Update on MagdalinaMagdalena earns a living by traveling to schools and childcare centers putting on performances, short plays, and concerts for children. She works by herself, but sometimes her sister helps her out. Magdalena is very talented. She writes poems and songs, and composes scripts for her performances. She is also a book author. It was difficult for Magdalena to get started. But thanks to her resilience she was able to promote herself. Magdalena has saved 5000 hriven to buy musical instruments (traditional Ukrainian flutes, psalteries, maracas, etc.), and children's toys. To perform her concerts she needs more materials and instruments; the more varied the concerts, the more often she will be invited to perform. WIth time, she hopes to perform abroad. Magdalena has long dreamed of investing her earnings into recording CDs with her songs; this is something she has wanted to do for several years.
В этот раз Магдалине понадобилась сумма в 5 000 гривен для того, чтобы приобрести музыкальные инструменты, а именно, сопилки, гусли, маракасы и прочее, а также игрушки для детей. Для проведения концертов необходимо больше материалов и инструментов, ведь чем разнообразнее будет концерт, тем чаще Магдалина будет получать заказы в будущем. Со временем она надеется организовать выезды и заграницу. Полученную от выступлений прибыль Магдалина уже давно мечтает вложить в запись дисков со своими песнями, о чем мечтает уже несколько лет.
Previous Loan DetailsMagdalina is from Vinogradovo. She has a very interesting profession: she travels to schools and childcare centers and puts on various kinds of shows, short plays and concerts for children. At the beginning Magdalina used to work by herself without recruiting any assistants. It was hard at first,... More from Magdalina's previous loan »
About HOPE UkraineHOPE International, a Christian faith-based non-profit organization, has been operating in Ukraine since 1997. HOPE Ukraine was the organization’s first international venture. In addition to its core microfinance activities, HOPE also supports an active children's ministry in Ukraine in the form of “Tomorrow Clubs,” after-school programs that teach children the gospel through games, skits and songs.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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