Lakota Fund, Inc., The

What their website says about applying

• Copy of Tribal ID or Degree of Indian Blood source
• 3 Year’s Tax Returns (Both Individual and Business) source
• 3 Months Bank Statements (Individual and Business if applicable) source
• Visit our Lending page to see all of our offerings and apply online. If you need assistance filling out the application, please call us at source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

• Low or damaged credit considered No! Many of our clients have credit challenges or no credit history. source
• No or thin credit history considered No! Many of our clients have credit challenges or no credit history. source
• Collateral required Yes, collateral will probably be required. source

Only rules the lender's own pages state. Other requirements may apply.

Read from 4 pages of the lender's website on 29 Oct 2026. Quotes are verbatim. Reviewed by a person (Oct 2026). Items added later were extracted with AI help and checked automatically against the pages listed below. Confidence: high. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 29 Oct 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. What interest rate and fees should I expect on your farm loans and microloans?
   Their website does not state a rate for this.
2. How long can I take to repay?
   No repayment terms are stated on their website.
3. Do you offer free coaching or help preparing my application?
   CDFI certification requires development services, such as training or advice, alongside lending.
4. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 46-0421416, filed as “LAKOTA FUND”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer

Filings over time

Total assets grew 31% from Dec 2021 to Dec 2023; notes and loans receivable rose 23%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).

Other certified CDFIs in Kyle and South Dakota

• Lakota Federal Credit UnionCredit union · Kyle, SD · Native CDFIOfficial list only
• Akiptan, Inc.Loan fund · Eagle Butte, SD · Native CDFIAgriculture / farm loansVerified
• Coteau Valley Federal Credit UnionCredit union · Sisseton, SDAuto / vehicle loans, Home mortgages, Personal / consumer loansVerified
• Dakota ResourcesLoan fund · Renner, SDMicroloans, Nonprofit / community facility loansVerified
• Fort Randall Federal Credit UnionCredit union · Wagner, SDAgriculture / farm loans, Auto / vehicle loans, Credit-builder loans, Equipment loans…Verified
• Four Bands Community Fund, IncorporatedLoan fund · Eagle Butte, SD · Native CDFIAgriculture / farm loans, Credit-builder loans, Home repair / improvement loans, Microloans…Verified

All 15 CDFIs in South Dakota