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Abdul
Abdul is a carver from Ghana. He would like to invest in materials for his hand-carved African masks and purchase tools for his workshop.

Abdul has been selling through NOVICA since 2010. This is his story:

"I always knew I wanted to paint, but wasn't sure I could make a living out of it, so I looked into other fields too. I observed a master carver at his workshop for a period of time, then I picked up a log of wood and started carving out a mask as I had observed him doing. This surprised him and he was willing to help me perfect the skill. I developed a love for this new art, and that's how I eventually became a master carver myself.

"I am very grateful to those of you who help to fund my loan. Without you, I would never have reached where I am now. May God bless you all."

Use this link to view Abdul's hand-carved wood masks on the NOVICA site: http://www.novica.com/kiva/7253

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
  • 23
    View loans »
    Ghana Loans Fundraising
  • $11,435,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Abdul to purchase raw materials for his carvings and tools for his workshop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Jul 31, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014