Kuleana minutes— April 19, 2011

Kuleana Project MEETING SUMMARY Micro-Lending/Support Team
Date Time Location
Monday April 19, 2011 4:45pm – 5:55pm Catholic Charities, 1822 Keeamoku St.
Leads Attendees
▪ Fran Gendrano
▪ John Cheever ▪ Rona Fukumoto
▪ Jessica Horiuchi
▪ Kevin Kawahara ▪ Michael Morales
▪ Ben Ancheta (Absent)
▪ Lorene Yap ▪ Yvette Maskrey (Absent)
▪ Kim Horan
▪ Char Dote (Absent)
TODAY’S AGENDA

1. Meeting was called to order at 4:45pm
2. Kuleana Options Discussion:
a. John C. Meeting Summary
i. John C. met with Ho’ala Greevy and advised on the process for the Malama loans.
ii. John C. noted from the April 4th meeting proposed creating 5 (1) hour training classes as opposed to a semester long KCC entrepreneurship class.
1. John C. met with Susan Dick, KCC professor who runs the Entrepreneurs class. Susan advised that since her class is a semester long she does see high dropout rate. Suggested to bring a “box” that contains all their receipts, etc. to help organize.
iii. Small business development consortium(?) (SBDC) provides students/clients more academic structure and may not be appropriate for prospective Kuleana clients.
iv. Jessica H. noted that the clients of SBDC may have some experience and are not new to the small business process. Also noted that SBDC contracts out 3rd party support for those who are new and may be at a high risk to fail.
1. Kevin K. asked what is the criteria to make an assessment/evaluation of those that fit into the high risk category.
2. Schedule a meeting to review with 3rd party contractor their processes. (Jessica H.)
v. John Rapoon?, Executive Director of the Key Project advised they could potentially be our fiscal sponsor for AUW. Ask Norm Baker if this is acceptable during April 26th meeting, (John C.)
1. Meeting is scheduled for April 26 from 9:30 to 11:30am with Norm Baker. (John C.)
vi. Kim H. noted that if there other funding entities that are similar then we should look at aligning with them, since we do not have a proven track record at this time.
b. Funding/Client Discussion
i. Aloha United Way
1. Application deadline is May 14th.
ii. Gift Foundation
1. Application deadline is May 1st.

3. By-laws Review
a. Noted that we have 11 Board members and we should only have 10. John C. to determine one person to be removed from the Board.

4. Kuleana Document Review
a. Reviewed the Kuleana worthy verses credit worthy comparison. John C. created a document that the team reviewed. Updates were noted in the meeting. John to repost after it is edited.
b. Discussed whether we should provide confidential information to the potential client. Team agreed that we should provide general feedback from the form.
i. Rona F. noted that we should create a check box to allow the reference provider the ability to share their comments with the potential client if they would like to do so.
ii. John noted that we should check box to opt out of sharing information. (John C.)
c. Team agreed to ask for at least 3 references: case worker, landlord and personal (not a family member).
d. Team agreed to change the name from reference to recommendation form.
e. Noted that we need to have a process that ensures we are approving the appropriate pool of applicants.
f. Clients will need to meet with an interview panel and provide a presentation. Create a less intimidating name for the process. (John C.)



5. 501(c)3 Application Review
a. No update.

6. Kuleana Networking/Outreach List
i. Goodwill
ii. Aloha United Way
iii. UH
iv. PCF Alumni
v. Young Presidents
vi. Gift Foundation
vii. Iolani Entrepreneur’s Club

b. Beta Applicant Form Review
i. No updates at this time.

7. Other/New Kuleana Business
a. Team agreed to use Bancoh for account. Set up account. (John C.)
b. Call Alison at PID and advise her that we did not get the Innovation Fund funding. (John C.)
c. Follow up with Tom on creating a logo for Kuleana and possibly dinner. (Jessica H.)
d. Initial fundraising goal is to get $5K. Kim H. noted that we should expected donations to be realized once we hit certain milestones. Board is committed to funding the initial goal. Reach out to PCF classmates. (John C.)

8. Meeting adjourned at 6:10pm

UPCOMING MEETINGS/KEY EVENTS
• Next meeting is scheduled for Monday, May 2nd, 4:30pm at Catholic Charities, 1822 Keeamoku Street, Room TBD.