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#regional: RUMAKI CAFÉ BREAKS NEW GROUND WITH MĀORI KOHA-LENDING FIRST
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Waatea News: Māori Radio Station
Rotorua’s Rumaki Cafe is breaking new ground before it has even opened its doors, becoming the first pakihi Māori to seek investment through Te Whare Manaaki, a new kaupapa Māori peer-to-peer koha-lending platform.
The fully immersive reo Māori cafe is seeking $15,000 through the platform to help complete its journey towards opening on Fenton Street in Rotorua.
For IndigiShare, that makes the Rotorua venture an important test after almost a year developing Te Whare Manaaki.
In Rumaki’s case, there is another return on that investment — strengthening te reo Māori.
It could support Rumaki, be repaid, move into another pakihi Māori and continue circulating.