1336.61—Purpose of the Revolving Loan Fund.
The purpose of the Native Hawaiian Revolving Loan Fund is to provide funding not available from other sources on reasonable terms and conditions to:
(a)
Promote economic activities which result in expanded opportunities for Native Hawaiians to increase their ownership of, employment in, or income from local economic enterprise;
(b)
Assist Native Hawaiians to overcome specific gaps in local capital markets and to encourage greater private-sector participation in local economic development activities; and
(c)
Increase capital formation and private-sector jobs for Native Hawaiians. ( section 803A(a)(1)(A) )