The NNDF is hiring!

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POSITION DESCRIPTION

Position Title:                            Executive Support Assistant

Reports to:                                   Executive Director, Northwest Native Development Fund

Job Level:                                       Hourly

Compensation:                          $16-$19 DOE

Hours:                                               Full-time

Location:                                        Coulee Dam, Washington Office

 

Position Summary:               To assist the NNDF Executive Staff to ensure the overall efficient and effective management of the operations of the Northwest Native Development Fund (NNDF). This role includes supporting communications, scheduling, and other administrative functions. Is a key member of the NNDF team responsible for working together to secure the long-term future for this regional Native community development financial institution.

Specific responsibilities will include:

Executive Director and Executive Team Support Responsibilities

  • Prepare and produce documents, including high-level proofreading and editing.
  • Maintain Executive Director and organizational master calendar.
  • Perform research and project support tasks.
  • Coordinate NNDF resources (both staff and material resources) and logistical preparations for meetings, presentations, etc., represent NNDF at events, site visits etc.
  • Coordinate travel arrangements and conference attendance for staff.
  • Manage electronic filing.
  • Develop PowerPoint presentations.
  • Other duties as assigned.

Board of Directors Support Responsibilities

  • Prepare materials for quarterly board meetings.
  • Type and send meeting minutes for board and committee meetings.
  • Prepare and update board orientation materials.

Lending Support Responsibilities

  • Record monthly payment reconciliations, loan payments.
  • Gain knowledge on the home mortgage lending process and client contact.
  • Assist pulling credit reports, UCC checks, new loan app support.

Administrative Responsibilities

  • Answer phones professionally and refer calls to appropriate staff.
  • Maintain NNDF calendar of events and grant calendar.
  • Coordinate organizational training courses, working closely with training facilitators.
  • Send reminders to course participants.
  • Maintain course instructor files. Manage and coordinate course instructors.
  • Support the Executive Director and the NNDF team with marketing, social media interactions, and public relations activities.
  • Performs other related duties as required.

Desired Qualifications:

We are looking for someone with a shared commitment to our mission and wish to embody the organizations core values bringing a broad range of skills and experience including but not limited to:

  • Equivalent work experience and strong work history.
  • Excellent organizational and time management skills with excellent attention to detail.
  • Strong written and verbal communication skills .
  • Experience working with Tribal communities or diverse communities preferred.
  • Proficiency with Microsoft suite products packages, (Word, Outlook, Access, Excel, PowerPoint).
  • Ability to learn quickly, work independently and handle multiple tasks with attention to detail.
  • Knowledge of online communication products.

Special Requirements:

  • Must be available to work full-time at the Northwest Native Development Fund Office.
  • Work schedule might involve some evening and weekend work.
  • Might be asked to travel for multiple days in a row.

HOW TO APPLY

Send an email to chrisc@thenndf.org with the subject line “Job Opening, Exec Support – [YOUR NAME].”  In the email, please include as a single PDF attachment:

  • Your resume
  • 1 page cover letter explaining your interest in NNDF and the position
  • Short answers to the following questions:
    • What does access to capital mean to you?
    • The NNDF conducts credit checks, is there anything you want to share with us about your credit history?
  • In the body of the email, please copy and paste the content of your short answers and include your name, phone number, and email address.

 

 

 

 

 

 

NNDF Receives $500,000 Wells Fargo Grant

FOR IMMEDIATE RELEASE
October 23, 2020
CONTACT: Ted Piccolo (509) 633-9940

NORTHWEST NATIVE DEVELOPMENT FUND RECEIVES $500,000 WELLS FARGO GRANT TO HELP SMALL BUSINESSES STAY OPEN

Coulee Dam Washington – The Northwest Native Development Fund (NNDF) has been awarded a $500,000 grant from Wells Fargo’s Open For Business Fund to help Washington businesses stay open in these times of COVID-19 and disastrous wildfires. The NNDF will use the funds to implement a unique “Small Business Mercy Loan” program.

“I cannot express how excited I am that Wells Fargo has selected the Northwest Native Development Fund for this round of funding,” said Ted Piccolo Executive Director of NNDF. “We are going to immediately begin pushing to get these funds out and onto the streets, and dirt roads, of Indian Country in order to help Native-owned businesses bridge these tough times and rebound into the future stronger than ever before.”

The NNDF will provide working capital loans at 3% interest for small businesses. For businesses that have approved credit they will be able to secure these loans with their account’s receivables based on pre-COVID 19 income.

“This grant will bring an influx of capital and coaching to Native-owned businesses throughout the Northwest. The Open for Business Fund is another avenue of support and enlists the expertise of organizations like NNDF to urgently help small businesses recover and preserve the jobs they provide in their communities,” said Dwight Prevo, Wells Fargo’s Washington community development officer.

