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Anderson Lenis
Anderson is 33 years old, single, and has no children. At a very young age, he began attending rehearsals for various musical groups and discovered that he had a talent for music. Shortly thereafter, he was hired to teach classes in different towns and also began giving private lessons on his own so that he could generate income to support himself. With some of his savings, he bought a sound system that he rents out for different events. This provides additional income so that he can meet his basic needs.

As a result of his experience and knowledge in this field, Anderson has now become a singer-songwriter. Within a short time, he also decided to start a music school so that he could become financially stable. He offers classes in voice, guitar, percussion, and piano. In addition, he rents out a space that different groups can use for their rehearsals.

Anderson is a vigorous and active man who possesses an enterprising spirit, which has enabled him to make gradual progress. He strives tirelessly to fulfill his dream of seeing his music school become one of the best and among the most recognized. However, he is aware that he must work hard, with dedication, and with great effort. This has motivated him to request the help of loan, which he will invest in the purchase of musical instruments (guitars, a piano, a percussion set, xylophones, and recorders). This will expand his capacity so that he can accommodate more students, which will have a positive and direct effect on his finances since he will have more income. In addition, he will be able to improve his quality of life.
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Anderson con 33 años de edad, es soltero y aún no tiene hijos. Desde muy joven comenzó a asistir a ensayos de diferentes grupos musicales y en ellos se dio cuenta del talento que posee para la música. Poco tiempo después fue contratado para dar clases en diferentes municipios y por cuenta propia ofrecía clases particulares con lo que se generaba los ingresos para su sustento, con unos ahorros compró un juego de sonido el cual alquilaba para diferentes eventos y así complementaba la entrada de dinero con el cual solventa sus necesidades básicas. Con la experiencia y el conocimiento que posee en este campo de acción, se convirtió en canta autor y, hace poco tiempo, con el ideal de estabilizar su economía, decidió iniciar su propia escuela de música, allí ofrece clases de canto, guitarra, percusión y piano, adicionalmente alquila un espacio a diferentes grupos para los ensayos. Anderson es un hombre pujante, activo y con un espíritu emprendedor que lo ha llevado a progresar poco a poco, lucha incansablemente por cumplir el sueño de que su escuela de música se convierta en una de las mejores y que sea reconocida, pero es consciente que para lograrlo debe trabajar arduamente, con dedicación y mucho empeño. Esto lo motiva a solicitar el apoyo del crédito, que será invertido en la compra de instrumentos musicales (guitarras, piano, juego de percusión, xilófonos y flautas dulces) con lo que ampliará su capacidad instalada y tendrá la posibilidad de tener más estudiantes, lo que afectará directa y positivamente sus finanzas, pues tendrá mejores ingresos. De esta forma podrá mejorar su calidad de vida.

Additional Information

Important Information

This loan is structured on Kiva as a bullet loan, which means a single payment is required at the end of the loan term. By Colombian law, Kiva's partner Interactuar is required to offer borrowers loans with a variable interest rate that fluctuates with the market rate. Because fixed monthly payments are applied first to interest and then to principal, Interactuar is unable to predict upfront what portion of each repayment would go towards the loan principal. This creates a challenge with Kiva's system, which doesn't allow for unpredictable principal payments, and can result in some Interactuar clients appearing falsely delinquent. To remedy this, the loan has an end-of-term repayment plan on Kiva, but the borrower will continue scheduled monthly repayments to Interactuar, who will then pass along the principal amount to Kiva lenders. This means that you may see repayments made on this loan throughout the repayment term, as opposed to receiving repayment in full at the end of the loan term.

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About Colombia

  • $6,070
    Average annual income
  • 305
    View loans »
    Colombia Loans Fundraising
  • $13,787,625
    Funds lent in using Kiva
  • 1,948.6
    Colombia Pesos (COP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,050 helped Anderson Lenis to buy guitars, a piano, a percussion set, xylophones, and recorders for his music school.
73% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Covered