Together We Can Build a Stronger Economy
Consider investing in Indian Country through a program related investment (PRI) in First Nations Oweesta Corporation. Program-related investments (PRIs) are investments made by tribes, corporations, foundations or individuals to support activities that involve the potential return of capital within an established time frame. PRIs include financing methods commonly associated with banks or other private investors, such as loans, loan guarantees, linked deposits, and even equity investments in charitable organizations or in commercial ventures for charitable purposes. For the recipient, the primary benefit of PRIs is access to capital at lower rates than may otherwise be available. For the funder, the principal benefit is that the repayment or return of equity can be recycled for another charitable purpose. PRIs are valued as a means of leveraging philanthropic dollars.
Why You Should Invest in Indian Country
First Nations Oweesta Corporation was created by First Nations Development Institute to address the lack of capital and financial infrastructure in Native American communities. First Nations Oweesta Corporation’s priority is to provide investment capital into Native CDFIs and communities they serve. First Nations Oweesta Corporation is a national organization that works with Indigenous peoples living in some of the most rural locations in the United States, including American Indian reservations, traditional Native lands, Hawaiian homelands, and in Alaska Native villages. First Nations Oweesta Corporation has worked with hundreds of Native communities and organizations, from Alaska to Louisiana and Maine to Hawaii. The 59 Native CDFIs and more than 60 emerging Native CDFIs with whom First Nations Oweesta Corporation works, span 34 states. First Nations Oweesta Corporation is the only existing Native CDFI intermediary offering financial products and development services exclusively to Native CDFIs and Native communities. The organization offers loan products to Native CDFIs that meet our underwriting criteria, and this investment in Native communities has leveraged amazing results.
Oweesta is aware that acquisition of capital for operating and/or lending stands as a barrier to the success of many emerging Native CDFIs. Therefore, Oweesta affords NCDFIs the opportunity to go one-step further by offering qualified institutional applicants with loan/investment capital, which is then reinvested in the communities by the Native CDFI in the form of housing, consumer or small business loans, or leveraged to attract additional capital.
As a non-profit 501(c)(3) corporation, Oweesta relies on its own outside investors to achieve this goal. A benefit to investing in Oweesta as opposed to directly at the grassroots level is that we are able to offer training and technical assistance to our clients, thus overcoming any barriers to repayment that may arise. We receive investments from a number of Socially Responsible Investors (SRI) including religious charities, foundations, individuals, corporations and other business entities. For more information on investing in Oweesta please review our Investment Prospectus and Annual Report. To make an investment in Oweesta or if you have any questions, please contact Mark Patterson, Lending and Capitalization Manager, at firstname.lastname@example.org.
Before 2000, only five certified Native CDFIs existed in the country. Today, there are 35 U.S. Treasury-certified NCDFIs and an even larger number of start-up and emerging organizations. As the only Native CDFI intermediary in the country, it is Oweesta’s responsibility to do all we can to make sure these particularly fragile organizations thrive. Our development services and investments are critical to their success, and in the coming years, we anticipate investing over $10 million in Native CDFIs to help capitalize their programs. Without question, Native CDFIs are making a difference in the economy of every community where they are present, and the social impact is only just beginning.
As a 501(c)(3) non-profit organization, Oweesta relies on assistance from foundations, individuals, federal agencies, corporations and others to continue this innovative work in Native communities.
Our Current Investors
Our warmest thanks go out to the following organizations and individuals for their assistance through grants, investments and donations to Oweesta over the years, including the early days as a fledgling program of FNDI. We have come a long way and your support has made that happen. For more information on supporting Oweesta in its Native development efforts, go back to the main support page.
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