Wells Fargo launched the Open for Business Fund this summer as an approximately $400 million small business recovery effort across the U.S. to help entrepreneurs recover and rebuild.

If you are a small business in need of working capital or know of someone who is, then contact the NNDF to see if this new Mercy Loan product will help you.

The NNDF has provided over $8 million in small business loans to individuals in the logging, fishing, retail and construction industries and much more.

The NNDF is a non-profit 501 c 3 organization with a mission to help individuals obtain and grow personal assets through lending and technical assistance.

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NNDF RECEIVES $1,083,300 AWARD

FOR IMMEDIATE RELEASE

  September 25, 2020                                                  

CONTACT: Ted Piccolo (509) 633-9940

NORTHWEST NATIVE DEVELOPMENT FUND

RECEIVES $1,083,300 AWARD FROM US TREASURY CDFI FUND

 

Coulee Dam Washington – The Northwest Native Development Fund (NNDF) learned yesterday that they will become the recipient of a $1,083,300 award for the expansion of services and to increase the volume of their small business lending. The NNDF will use this million dollar plus award to grow their lending capital fund and increase the current portfolio to $8 million dollars by the year 2022.

“We are happy, humbled and excited that the CDFI Fund saw fit to invest in our little company,” said Ted Piccolo NNDF Executive Director. “We have already provided over $8 million total dollars in small business financing and this award will help us leverage to larger financing dollars in order to fuel small businesses in Eastern Washington.”

The NNDF also provides credit builder loans for people who are struggling to increase their credit scores while avoiding predatory lending operations. They also provide free family budgeting workshops, small business marketing workshops and an extensive business planning course.

“I am proud to announce the fiscal year 2020 CDFI Program and NACA Program Award Recipients,” said CDFI Fund Director Jodie Harris. “These organizations are providing vital economic development and financial services to neighborhoods, businesses, and families. I am especially proud that we have 91 new organizations receiving awards this year, expanding the opportunity of this program to even more communities across the country.”

The CDFI Fund’s Native Initiatives generates economic opportunity for Native Communities by supporting the creation and expansion of Native CDFIs like NNDF though the Native American CDFI Assistance Program (NACA Program) and Capacity Building Initiative trainings. The Native CDFIs, in turn, help to create jobs, establish or improve affordable housing, and provide accessible financial services and counseling within their communities.

The Northwest Native Development Fund has already infused over $8 million dollars in the community. This, largest grant award to date, will significantly help the NNDF to increase their contribution to local economic development.

The NNDF is a non-profit 501 c 3 organization with a mission to help individuals obtain and grow personal assets through lending and technical assistance.

 

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Indianpreneurship Graduation

On August 4th the Northwest Native Development Fund graduated 8 individuals from the 2019 Indianpreneurship course in Omak Washington. 

Indianpreneurship is the small business planing course that was created by ONABEN specifically for Indian Country. This course uses the “story telling” technique to teach people how to research, analyze and then share their particular business “story” or “plan.”

 

 

NNDF Receives $770,000 Award from U.S. Treasury CDFI Fund

 

FOR IMMEDIATE RELEASE

CONTACT: Ted Piccolo

September 20, 2018                                                   (509) 633-9940

NORTHWEST NATIVE DEVELOPMENT FUND RECEIVES $770,000 AWARD FROM U.S. TREASURY CDFI FUND

Coulee Dam Washington – The Northwest Native Development Fund (NNDF) learned yesterday that they will become the recipient of a $770,000 award for the expansion of services and to increase the volume of their small business lending. The NNDF will use the $770,000 award as seed to grow their lending capital fund and increase the current portfolio to $5 million dollars by the year 2020.

“We are happy, humbled and excited that the CDFI Fund saw fit to invest in our little company,”said Ted Piccolo NNDF Executive Director. “We have already provided over $3 million dollars in small business financing and this award will help us leverage to larger financing dollars in order to fuel small businesses in Eastern Washington.”

The NNDF provides credit builder loans for people who are struggling to increase their credit scores while avoiding predatory lending operations. They also provide free family budgeting workshops, small business marketing workshops and an extensive business planning course. All of this financial education is tied to over $3 million dollars in small business financing and over $100,000 in consumer/credit builder lending.

The CDFI Fund’s Native Initiatives generates economic opportunity for Native Communities by supporting the creation and expansion of Native CDFIs like NNDF though the Native American CDFI Assistance Program (NACA Program) and Capacity Building Initiative trainings. The Native CDFIs, in turn, help to create jobs, establish or improve affordable housing, and provide accessible financial services and counseling within their communities.

# # #

Put Your Name On A Great Evening!

