User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


69° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

Severe storms possible Sunday night: Click here for details.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Most Popular Today


Tribal Member Defends Criticized Companies

November 20, 2012, 10:00 PM by Erich Schaffhauser

Tribal Member Defends Criticized Companies
TIMBER LAKE, SD -

A Cheyenne River Sioux Tribal member who is facing lawsuits that claim his businesses are offering loans that exceed maximum rates says his company is honest and helping people find work.

Western Sky is running national TV ads and is one of the companies owned by tribal member Martin Webb. The companies offer high-interest installment loans over the internet.

As some argue the ethics or legality of the loans, Webb says his business undoubtedly provides jobs in a place starving for them.

"So anything we can do to continue to grow, continue to employ people is something we're going to strive to achieve," Webb said.

The company currently employs around 100 people and plans to bump that up to 170 within a month. Webb says he has a long list of applicants waiting to fill those spots.

Corey Lawrence has been working about two years for one of Webb’s companies. She says it's made her more responsible. She used to drink a lot and rely on her family to provide for her and her kids.

"So I kind of grew dependent on them,” Lawrence said. “And now that I'm not, it kind of made me feel better about myself. It made me feel confident again."

Opponents of Webb's business aren't arguing the need for jobs on the Cheyenne River Reservation. Still, the tribe has received both positive and negative feedback about Western Sky.

Tribal leaders aren’t taking a specific stance on the business. But the chairman’s office is saying, given the estimated 80 percent unemployment rate across the reservation, it is always happy to see more jobs come.

But Four Bands Community Fund based in Eagle Butte is taking a stance against the companies. It’s a non-profit working to increase economic opportunities on the reservation and says it wants to see workers earning a pay check for more ethical work. It argues the high-interest loans cause people to pile up dept.

Webb argues the loans can save people money if used in the right situation. He also asks where his employees would work if his companies closed.

Webb started the business in 2008. In addition to two buildings in Timber Lake, it's now expanded to a third site in Eagle Butte.

Previous Story

Next Story


Comments





RELATED STORIES


Sponsored

 


View business

You may also like

Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story
New Outdoor Venue For Falls Park West

6/29/2015 5:07 PM

Mayor Mike Huether's Capital Improvement Plan includes $2.5 million for the Levitt project.

Full Story | Watch
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Greek Banks Closed, ATM Withdrawals Limited

6/29/2015 7:58 AM

French President Francois Hollande says France has "nothing to fear" from an eventual Greek departure from the eurozone.

Full Story


Events