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Creating the Taala Fund - Taala Fund

“Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.”
by Chief Seattle, 1854

Creating the Taala Fund

In 2008, QIN began participating in classes sponsored by the US Treasury’s CDFI Fund to explore the idea of establishing a CDFI on the Reservation. Staff worked with First Nations Oweesta to conduct a study to define the target market. The preliminary findings show that there is very high interest in small business development and a very high need for financial education, expanded savings, and credit building services. Housing resources were also cited as a “need.”

Due to the remote location of the Reservation and the need for culturally appropriate services, these services would be best provided by a local CDFI focused specifically on QIN. This prompted QIN to create Taala Fund.