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Komang is an Indonesian artisan who specializes in handcrafted silver and gemstone jewelry. He would like to purchase larger quantities of silver and gemstones to increase production.

Komang has been selling through NOVICA since 2012. This is his story:

"I was born in Celuk, renowned as the birthplace of silversmiths. When I was 10 years old, my parents, who are master silversmiths, told me to learn about making jewelry because someday, when I got older, I'd be able to make a living from this skill. I enjoyed creating new designs for my parents. I like drawing and I came up with a variety of jewelry designs. I even earned some money with this. I love this job! The nicest part of my jewelry is the uniqueness of its style. Although it shows an ethnic influence, it's different."

"I am new to Novica, and I'm really excited about creating more new designs. I'm really happy to receive the micro-credit, too, because this can help me replenish my stock and also — little by little — help me to develop new creations. I know it will work and, with time, my sales will increase. Thank you so much for your support, and for purchasing my jewelry. Please know that you are a part of the success I'm working toward. Thank you!"

Use the link below to view Komang's sterling 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
  • 24
    View loans »
    Indonesia Loans Fundraising
  • $6,145,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Komang to purchase larger quantities of silver and gemstones to increase production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Feb 21, 2013
Jan 17, 2013
Currency Exchange Loss:
Aug 18, 2013