361,024
Value of loans €4,753,1394,284,16014,204,368

Geographic Spread for Value of Drawdowns-Microfinance Ireland

County2015 Value (000’s)2016 Value (000’s)
Dublin880941
Cork485357
Galway188269
Wexford161235
Meath220137
Tipperary184236
Kildare310101
Limerick179233
Mayo208111
Cavan17677
Wicklow157111
Waterford14677
Clare240175
Sligo190155
Kerry120100
Westmeath104154
Roscommon12956
Louth12699
Donegal9572
Laois6756
Longford55233
Carlow11310
Leitrim11185
Offaly1192
Kilkenny7074
Monaghan2740
Total4,7524,286 

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