This holiday season, Cynthia Plenty Bull and her daughter will be celebrating in the same house they have lived in for the past six years. But this year, they will call the home their own. Cynthia is the first tenant in the 30-unit Eagle Nest Housing Development,
In our role with the South Dakota Native Homeownership Coalition, Lakota Funds is actively working to create homeownership opportunities for Native Americans throughout the state, and specifically for Native American veterans.
One of our first successes in this initiative was partnering with Mazaska Owecaso Otipi Financial to
We were honored to host two important guests from the US Treasury’s CDFI Fund, Director Annie Donovan and Senior Portfolio Manager Clint Hastings. It was a great opportunity to showcase our work and highlight our local entrepreneurs.
Read Clint’s reflections in his blog post.
Indian Country Today’s article, “Are Native CDFIs the Financial Institutions of the Future?” discusses access to financial products and services in reservation communities. It highlights our work and the great need for capital among Native community development financial institutions (CDFIs).
We encourage everyone to read this article
James Two Crow (Oglala Sioux), a loyal Lakota Funds client since 2002, was the first to tap into our new Farm Service Agency guaranteed loan program. He utilized this agricultural loan product to purchase 20 bred cows, which symbolize the start of his growing cattle operation just
By any standards, Warren Peterson (Lower Brule Sioux) would be considered an ambitious social entrepreneur. At the age of 24, Peterson – already a husband and father – has worked his way out of special education classes, started his college education to become a doctor, and most
As the general economy headed for a downturn in 2008, the food truck industry began a remarkable rise. As of 2015, annual food truck revenue hit $1.2 billion with a 12.4% increase over five years. With markets near saturation in large metropolitan areas like Denver and Silicon
Lakota Funds and the Lakota Federal Credit Union announced the second year of the Increased Customer Access Partnership Program, which is designed to promote cross marketing between the two organizations in order to expand access to programs and services that support increased financial capability and asset building
Jim Warne, a former NFL player, actor, award-winning filmmaker, and Oglala Sioux tribal member, delivered a motivational speech to the participants in the statewide business plan competition during the Lakota Nation Invitational (LNI) that took place mid-December at the Rushmore Plaza Civic Center. The newly-elected Oglala Sioux
After nearly a five year journey, January Mathis, a member of the Oglala Sioux Tribe, will soon be moving into a home she can call her own. January’s home is currently one of seven under construction in Thunder Valley Community Development Corporation’s regenerative community just outside of