The small town of Whiteclay, Nebraska lies just outside of the boundaries of the Pine Ridge Reservation in southwestern South Dakota. It is infamous for its liquor stores and some of the highest rates of alcohol sales per capita in the nation. With a population of 14 and average sales […]
Rosalie’s Quilting Expands, Persistence Pays Off
Rosalie’s Quilting, located 15 miles east of Wanblee on Highway 44 on Corn Creek, has expanded their operations from a home-based business into a newly constructed shop. The shop, built by Mendoza Construction and financed by Lakota Funds, will house all of the business’s equipment and will feature a new […]
Darrell Hunter Receives All Star Honor for Building Business
Over twenty years ago Darrell Hunter was one of three students in the first-ever woodshop class at Little Wound High School in Kyle, South Dakota, on the Pine Ridge Reservation. His teacher, who Darrell indicates was also a supportive mentor, created the class so he could develop his talents and […]
New Lending Program Creates Greater Access to Capital for Indian Agricultural Entrepreneurs
Lakota Funds, a community loan fund, was approved as a lender for Farm Service Agency (FSA) guaranteed loans. As a result, Lakota Funds will now be able to provide up to $300,000 in capital for eligible Indian-owned agricultural businesses located on the Pine Ridge Reservation or within 50 miles from […]
Expanded Opportunity for Native American Entrepreneurs
Lakota Funds has expanded their service area to increase opportunities for more Native American entrepreneurs to access capital that will support business ventures located within a 50-mile radius of the exterior boundaries of the Pine Ridge Reservation. Previously, their service area covered a 25-mile radius beyond the boundaries of the […]