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Daniel
Ghanaian artisan Daniel specializes in hand-carved African masks and drums. He would like to invest in the purchase of larger amounts of wood, polish, sandpaper and glue to increase production.

Daniel has been selling through NOVICA since 2007. This is his story:

"I'm married, and I have four children but I also look after five other children. I had already worked in carpentry when my brother-in-law Samuel taught me the art of carving. I specialize in traditional masks and African drums, and I usually get a good response from people. However, due to financial constraints, I'm not able to produce enough to meet the demand. I love to create new designs, so I constantly work to diversify my collection. I have taught more than ten people how to carve, and they are also well-established in this trade.

"I thank the people involved in this microcredit. It will help me to continue carving the works you have favored."

Use the link below to view Daniel's hand-carved masks and drums on the NOVICA site:
http://www.novica.com/kiva/6552

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 Ghana

  • $3,500
    Average annual income
  • 41
    View loans »
    Ghana Loans Fundraising
  • $11,460,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Daniel to invest in the purchase of larger amounts of wood, polish, sandpaper and glue to increase production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Mar 14, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013