|
You could make a low interest loan to Lakota Funds that would be repaid in three or more years. Loaning some of your liquid assets to Lakota Entrepreneurs through Lakota Funds could mean as much as the home or business loan you may have received on the road to building your own financial reserves. We will use your investment to make micro-loans and business loans to tribal members to start up businesses or business expansion on the Pine Ridge Indian Reservation.
Why would you want to put any of your savings at risk with Lakota entrepreneurs? Why, because it can make such a tremendous difference for people living here on this reservation. Lakota Funds has never failed to pay back a loan in its twenty one year history.
The need for loan capital is great. By becoming an investor you are putting money directly into new or expanding businesses on the Pine Ridge Reservation-creating jobs and providing much needed goods and services. We will re-loan your money to entrepreneurs who have demonstrated the desire and motivation to their business idea with a lot of planning and development.
Due to the dedication and knowledge of our success coaches, along witht the hard work from business clients, Lakota Funds' loan capital needs replenished. Our clients have a number of opportunities currently in development. For example, some pending businesses needing funding include a grocery store, used and new furniture store, a small solar panel manufacturing company, and a wood vending business. These businesses can become vital components of the local economy as is true for most of the businesses we help create.
Lakota Funds will soon need another $250, 000.00 in lending capital. The bottom line is, we need your help. Your investment of $5000 up to $100,000 will provide a hand in the creation of businesses here on the Pine Ridge reservation. Along with our efforts, you become part of our organization with your investments for aiding economic development for the Oyate (people).
As an investor in Lakota Funds, your dollars make a world of a difference to tribal members who come to Lakota Funds for assistance in business start up and expansion. Here at Lakota Funds we assist our clients from the inception of a business to the loan packaging and actual loan itself. Our Wawokiye Business Institute thrives on giving our clients first and foremost the best loan tailoring in the business.
Please consider being an investor in Lakota Funds.
Here is some additional investment information you will need.
1. We accept investments as loans from $5000 on up to $100,000 for periods of three years or more. A number of groups and individuals have chosen to loan funds to us for zero percent interest. Our interest rate average is 2.5 %.
2. We do not have a 'prospectus' as such since we are not selling stock but rather taking funds on deposit with a Promissory Note and a Loan Agreement with the lender. We would be glad to provide more information about our programs and budget if you are seriously considering going forward with us. Or, you can find program information on our web page at www.lakotafunds.org.
3. To initiate the process we need to have the following information to use in drawing up the Promissory Note and the Loan Agreement. Please provide this information via email:
° Amount you will invest with us: _____________________at _____% interest
° Length of time you will place the funds (three years or beyond): __________ years
° Interest payment date preferred: _____________________________________
Interest paid to: ______________________________________
° Principal to be paid on: __________________(00/00/20___)
°Names and addresses we should use for correspondence:
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________
We will send the Promissory Note and Loan Agreement in hard copy with our signatures and places for your signature. You retain a copy and send the signed documents with your check.
For more information:
Dowell Caselli-Smith, PhD
Executive Director
The Lakota Funds
P.O. Box 340
Kyle, South Dakota 57752
Tele: (605) 455-2500
Fax: (605) 455-2585
|