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Microfinance Ireland MFI supporting 1,000 jobs to date in its second year of operations

Microfinance Ireland (MFI) is aiming to support a further 1,000 jobs in 2015 through providing finance to micro-enterprises who have been unable to secure funding elsewhere.  Since its inception in October 2012, more than 1,000 jobs have already been supported by Microfinance Ireland through its lending to businesses which have 10 employees or less and a turnover of less than €2m per annum. 

The Government provided funding of €10m as part of the Action Plan for Jobs to enable Microfinance Ireland provide loan finance to micro-enterprises who have not been able to access loans elsewhere. 

Further details.... Microfinance.docx (size 13.3 KB)

 

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