We are pleased to announce that we will be expanding our agricultural business program with a funding award from the Native American Agricultural Fund, an organization that was born out of the Keepseagle vs. Vilsack settlement. Through the expansion, we will add a full-time staff member who,
Prefabricated Home Sales Office Now Open in Kyle
While thousands of homes are needed to fully meet the housing needs of Pine Ridge Reservation residents, Tess Puckett’s new business, Lakota Cabins, will be in high demand. Lakota Cabins sells custom-built, prefabricated, energy-efficient homes at a reasonable price point.
Puckett hopes her new business will help
Oglala Lakota Artspace to Break Ground in September
The kind of place everyone dreams of. That is how artist and First Peoples Fund staff member Bryan Parker (White Mountain Apache, Muscogee Creek, Mississippi Choctaw) describes the Oglala Lakota Artspace, a first of its kind space slated to break ground this fall on the Pine Ridge
Lakota Funds Recognized as Leader in Food Sovereignty
The Nonprofit Quarterly’s article, “In Indian Country, Native CDFIs Work to Restore Food Sovereignty,” features our agricultural lending program and explains how it not only helps entrepreneurs grow their businesses, but it also addresses immediate needs for food access within our community. It also explains the importance
Nonprofit Supports Increase in Native-Owned Agri-Businesses
Although the latest USDA Census of Agriculture shows there are 3,218 agricultural operations on Indian reservations in South Dakota, only 924 – less than a third – are actually Native American-owned. Lakota Funds, a nonprofit organization, is working to increase that number by supporting Native American farmers
Bair Automotive Reopens as Ownership Changes Hands
A mainstay of Martin, South Dakota’s, local business sector, Bair’s Automotive Store, is scheduled to reopen on Monday, March 19, 2018 after a temporary closure for remodel work to be complete. After 50-plus years, ownership of the business has officially transferred to Scott Bair from his father, Richard
Statewide Youth Business Plan Competition Celebrates 10th Year with Most Entries Ever
This year the statewide business plan competition, a part of the annual Lakota Nation Invitational (LNI) that takes place every December, celebrated its 10th year with 33 competitors – nearly double last year and more than any other previous year. The participating students represented White River, Red
Native American Business Programs Showcased on SDPB
South Dakota Focus took a closer look a the success stories of Native American Business owners. Watch this segment to hear from owners to loan officers and how they are creating economic development and thriving. Guests include: Cecily Engelhart from Thunder Valley CDC, Cheryl Bartlett of Harvest
US Treasury’s CDFI Fund Visits Pine Ridge Reservation
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.
Financial Institutions of the Future
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