Zandra is a Guatemalan artisan who specializes in jade and silver jewelry. She would like to invest in the purchase of more silver, jade and tools so she can develop her new designs.
Zandra has been selling through NOVICA since 2011. This is her story:
"The first thing I ever made on my own was a pair of silver earrings. My husband taught me so I could help him. I remember watching him work on his own 'til all hours of the night and I really wanted to learn how to craft jewelry. Finally the day came when he asked me to help him and that's how I started. As I saw the jewelry I had been crafting and saw how beautiful it was. It's not been easy getting established as an artisan because silver is very expensive and it's difficult to purchase. But when you set your own mind to it, you can achieve your goals. My greatest dream is to be able to buy a piece of land and build my own house so that I may leave it to my two sons.
I like to work with jade because it is a sacred stone for us Maya people. Jade used to be worn as an amulet, and those who wore the most jade pieces were considered to be the most important people in the community. Rescuing the value of our traditions is always important.
Silver has become a way of life for my family, and little by little I'm teaching my sons so that when they grow up they may choose to continue what their mom and dad began for them. Guatemala offers many opportunities for those of us who like to work hard and now my husband and I have a workshop where we also sell our designs. I strongly believe that everything is possible if one has dreams, and that nothing is impossible if you work hard to achieve your goals."
A message from Zandra: "I have many new ideas in mind for new jewelry pieces, but I need some special tools to be able to make them. I would also like to prepare a good stock in time for the holiday season. That's why I would like to thank you so much for your support through this microcredit. May Good bless you."
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.