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Toni
Toni is the owner of The Elite and Performing Arts Center in Woodland Hills. She offers dance classes, birthday parties, and she sells dancewear for adults and children. The staff offers ballet, tap, jazz, hip-hop, ballroom, acrobatics, and even Zumba classes for children and adults.

Most of the marketing is done through word of mouth and social media but Toni does send out mailers, post cards, and brochures to different schools in the community. She has hired one staff member as Marketing Manager to help her contact different schools, attend all school events, and market the company's dance classes.

The Elite Dance and Performing Arts Center Inc. is seeking a $10,000 loan to pay three months of rent while they renovate an extra room in the studio to add more dance classes.

Additional Information

More information about this loan

This loan is part of the Kiva City Los Angeles initiative in partnership with the Los Angeles Mayor's Office of Small Business and VEDC (Valley Economic Development Center). Kiva City Los Angeles is a subset of Kiva City, a program that allows Kiva lenders to make microloans to small businesses in the United States with the help of community organizations and U.S. Field Partners.  

Important Information

Valley Economic Development Center (VEDC) is a non-profit community development financial institution and the largest provider of loans for small businesses and micro-entrepreneurs in the Greater Los Angeles area. In addition to loans, it offers extensive training opportunities, workshops, consulting and small business support services.

About United States

  • $47,000
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $11,272,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $10,000 helped Toni to pay three months of rent while they renovate an extra room in the studio to add more dance classes.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 15, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 18, 2015