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OCR Page 1 of 11Rebeca is funding this -
STATES
or
UNITED
THEM
AMERICAN INDIAN
STATES
8
UNITED
YES
BUSINESS LEADERS
INICINES
IMIGNES
(AIBL)
NEWSLETTER
Issue No. 9
Winter/Spring 1998
This newsletter is to provide you
small business loan of up to
THE FIRST
with an update on AIBL's National
$1,000. In addition to other
Program Development and the
criteria, the chapter will have to
AIBL PROFESSIONAL
Program's activities and events..
submit a business plan to
CHAPTER
compete for a loan. AIBL will
charge a small interest rate on
ORGANIZES IN
AIBL RECEIVES
the loan that will go toward an
"Emergency Fund" for AIBL
BILLINGS, MONT.
FUNDS To BEGIN
student members.
Nine American Indian
CHAPTER
professionals from Billings,
REVOLVING LOAN
Montana met on February 28
and organized the first AIBL
PROGRAM
Professional Chapter. Maria
Valandra (Cree), Human
AIBL's staff was notified
Resource Manager for First
that the Handsel Foundation
Bank Billings, and Gerald
located out of Berkley, CA will be
Sherman (Oglala Lakota),
AIBL will make the loan
awarding funds to support
Community Development
application packages available by
AIBL's Chapter Revolving Loan
Officer for First Interstate Bank,
the end of May, 1998. It is
Program.
were instrumental in getting the
anticipated that AIBL will begin
The Chapter Revolving
professionals from the Billings
making its first Chapter small
Loan Program (CRL) will be
area involved and getting the
business loan in late August or
designed to provide AIBL's
chapter established.
September, 1998. Thus, AIBL's
student chapters with a financial
Maria reported that
staff would like to encourage its
resource to begin a chapter
there were nine professionals
Chapter members to begin
owned and operated business on
who attended this meeting.
thinking about generating some
their campus.
However the group anticipates
small business ideas! For more
With this funding AIBL
that the chapter will grow as
information call The National
student chapters (not individual
there are many more people
Office at (406) 243-4879.
student members) may apply for a
interested in becoming involved.
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