The red tape that stalled farm loans — and the road back for Microfinance Ireland

Microfinance Ireland provides loans from €2,000 up to €50,000 to businesses that do not meet the conventional risk criteria applied by commercial lenders

Over 10 years since 2013, Microfinance Ireland has made 182 loans to Irish farmers, totalling €3,252,368.

Administrative arrangements with Microfinance Ireland to allow them to recommence lending to farmers are currently being finalised with the Department of Agriculture.

Over 10 years since 2013, Microfinance Ireland has made 182 loans to Irish farmers, totalling €3,252,368.