Ka Wai Ola - Office of Hawaiian Affairs, Volume 31, Number 12, 1 December 2014 — Page 10 Advertisements Column 1 [ADVERTISEMENT]

Office of Hawaiian Affairs | Ka'a ka 'ili'ili i ke ala kalai i na lala o ka nahele

OHA LOAN 1 PROGRAMS

3Y THE NUMBERS $36.5 Million

Total value of loans As the loan Administrator of the Native Hawaiian Revolving Loan Fund (NHRLF), from FY 2007 to 2014 the Office of Hawaiian Affairs offers the Malama and Hua Kanu loan programs to Native Hawaiian customers, and businesses. The Native Hawaiian Revolving Loan Fund Board of Directors retain loan approval authority. II II II The Board's mission is to enhance access for all persons of Native Hawaiian ancestry to credit, capital and financial services, and skills so as to create jobs, wealth, and Number of OHA economic and social well-being for all the people of Hawai'i. , . , from FY

Malama and Hua Kanu Loan disbursements (July 1, 2013 to June 30, 2014) $731,519 Home Improvement $672,730 Business $344,026 Debt Consolidation $464,207 Education $2,212,482 Total

2007 to 2014 34% The average increase in income to businesses using OHA loans to expand their businesses

— Number of loans by island + ^(July 1, 2013 to June 30, 2014) Kaua'i i — Hawai'i 20 homeowners 6 19 used Malama Loans to install O'ahu w** photovoltaic systems putting 88 ,Sna i K $200 to $450 4n3® back into their pockets. Total 2

126 Ay| 4 Average annual income boost for those ^)4j4d4 who used OHA Loans for education.