Strengthening Native American Communities & Economies
In order to focus on the capitalization and development of emerging Native community development financial institutions (CDFIs), the board of directors of First Nations Development Institute incorporated First Nations Oweesta Corporation as a wholly owned subsidiary in 1999. The organization's sound stewardship directly contributed to the rapid development of certified Native CDFIs. For more than 10 years, Oweesta has been part of some 200 total awards to the Native institutions, totaling tens of millions of dollars in fruitful investment in Indian Country. Oweesta focuses on CDFI development by offering expert training and customized follow-up assistance, and by providing loans to qualifying organizations, enabling them to reinvest the capital back into their communities.
Please visit First Nations Oweesta's website here.