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Rafael is a Guatemalan artisan who specializes in handcrafted, jade-and-silver jewelry. He would like to invest in materials, such as jade and sterling silver, for his work.

Rafael has been selling through NOVICA since 2013. This is his story:

"I have a great love for jewelry; this is my vocation. In the 1980s, my father learned to create designs with jade. With the passing years, he came to craft very good jewelry. When I was 12, I began helping in the workshop after school and, little by little, I learned the art. I hope to be able to sell my own designs so that my father's dream of having a large workshop can come true. I dream that my wife and I can go to college one day and work hard, so that we can give our children everything they need."

"I'm very grateful for this opportunity, because it's a huge help to me and a way for us to get ahead. Often, we have to stop production when we run out of materials. This microcredit will let me buy a bit of silver and jade and develop new designs. I thank all of you very much for your assistance and for understanding an artisan's needs."

Use the link below to view Rafael's silver and gemstone 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 Guatemala

  • $5,300
    Average annual income
  • 128
    View loans »
    Guatemala Loans Fundraising
  • $10,287,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $200 helped Rafael to invest in materials for his work, such as jade and sterling silver.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 9, 2013
Nov 8, 2013
Currency Exchange Loss:
May 17, 2014