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Micro credit scheme extended

A pilot loan scheme to cover things like back-to-school or Christmas expenses is being expanded. The...
TodayFM
TodayFM

7:55 AM - 26 Jul 2016



Micro credit scheme extended

News

Micro credit scheme extended

TodayFM
TodayFM

7:55 AM - 26 Jul 2016



A pilot loan scheme to cover things like back-to-school or Christmas expenses is being expanded.

The Personal Micro-Credit Scheme offers low-interest loans of up to 500 euro to people on social welfare.

Social Protection Minister Leo Varadkar is set to announce a national roll-out for the initiative, through the Credit Union network.

Brendan Whelan of the Social Finance Foundation says the pilot scheme's been very popular:



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