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Sandra is an artisan from Peru who specializes in silver jewelry. She is applying for a 1300 USD loan through NOVICA to invest in a bulk purchase of natural gemstones and silver for production. She has been selling through NOVICA since 2004. This is her story:

Sandra works alongside her mother, Lily, who is also pictured. Joined not only by family ties in common, they share a passion for art. Both are self-taught. Their work designing and crafting jewelry is a constant source of inspiration, and both find motivation in the inner peace they feel as they create. Their designs search to transmit and share the positive energy they receive from the natural gemstones.

Sandra says, "We would like to thank you all from the bottom of our hearts for supporting us through your microcredit. May God bless you."

Use the link below to view Sandra's silver jewelry on the NOVICA site:

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

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $59,005,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Sandra to invest in a bulk purchase of gemstones and silver for her jewelry production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Sep 16, 2013
Aug 17, 2013
Currency Exchange Loss:
Aug 17, 2014