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Widiana specializes in handcrafted sterling silver jewelry. To continue production, he would like to invest in the purchase of larger quantities of sterling silver.

Widiana has been selling through NOVICA since 2003. This is his story:

Widiana was born in Gianyar province. "My village is well known for the type of jewelry we create in gold and silver. As a child, my parents taught me how to make rings, necklaces, pendants, and earrings. My work has been well accepted and I am proud to say I have won several awards for the originality and quality of my work."

"Thanks much for your support through this interest-free microcredit. I will use it to buy as much silver as possible, so that I may increase my stock of products, including some new designs."

Use the link below to view Widiana's silver 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 Indonesia

  • $5,200
    Average annual income
  • 138
    View loans »
    Indonesia Loans Fundraising
  • $6,318,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Widiana to purchase silver in bulk and expand production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Aug 24, 2012
Jul 24, 2012
Currency Exchange Loss:
Jan 19, 2013