Microfinance Ireland 

Due to unprecedented demand  from micro-businesses since the pandemic began, both the COVID19 Business Loan Fund and the standard MFI Loan Fund are now fully subscribed.

MFI have advised that unfortunately in the absence of new government legislation, receipt of the additional funding allocation and their current company structure they have to pause the funds. This situation is totally beyond their control.

This situation is only a brief interruption and MFI are hopeful it will be resolved in a number of weeks.