Sponsor the Native Business Awards Gala

 

Come and celebrate the 10th Anniversary of the Northwest Native Development Fund and sponsor a wonderful evening of music, arts and small business recognition.

On September 14th the NNDF will be hosting our 4th annual Native Business Awards and celebrating the Native Business Network. Each year we take notice to honor three special awardees.

  • Eagle Award (Native Business Of The Year)
  • Salmon Award (Native Purchaser/Supporter Of The Year)
  • Bear Award (Native Business Advocate Of The Year)

We will also be recognizing award winning Native Artists from throughout the year and welcoming Raye Zaragoza as special musical entertainment for the evening.

We at the NNDF thank you for your consideration of being a proud sponsor of the 3rd Annual Native Business Awards Gala and Art Auction. Your support for this event will help build, promote and celebrate the growing Small Business community within Indian Country of Washington State.

Eagle Sponsor $2,500:

  1. Will receive all of the benefits of the Salmon Sponsor, PLUS;
  2. Live recognition from the emcee of the event on the evening of the event;
  3. A table (Seating 10)

Salmon Sponsor $1,500:

  1. Salmon Sponsor will receive a minimum of three weekly expressions of appreciation in NNDF social media marketing (Facebook, Twitter);
  2. A footnote of thanks and appreciation on all emails delivered regarding the event, before and after the gala;
  3. A mention in any materials that are printed from the time sponsorship is confirmed up to the time of the event and to include any relevant post event publications;
  4. Logo and company name in printed materials distributed at the event;
  5. Logo and company name included in video presentation at the event.

Bear Sponsorship $1,000:

  1. Bear sponsor will receive a minimum of a once weekly expression of appreciation in NNDF social media marketing (Facebook, Twitter);
  2. Logo and company name in printed materials distributed at the event;
  3. Logo and company name included in video presentation at the event.

Hummingbird Sponsorship $500:

  1. Initial thanks for sponsorship in NNDF social media marketing (Facebook, Twitter);
  2. Logo and company name in printed materials distributed at the event.
  3. Logo and company name included in the video presentation at the event.

Please contact Damaris Ortiz at (509) 633-9940 or email damariso@thenndf.org.  If you would like your logo to be presented in the materials, please be sure to have your marketing department include them in your email to us along with something wonderful we can say about your organization in the video presentation!

 

The NNDF is a 501c3 Non-Profit Corporation and all contributions are tax deductible

504 Fir St. Coulee Dam WA, 99116 – (509) 633-9940 – www.thenndf.org

NNDF Announcing Raye Zaragoza to perform live at September Gala

The NNDF can proudly announce that Raye Zaragoza will be performing live at the 4th annual Native Business Awards Gala and Dinner on September 14th 2018. This annual event will also mark the 10 year anniversary of the Northwest Native Development Fund.

Please mark your calendars for September 14 and be sure to come and join us as we celebrate the Native Small Business of the year, outstanding Native artists and ten years of NNDF.

Tickets can be purchased online HERE for $20. They include dinner, artists evening, entertainment, awards ceremony and networking.

Raye Zaragoza is an award-winning singer, songwriter, and performer whose multinational heritage (Native American (O’odham), Mexican, Taiwanese and Japanese) deeply informs her music. This perspective can be heard in her independently released song “In the River,” a response to the construction of the Dakota Access Pipeline near the Standing Rock Sioux reservation in North Dakota. The quiet yet powerful track resonated strongly with listeners and went viral in late 2016, garnering half a million views on the video, national media coverage, and a Global Music Award and Honesty Oscar.

Raye’s debut album, Fight For You (independent, 2017), displays her compassion, dedication to justice and equality for all, and keen eye for the seemingly small daily moments that become our most meaningful memories. About the record, Raye says, “This album is about finding yourself and finding your voice. It’s about maturing and realizing that you can make a difference if you so choose.”

NNDF Featured in Wells Fargo Annual Report

One of our funding partners, Wells Fargo Bank, has highlighted their relationship with the NNDF in their annual report. This is a very significant document and it is truly an honor to be noticed not just once but TWICE in their annual report.

Note on page 2 there is the picture of the owner of Red Willow Cafe’ and then again on page 32 there is a story about the NNDF relationship with Red Willow and some more pictures.

Thank you Wells Fargo for your relationship and helping us to fund the dreams of Native Entrepreneurs in the great Pacific Northwest.

See the full report HERE.

The full url address is here: https://www08.wellsfargomedia.com/assets/pdf/about/investor-relations/annual-reports/2017-annual-report.pdf

The Making Of A Loan Decision

We at the NNDF look at a number of things when we make a decision to fund a loan application or not to fund a loan application. These things are generally called the C’s of credit.  Each “C” is weighted differently depending on the circumstances, however as a rule of thumb, all are taken into consideration and the stronger you are at each point the more likely the applicant will be successful at receiving funding.

