Yuni is a Balinese artisan who specializes in silk batik items. She would like to purchase silk, canting tools, and batik stamps.
Yuni has been selling through NOVICA since 2006. This is her story:
Yuni learned the art of batik when she was very young from her mother. She has been making batik at home in Java for over 23 years, "while waiting each day for my father to come home from the sea. We still design together, especially the floral and bird motifs that are typical in Pekalongan batik. My husband Rieckey also helps me a lot, but as a woman, I'm very proud of the fact that I can have the career that I love, and to be able to provide for myself and my family."
"I want to give a million thanks for your support and for trusting me with this incentive. This support will help keep my venture growing by allowing me to offer work to batik artisans. I have received many requests for my products, but because my capital is not much, I cannot fulfill all of them. I need capital that would allow me to stock up on silk and batik materials to fulfill these orders. I am really counting on this interest-free microcredit to speed up our batik production. Our sales are increasing, but there are not enough of us to meet orders. We are making a great big effort to work at full capacity, but it is not enough if we do not get more people to help us or cannot buy more silk and new canting for new batik designs. To all of you who have offered your support, I would like to express my biggest thanks."
Use the link below to view Yuni's silk batik items on the NOVICA site:
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.