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Kola Campground in Wounded Knee
KOLA
Campground owners Leonard and Debra Martinez wanted to expand their business
of trail rides on horses to include overnight camping with added activities. Lakota
Funds had the opportunity to assist Leonard and Debra with one of our
loan products to accomplish their expansion goal. David White Bull,
Lakota Funds Wawokiye Business Institute Success Coach was able to offer
technical assistance to develop sources and uses with cash flow projections. The
loan department offered suggestions and then a loan. KOLA campgrounds
will include sleeping under the stars in traditional tipis, beds and
showers, evening meals of traditional Lakota foods and other activities. This
summer the sale of artwork/crafts and the features of the campground
will be offered by the Martinez to tourists and tribal members who pass
through the Wounded Knee village. To book your camping trip and
to obtain more information call Debra and Leonard at 605.441.6187.
Lakota
Funds technical assistance and courses are free to entrepreneurs like
Leonard and Debra here on the reservation. The free classes offered:
Core Four Business Planning, Financial Literacy, and Homebuyers Training just
to name a few. Wawokiye Business Institute also has small business success
coaches who assist future business owners with resources and technical assistance. Lakota
Funds provides services in five areas: technical assistance, financial literacy,
housing, financial capital and market access. Lakota Funds makes micro
loans up to $5000, small business up to $25,000, and business expansion loans
up to $200,000. The last two categories require the Core Four Course
and/or three years of successful business experience.