The COVID-19 pandemic is having a profound impact on Native communities across the nation. As a national intermediary, Oweesta has had the privilege of supporting and witnessing many resilient, indigenous-led responses Native CDFIs are implementing that address their tribal communities immediate and impending needs in light of COVD-19. Please join us as we provide a second webinar series designed to share tools and resources that can assist in your community response to this crisis, as well as to help manage the day-to-day changes within operational and lending measures in light of the COVID-19 epidemic.
Together We'll Get Through This: Strategies & Resources to Stay Grounded
Webinar Series
Helping Your Community Members Weather the COVID-19 Financial Storm
Thursday, May 7th at 1pm MST
Join Oweesta as we provide a webinar to support your counseling work with clients during the COVID-19 outbreak with tips and tools to manage and protect their finances.
If you are a CDFI, you might be providing flexible lending opportunities to you community members and possibly new loan products during the pandemic. However, you may want to consider providing additional counseling support to your clients on navigating and managing a new financial environment. We will share tools and strategies that you can use to support clients in protecting their credit score, prioritizing bills, accessing the stimulus relief payment, and much more.
For questions regarding the webinar, please contact Lanalle Smith at lanalle@oweesta.org
Thursday, May 21st and Thursday, June 11th at 1pm MST
Join Oweesta as we provide an opportunity to pause, connect and share strategies on how to achieve a new work and home balance during these unprecedented times.
Our day to day routines have been forced into an altered reality of work, home and community obligations. As a result, we may be feeling stress and uncertainty. Numerous strategies can be helpful for maintaining our well-being, both mentally and physically, so that we continue to function at our best to honor ourselves, our families and our communities. We will begin with a grounding and centering of our mind and bodies and will provide the opportunity to share the peaks and valleys of our days. Lastly we will communicate techniques to manage and understand the many emotions we may be feeling in light of COVID-19.
For questions regarding these webinars, please contact Lanalle Smith at lanalle@oweesta.org
Loan Restructuring, Write-offs, and LLR Amid the Crisis
Webinar Series
Batten Down the Hatches: Loan Restructuring
Wednesday, May 13th at 1pm MST
Join Team Oweesta and a panel of Native CDFI practitioners as we discuss best practices for portfolio management amid the Covid-19 pandemic. This webinar will focus on restructuring our loan portfolios in order to protect our assets and help our loan clients who are unable to meet their loan obligations during this unprecedented time of income loss. We will hear from a panel of four Native CDFI’s who will share their internal plans and practices for loan restructuring.
Panelists include:
Florence Ludka - Chief Financial Officer of Oweesta
Russ Seagle - Executive Director of Sequoyah Fund
Fern Orie - Executive Director of Wisconsin Native Loan Fund
Kristen Stambach - Director of Lending of Four Bands Community Loan Fund
For questions regarding the webinar, please contact Florence Ludka at Florence@oweesta.org
Don’t Get Written Off by Write-Offs: LLR and Best Practices for Write Offs
Wednesday, June 3rd at 1pm MST
Join Team Oweesta as we discuss best practices for portfolio management amid the Covid-19 pandemic. This webinar will focus on loan write-offs and LLR amid the growing portfolio delinquencies due to the Covid-19 pandemic. We will discuss downgrading your portfolio and increasing loan loss reserve to protect against potential future losses and how your LLR may look different now compared to pre-pandemic. We will also discuss best practices around loan write offs.
For questions regarding the webinar, please contact
Florence Ludka at Florence@oweesta.org
