The Latest Financial News
Number of Native American Candidates Running for Office in 2018 Hits a New High
This year, according to a story on NPR, candidates for elected office include a record number of women among a record number of Native Americans. This includes Deb Haaland, who is running for Congress in New Mexico and who would become the first Native...
Personal Loans Hit a New Record, Driven by Online Lending Platforms
According to new data from TransUnion, which was reported in a Bloomberg story, personal loans have hit record highs in 2018 and are now the fastest-growing U.S. consumer lending category. The rising usage of personal loans, according to the piece, is...
SoFi Seeking $500 Million to Buy Other Fintech Firms
Social Finance Inc. (SoFi) – an online finance company that provides lending products including student loan refinancing, personal loans, and mortgages – is reportedly seeking a $500 million line of credit from banks to acquire other financial technology...
Why NAFSA?
There are more than 570 federally-recognized tribes in the United States, many of whom are spread across in diverse areas. This has left a need for other tribal economic development opportunities to create sustainability and jobs on Native American reservations.
Tribal Financial Services:
Create jobs & economic development on tribal lands
Increase the financial independence of tribes
Deploy sovereignty & bolster tribal self-determination
The Impact of Tribal Financial Services
Coming from a history of staggering unemployment rates, limited opportunities, and lack of access to fundamental resources, Native American tribes began online lending businesses to create real change for the future. Internet commerce has been a vehicle for supporting economic growth, tribal services, and tribal development. These are their stories.
Our Mission
To advocate for tribal sovereignty, promote responsible financial services, and provide better economic opportunity in Indian Country for the benefit of tribal communities.
To protect and preserve the sovereignty of Native American tribes while offering an unprecedented opportunity for tribal economic growth
Growing opportunity for Indian Country in the financial services industry
Advancing financial literacy in tribal communities
