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Made is a Balinese artisan who specializes in hand-carved sculptures. He would like to invest in the purchase of raw materials such as wood, and also to pay labor for production.

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

"I come from a family dedicated to this art for generations. I first learned to carve from my father, who specialized in a particular style of carving, locally known as 'sri bunga' as well as 'keris'. When I finished school, I apprenticed with my uncle who taught me to carve traditional images. In 1993, a cousin taught me the carving of modern statuettes. I began to sell my work to sustain my studies, and now several galleries in Bali collect my creations."

"At this time of the year I must focus on increasing my stock, especially for the coming holiday season. That's why I want to thank you so much for this microcredit loan, because it'll give me plenty of time to get ready. Thank you for supporting a small business artisan like me."

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
  • 84
    View loans »
    Indonesia Loans Fundraising
  • $5,740,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Made to invest in the purchase of raw materials such as wood, and also to pay labor for production.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Oct 9, 2013
Sep 11, 2013
Currency Exchange Loss:
Jun 17, 2014