Ka Wai Ola - Office of Hawaiian Affairs, Volume 35, Number 1, 1 January 2018 — HUA KANU LOANS [ARTICLE+ILLUSTRATION]

HUA KANU LOANS

HO'OKAHUA WAIWAI ECONOMIC SELF-SUFFICIENCY

"OHA's loan products are intended to help level the playing field for Native Hawaiian entrepreneurs with the overall goal of increasing eeonomie self-sufficiency for our community." - OHA CEO Kamana'opono Crabbe, Ph.D.

0NA's C00 Lisa Victor with Lia Young Hunt & Ululani Young of Goldwings Supply, ine. as Lia displays Goldwings' work at the Pacific Missile Range Facility.

"Native Hawaiian business owners often face challenges because they have difficulty accessing conventional financing options," said Kamana'opono Crabbe. "OHA's loan products are intended to help level the playing field for Native Hawaiian entrepreneurs with the overall goal of increasing eeonomie self-sufficiency for our community." Goldwings Supply Service, ine. is one of the businesses in FY2017, who took out a Hua Kanu loan from OHA's loans program, whieh are available to highly qualified and established Native Hawaiian business owners. Under the program, applicants may apply for oans up to $1 million. "The Hua Kanu loan program is an incredible financial product, granting crucial working capital to flourishing Native Hawaiian companies," said Goldwings President Lia Young Hunt. Established in 1976, Goldwings Supply Service, ine. is a second-generation, women-owned small business. The company primarily services the public sector, offering technical solutions in the aviation, roadways, marine, and renewables fields. Historically providing airfield operational support and aircraft parts and equipment, Goldwings has expanded to pavement maintenance and solar powered niehe solutions over the past 15 years. Hunt said their $300,000 Hua Kanu loan will provide the necessary capital to expand their business to pursue more government projects and assist with growth. "We are thrilled to have been selected and look forward to growing our business and representing the Native Hawaiian community on a global scale," says Hunt. OHA has now disbursed eight Hua Kanu loans, totaling approximately $2.236 million, since the program's inception in 2012. o