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S & S Video Rental Works With Lakota Funds.

Seth Bracken is a first time borrower from Lakota Funds loan products to expand his video rental business, S & S Video Rental.  Seth’s family owned enterprise renting DVD movies and games is located north of Porcupine on the west side of the highway, along with satellite rental sites in Manderson at Pinky’s and Reddy Mart east of Pine Ridge.  With hopes to add further satellite sites in various other communities, Seth strives to provide quality customer service with a large selection of movies and games to meet customers’ needs, all at the price that is the lowest on the Pine Ridge Reservation.  Lakota Funds loans are just one of the services Lakota Funds has to offer, assisting entrepreneurs like Seth with renovations and adding to inventory.  S & S Video is providing the reservation with the convenience of video rental right here locally.   

There are free classes offered: Core Four Business Planning, Financial Literacy, and Homebuyers Training just to name a few. Wawokiye Business Institute also has small business success coaches who assist future business owners like Seth with resources and technical assistance. 

Badland Boy Adventures

Lakota Funds assisted Chris Cuny to get his new business, Badland Boy Adventures, started with one of the loan products. Chris used the Core Four Business Planning Course to start his plan. Chris began his road to entrepreneurship with Harvey White Woman as his small business success coach four years ago, now he has David White Bull to assist in getting his entertainment business up and running. Badland Boy Adventure is possibly the first portable rock climbing wall entertainment in Indian Country. It will be set up at pow-wows, local schools, local trade shows, and various tribal programs, with the first appearance at the trade show in Rapid City the 3rd week in March. Chris stated, “If you got your dream, okay it’s possible to find resources here, give it a shot.” read more...

 

The Reservation Economy: From Underground to Formal?

Lakota Funds notes that twenty years ago tribal member Richard T. Sherman completed a study of the Pine Ridge Indian Reservation economy for the Aspen Institute. He showed there were around eight thousand six hundred tribal members running small businesses on the reservation at that time. Indeed, he found thirty percent of households on the reservation generated over half their income from these informal and usually home based activities. Obviously, these small businesses were and are a very important part of the economy on the reservation. Small entrepreneurs provide goods and services ranging from child care, firewood, traditional arts, food and other items to appliance repair, taxi services, money lending and over a hundred other activities he identified. Lakota Funds has always taken seriously the challenge of working with these small entrepreneurs to expand and develop by providing training and small loans. read more

Lakota Trade Center Space Available, Suite 106, 1100 Square Ft.
For more information call Darrell Twiss at 605-455-2500 or Email