Many lending institutions call them the 5 C’s of credit. They are: Credit History (character), Capacity, Collateral, Capital and Conditions.

Due to the unique nature of our region and history, we have narrowed this process down to what we call the 3 C’s. They are: Character, Capital/Collateral and Cash Flow (Capacity).

  • Character: This is just what it sounds like. This is not always a simple monetary calculation although much of the weight of the character portion of a credit analysis can come from a credit report and time on a job or time a person has owned a business. However, there are some other questions we will take into consideration that will help us reach an assessment of a borrower for this portion of the decision. Some other considerations that my help us assess the honesty and reliability to pay a debt may be:
    • How have they used credit cards or other forms of high cost financing? Do they understand the costs and are they willing to change behavior if it will help them? (They are asking us to make a financial commitment to them, are they willing to make behavioral changes for us?)
    • Do they pay their bills on time? We will often ask other lenders to see if the potential borrower is timely.  Then, unlike outside institutions, we will usually weigh some extenuating circumstances.  Was there a wildfire? Flooding? Medical issues?
    • Have they been at the same job or owned their business for a long period of time? Occasionally, we can look at an applicant and see that they have been in business for quite a long time and had one “bad year” and can show a good explanation for that down year. Things happen… But do they “happen a lot?”
    • Often this is a place where NNDF has provided some financial education or coaching. We have many applicants who have never been taught the importance of establishing and maintaining a good credit history.  If they have not, we then look at the applicant/client and ask if they are willing to learn that importance and do the things they need to do to begin to build good credit “character.”
  • Capital/Collateral: This is often a portion that is the weakest with our borrowers. However, it is also an area in which we can work with the applicant. Historically asset creation has been difficult in Indian country due to various reasons that are not always the fault of our borrowers. However, we still have our loan policies to guide us and those policies dictate that we have security for our loans. The security, or assets or collateral, generally need to match the amount of capital that is sought for the length of time it is sought.  For instance; will the collateral’s value last the entire term of a loan. It would not be fair to NNDF or the borrower to lend money on security that will have lost all or most of its fair market value before the end of the term of the loan thus leaving the borrower to be paying on something after it has reached the end of its life span. Some questions about capital/collateral are;
    • What property do you own that can secure a loan?
    • Is there a savings account?
    • Equipment?
    • Accounts Recievable?
    • And finally, if they have the requisite number of months at the same job we can use payroll deductions as a form of collateral for smaller loans.

 

  • Cash Flow (Capacity): Now that we know the borrower has good credit history or “good financial character” and we have a reasonable sense of collateral the next question is “can the borrower repay the debt.” Often borrowers believe if they just had $X.XX of dollars more they can “fix” their situation. However, that is not always the case. Because the new NNDF debt could, in the long run, place the borrower in a worse cash flow position than when they first came to us. We also must look at whether the borrower will be able to stay in their position long enough to actually “service” (make the required payments on) the new debt.

Generally, this is a mathematical question.  Some questions we will ask of the borrower are:

  • Is your job steady? Or is your business going to last long enough to service the debt? There have been times we have made smaller loans with much shorter terms or (balloon) payments that match their job or contract. And of course, if it is a contract then the contract obviously had to be more than enough to service the debt obligation.
  • How many other loan obligations do they have? This is another issue that many borrowers overlook or upon which they do not place enough value. If an applicant has many loan obligations already and we are simply adding to the list we have to know that the addition of our loan obligation will significantly improve their ability to service their other obligations as well as ours. We would not be helping them (or us) if we have placed the borrower in a position to not be able to pay all their obligations.
  • What are their current living expenses? Even for a business loan decision we must look at the applicant’s current living expenses. If their living expenses cause too much of a drain from the business at what point are they forced to make decisions between paying business debts or maintaining a particular lifestyle? Often times this is another point of education for a client. Owning a business, or taking on a personal loan, often requires difficult life choices. “Can I keep doing some of the extra-curricular things I enjoy if my monthly income is diminished by these new loan obligations?”

Most lending institutions will require that their applicants meet or exceed all the needs of the 3 C’s.  We at the NNDF serve a much different market. Often, we can work with a borrower if they fall short in one of these points IF we can see that the other two items are solid, AND they are willing to take the necessary steps to overcome that one bad credit factor.  If we must overlook two or more credit points, then the loan becomes increasingly difficult if not almost impossible.

PO Box 154 – Coulee Dam WA 99116 – (509) 633-9940

Download a copy of this process by clicking this link: Making A Loan Decision

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The NNDF

The NNDF