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Credit Unions

Volume 472: debated on Friday 7 March 2008

To ask the Secretary of State for Work and Pensions in which constituencies credit unions have received financial assistance from the public purse in the last 12 months for which figures are available. (188836)

The information placed in the House of Commons Library provides details of constituencies, by Government office region, where Growth Fund contracted Credit Union or Community Development Finance Institutions, and their subcontractors, are located. It also provides details of the number of loans made and their value to date in those regions.

The affordable loans are being made to people on low income in areas of high financial exclusion with coverage extending beyond constituency boundaries.

The information will be updated and placed in the House of Commons Library on a quarterly basis.