World Bank President Visits Pine Ridge To Boost Entrepreneurism

[Judi Lynn]

Saturday, April 2, 2005
Story last updated at 12:51 AM on Apr. 2, 2005
World Bank President Visits Pine Ridge To Boost Entrepreneurism

By: By CARSON WALKER
Associated Press Writer


KYLE -- Angie Reyes does what economic development leaders on the Pine Ridge Indian Reservation believe is key to building an economy where one barely exists.
She and her husband, Jesus, started selling burritos out of a cooler 11 years ago at powwows and other events. As the business thrived, they moved it into a trailer and then a bigger trailer. Now they run the Mexican restaurant La India Bonita Burritos in Kyle, one of three eating places in town.

Reyes said they've been able to expand over the years because of financial help and guidance from the Lakota Fund, which makes loans to startup and expanding businesses on the reservation.

Without the fund, Reyes said her business would not have been able to grow.

As part of an effort to encourage other such entrepreneurial efforts, the outgoing president of the World Bank, James Wolfensohn, will tour the reservation Saturday and be honored at the annual Pine Ridge Chamber of Commerce dinner.
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http://www.yankton.net/stories/040205/news_20050402020.shtml

Out with the old, (sigh....)

James Wolfensohn



In with the new.