Commitment to Action

Oweesta Native Asset Building

Commitment by

First Nations Oweesta Corporation

Oweesta provides financial products to all types of Native CDFIs (Community Development Financial Institutions)--from loan funds that finance micro-entrepreneurs, to credit associations that make consumer loans, to loan funds that provide home mortgage loans. In 2008, Oweesta committed to create new, innovative, and unique financial products and capacity building services for Native communities in the areas of institution, program, and systems development. Oweesta is proud to say that a First-in Loan was developed this year to meet the specific needs of start-up and emerging loan funds and/or financing entities. Institutions that qualify for this loan are just beginning to lend or have short lending or organizational histories

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Overview
Summary

Commitment

Oweesta Native Asset Building

Launched

2008

Est. Duration

8 Years

Estimated Total Value

$20,000,000

Region

Northern America

Countries

United States

Commitment by

First Nations Oweesta Corporation

Partner(s) of the Commitment Maker(s)

United States of America, National American Indian Housing Council (NAIHC), National Congress of American Indians (NCAI), Native Financial Education Coalition (NFEC), Opportunity Finance Network, Corporation for Enterprise Development (CFED), First Nations Development Institute, ONABEN, National Indian Education Association (NIEA), Native American Finance Officers Association (NAFOA), Council for Native Hawaiian Advancement, Native Nations Institute (NNI), Eagle Opportunity Partners