Check out some available loans that are similar to this one!
Andrea
Andrea B. is a Zumba instructor and the owner of Intone Dance Studio in Corpus Christi, Texas. When Andrea first started taking Zumba classes, she realized “this is how I wanted to keep exercising.” Andrea, who is Colombian-American, likes how Zumba combines exercise with Latin dance rhythms. A year and a half ago, Andrea became a certified Zumba instructor, prompting her to leave her career as a flight attendant and begin teaching classes herself.

She opened Intone Dance Studio on April 1, 2011. In addition to Andrea, the studio has three instructors who all individually teach classes, allowing Andrea to offer classes throughout the morning and afternoon. Many of her current students are people who followed her from the studio where she previously worked. The students help Andrea grow the studio by recruiting friends and bringing them to class. Though anyone can join, the majority of Andrea’s students are young and middle-aged women.

Andrea is using this loan from ACCION Texas-Louisiana to help cover initial operating costs and meet any unforeseen expenses. She hopes to save enough of the money from this loan to upgrade the studio’s sound system once the business gets through the first few startup months. For supplemental income, Andrea rents out the studio for special events such as baby showers.

Andrea loves seeing the physical and mental transformation her students undergo as they take her classes. She hopes to eventually expand her studio and carry workout apparel. Andrea likes owning her own business, despite finding it stressful. “Being your own boss is good because you can organize your time the way you want it. But at the same time, it brings a lot of responsibility…it is a challenge.” Andrea is married with a 16-year-old son.

Additional Information

About Accion Texas Inc.

Accion Texas Inc. (www.acciontexas.org) is an award-winning nonprofit organization with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, Accion has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.acciontexas.org.

About United States

  • $47,000
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $10,959,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,500 helped Andrea to meet operating expenses and upgrade a sound system.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
May 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013