Kuleana minutes— Jan. 11, 2011

Kuleana Project MEETING SUMMARY Micro-Lending/Support Team
Date Time Location
Tuesday, November 29, 2010 4:15pm – 6:15pm Catholic Charities, 1822 Keeamoku St.
Leads Attendees
▪ Fran Gendrano
▪ John Cheever ▪ Rona Fukumoto
▪ Jessica Horiuchi
▪ Kevin Kawahara ▪ Michael Morales
▪ Ben Ancheta
▪ Lorene Yap
TODAY’S AGENDA

1) Key Decisions/Updates
1. PID meeting. Jessica H. and John C. met with Allison and agreed to be our Fiscal Sponsor for the Hawaii Innovation Fund application. John C. provided a copy of the fund concept application to PID for review.
2. Assumptions – we are currently not asking for any resource support from P.I.D..
2) HCF Application review
1. Review and confirm HCF fiscal sponsor requirements. (Jessica H.)
2. Validate if P.I.D. has a processing fee for providing fiscal sponsorship. (Jessica H.)
3. Verbal agreement is in place and a Memorandum of Agreement (MOA) is contingent upon HCF approval process.
4. Per Kevin K. a 501c3 is not required for HCF submission.
5. Reviewed and updated HCF application. Provide the updated document to the group. (John C.)
6. Lorene spoke with Grameen America in NY. They advised that their initial concept request is 1 sheet and no business plan. Loan review is also only 1 sheet. There are groups of 5 that meet once a week and vet proposal requests. If approved the entire group has to sign off.

3) Next Steps
1. Submit HCF application. (John H.)
4) Action Items
1. Provide loan application template for review next meeting. (Fran G.)
2. Distribute to the team a preliminary project schedule/task list after P.I.D. update. (Mike M.)
3. Review and confirm HCF fiscal sponsor requirements. (Jessica H.)
4. Validate if P.I.D. has a processing fee for providing fiscal sponsorship. (Jessica H.)
5. Reviewed and updated HCF application. Provide the updated document to the group. (John C.)
UPCOMING MEETINGS/KEY EVENTS
• Next meeting is scheduled for December 13th, 4:30pm at Catholic Charities, 1822 Keeamoku Street.