Four Bands - Icahya Woecun
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Four Bands Community Fund
Box 932
Eagle Butte, SD 57625
605-964-3687 phone
605-964-3689 fax

info@fourbands.org

SUCCESS STORIES - Four Bands accomplishments

Four Bands Accomplishments | Customer Success Stories
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In the first eight years of operations, Four Bands offered a business development class to 200 people and provided technical assistance and training services to approximately 1,000 adults and 350 youth. Four Bands also contributed $171,000 in savings match to youth and adults for asset-building goals (money to purchase or renovate a home, start or expand a business, or pursue further education), and approved 175 loans totaling over $1,272,000 that helped create and expand 74 Native-owned businesses affecting 111 jobs.

The importance of the borrowers' introduction into the lending arena is further evidenced by the successive loans made to those owners who had excellent repayment history and who had used proceeds from their first loans to build their business assets.