Microfinance Ireland is a 100% owned subsidiary company of the Social Finance Foundation and is a private not for profit entity which has been mandated by Government to deliver its statutory based Microfinance Loan Fund.
The EPMF fund from the European Investment Fund covers some of the risk by providing a partial guarantee against its portfolio of lending. The EPMF (European Progress Microfinance Fund) is a Europe-wide fund that underwrites some of the risk taken on by organisations like Microfinance Ireland.