Patricia is a Peruvian artist and designer who specializes in handcrafted jewelry. She would like to purchase fine silver and natural gemstones.
Patricia has been selling through NOVICA since 2001. This is her story:
Patricia works with a number of crafts in regions throughout Peru. "My art is a personal search. I find nourishment in the art of our ancestors, the experience of master artisans, and the influence of international designers. Crafts are my life's passion."
"I thank you all from the bottom of my heart for this microcredit. It's amazing to feel so supported, especially by people who appreciate the arts. Many thanks, and may God bless you."
Use the link below to view Patricia's silver and gemstone jewelry 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.