Check out other loans that are currently fundraising!
Adriana
Adriana specializes in handcrafted silver and gemstone jewelry. She would like to invest in the purchase of fine silver to continue production.

Adriana has been selling through NOVICA since 2006. This is her story:

Born in Italy, Adriana has lived in Peru most of her life. "I began designing and crafting jewelry as a hobby, something to do in my free time when not looking after my daughters. But it snowballed and today I dedicate all my time to this craft."

"Thank you very much for this microcredit. As always, you can be certain the jewelry I craft is done with the utmost dedication to quality and, most especially, that it is crafted with loving care. Many thanks, and may God bless you."

Use the link below to view Adriana's jewelry on the NOVICA site:
http://www.novica.com/artistdetail/index.cfm?faid=5991

Additional Information

Important information about Novica

Novica is an e-commerce website that allows artisans around the world to sell unique, high-quality goods directly to consumers. It also offers small loans to help artisans in the developing world start and grow their businesses. It’s possible to buy goods created by the artisans you help fund on the Novica website.

Repayments on Novica loans are tied to artisan revenue. This means that if an artisan has a good month, they will pay back more -- or less during slower months. To accommodate this, all repayments on this loan are due at the end of the loan term. Any repayments received before this deadline will be considered pre-payments, but will still be distributed to lenders as usual.

Because Novica is not a microfinance institution, Kiva’s risk rating system is not applicable. Kiva has conducted onsite due diligence, and Kiva’s Investment Committee approved the organization as a partner. Novica offers artisans loans at 0% interest.

About Peru

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,600,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Adriana to purchase fine silver in bulk.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Oct 12, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013