Small business development holds great promise for American Indian economic progress, but big obstacles remain.
While economic conditions have improved for American Indians living on reservations, poverty remains prevalent, and tribes face deep challenges in their efforts to develop.
Milking the new buffalo
Casinos are a major source of new wealth for many Indian tribes in the Ninth District and both Indians and non-Indians seek the profits they yield. But too little discussion of late has focused on their true costs and benefits.
Native American Bank: banking the unbanked
In 2001, 21 tribes formed Native American Bancorporation, the first nationally focused tribal bank. A Chippewa Cree and former assistant vice president of commercial lending explains why NAB?s understanding of tribal law has helped the bank serve customers better.
A model law
A newly drafted model law may help bring loans to Indian country.
Improving opportunities for Abenaki youth
After generations of neglect, Vermont?s Abenaki Indians are getting academic and personal support in high school and attending college, thanks to Ken Maskell and Jeff Benay.
Few big winners
Many believe American Indian tribes are swimming in cash, thanks to their casinos. In fact, very few tribes have really hit the jackpot.
Four directions: Native American lending in Maine
Four Directions, a community development financial institution established by Maine?s four Native American tribes, is overcoming many traditional barriers to lending on tribal land.
Native CDFIs are providing much-needed credit in Indian country.