Native Women Lead aims to help Indigenous women entrepreneurs across the world access the capital, mentors and financial education needed to thrive in business.
Some of the founders met five years ago at an event hosted by the Women's Economic Forum in Albuquerque, where they participated in a panel called"Developing the Space for Positive Native Women Mentorship.
To date, Native Women Lead has provided about $500,000 to 65 Indigenous women entrepreneurs through the two funds, partnering with credit unions and financial intermediaries such as Nusenda Credit Union and Common Future to connect entrepreneurs with capital. While closing the wealth gap might start with funding opportunities, Native Women Lead views wealth as"more than just revenue or profits," Stephine Poston, one of the group's co-founders, says."To build true wealth, we need to protect our culture, our families, our mental health and our communities," she adds.
Native American women represent two-thirds of the breadwinners in their families, Vanessa Roanhorse, a co-founder, points out, and are often key"economic stabilizers" in their communities.
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