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Antonio
Antonio is a Peruvian artisan who makes handcrafted wood jewelry boxes, mirrors and home decor. Antonio hopes to stock up on materials to craft his products, and also to invest in tools for his workshop.

Antonio has been selling through NOVICA since 2005. This is his story:

"I'd describe my work as life itself, and my existence together with it. When I was only 17, I created my first piece and it was an immense satisfaction. Art guides my hands in that moment of pleasure as I begin a design. My pieces are inspired by the olden times and reflect the style of vintage pieces. They transmit my love for life and for nature — its flowers, birds and all the rich flora and fauna of our country."

"I'm very grateful to all of you who are helping artisans to develop new designs and keep them in stock. I plan to use the money for materials and tools that will help us more quickly craft our designs for you."

Use the link below to view Antonio's wood mirrors, jewelry boxes and home decor on the NOVICA site:

http://www.novica.com/kiva/5387

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

  • $6,715
    Average annual income
  • 34
    View loans »
    Peru Loans Fundraising
  • $55,853,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $150 helped Antonio to stock up on materials to craft his products, and also to invest in tools for his workshop.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Feb 10, 2014
Listed
Jan 6, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2014