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Antonio
Antonio is a Peruvian artist who handcrafts wood jewelry boxes and home decor accessories. He would like to stock up on pine and mohena woods and special kinds of lacquer he uses in his work

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 for the support you offer craftspeople who dedicate our lives to this art. With this microcredit, I'll be able to buy supplies — mainly wood — in good shape for finishing. Summer is almost over here and the wood is dry and ready to use."

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.

Tags

About Peru

  • $6,715
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $56,733,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Antonio to stock up on pine and mohena woods and special kinds of lacquer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Jun 11, 2014
Listed
May 9, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014