OHA helping to provide assistance with Native Hawaiian Revolving - Hawaii News Now - KGMB and KHNL

OHA helping to provide assistance with Native Hawaiian Revolving Loan Fund

HONOLULU (HawaiiNewsNow) -

The Native Hawaiian Revolving Loan Fund is a program that provides individuals of Native Hawaiian ancestry better access to credit, capital and financial services. Within the NHRLF program there are two products currently available.  Their Malama loan, which can be used for Business startup or expansion, Home Improvement and Education. The Malama loan ranges from $2500 - $20,000 at an interest rate of 4%.  The second product that is available to Native Hawaiians is the Hua Kanu loan.  This loan is a big business loan that ranges from $200,000 to $1 Million.  Very similar to the Malama loan, the interest rate is at 4% and has a 7 year fixed term. 

For more information click here.

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