Oweesta

https://www.oweesta.org/

Sector

Community Development

Type

Direct Lending

Geography

USA

Amount

$1,500,000

Year

2020

Oweesta is a financial intermediary focused on offering financial products and development services exclusively to Native CDFIs and Native communities in the US. Ceniarth provided a loan to Oweesta in 2020. The capital and training that Oweesta provides to Native CDFIs enables these organazitions to develop the capacity required for real and sustainable job creation, small business development, commercial real estate development, and affordable housing/home ownership. It also offers basic banking services and financial literacy training to “underbanked” Native American, Alaska Native, and Native Hawaiian communities who have been historically targeted by predatory lending practices.

Related Investments

Community Outcomes Fund

Sector

Community Development

Investment

$1,000,000

Black Vision Fund

Sector

Community Development

Investment

$2,000,000

Bridges to Prosperity

Sector

Community Development

Investment

$700,000