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Microfinance Ireland


Microfinance Ireland provide unsecured business loans up to €50,000, to both start-ups and established businesses that are having difficulty in obtaining access to funding. The loans are available to microenterprises with viable business propositions with fewer than 10 full time employees and annual turnover must be less than €2 million.

Repayments will generally be monthly, but there is scope for exceptions if such exceptions will aid the sustainability of the project. To be eligible for a loan, persons must possess a business plan, must have a commercially viable proposal, and must have the capacity to repay the loan.

The fund is administered by Microfinance Ireland, which also works closely with the Local Enterprise Offices which provide a range of important business supports to microenterprises including advice, training and mentoring.

Banks are the main supplier of finance to the micro-enterprise sector. However, due to its focus on job creation and the benefits this creates, Microfinance Ireland has a greater risk appetite than Banks could possibly have and therefore is able to fund and help create and sustain additional micro-enterprises which cannot satisfy conventional Bank credit criteria.


Progress reports

Microfinance Ireland Progress Reports 2024

Microfinance Ireland Progress Reports 2023

Microfinance Ireland Progress Reports 2022

Microfinance Ireland Progress Reports 2021

Microfinance Ireland Progress Reports 2020

Microfinance Ireland Progress Report Q4 2019

Microfinance Ireland Progress Report Q3 2019

Microfinance Ireland Progress Report Q2 2019

Microfinance Ireland Progress Report Q1 2019

Microfinance Ireland Progress Report Q4 2018

Microfinance Ireland Progress Report Q3 2018

Microfinance Ireland Progress Report Q2 2018

Microfinance Ireland Progress Report Q1 2018

Microfinance Ireland Progress Report Q4 2017

Microfinance Ireland Progress Report Q3 2017

Microfinance Ireland Progress Report Q2 2017

Microfinance Ireland Progress Report Q1 2017

Microfinance Ireland Progress Report Q4 2016

Microfinance Ireland Progress Report Q3 2016

Microfinance Ireland Progress Report Q2 2016

Microfinance Ireland Progress Report Q1 2016

Microfinance Ireland Progress Report Q4 2015

Microfinance Ireland Progress Report Q3 2015

Microfinance Ireland Progress Report Q2 2015

Microfinance Ireland Progress Report Q1 2015

Microfinance Ireland Progress Report Q4 2014

Microfinance Ireland Progress Report Q3 2014

Microfinance Ireland Progress Report Q2 2014

Microfinance Ireland Progress Report Q1 2014

Microfinance Ireland Progress Report Q4 2013

Microfinance Ireland Progress Report Q3 2013

Microfinance Ireland Progress Report Q2 2013

Microfinance Ireland Progress Report Q1 2013


Annual reports

Microfinance Ireland Annual Report and Accounts 2022

Microfinance Ireland Annual Report and Accounts 2021

Microfinance Ireland Annual Report and Accounts 2020

Microfinance Ireland Annual Report and Accounts 2019

Microfinance Ireland Annual Report and Accounts 2018

Microfinance Ireland Annual Report and Accounts 2017

Microfinance Ireland Annual Report and Accounts 2016

Microfinance Ireland Annual Report and Accounts 2015

Microfinance Ireland Annual Report and Accounts 2014

Microfinance Ireland Annual Report and Accounts 2013

Microfinance Ireland Annual Report and Accounts 2012


Legislation

SI No 423 of 2024 Microenterprise Loan Fund Scheme (Amendment) Regulations 2024

SI No 268 of 2020 Microenterprise Loan Fund (Amendment) Act 2020 (Commencement) Order 2020

Microenterprise Loan Fund (Amendment) Act 2020

SI No 393 of 2015 Microenterprise Loan Fund Scheme 2015

SI No 383 of 2012 Microenterprise Loan Fund Act 2012 (Commencement) Order 2012

Microenterprise Loan Fund Act 2012