Funded

Total loan: $2,700
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Faustino

Peru
HUANCAYO, Peru / Weaving

A loan of $2,700 helped to purchase alpaca wool and sheep wool for his weavings.


Faustino's story

Faustino and his family specialize in alpaca and wool weavings, from throws and tapestries to cushion covers and handbags. He would like to invest in a bulk purchase of alpaca wool and sheep wool to expand production.

Faustino, pictured here with his wife, Agripina, has been selling through NOVICA since 2000. This is his story:

"My parents and grandparents were artisans. So I learned at an early age to weave on rustic looms, to prepare the warp and spin the wool. Our family motto has been: I will never let go of either my grandfather or grandson's hands, for what I have learned from the elders, I will teach to the young. Based on this family philosophy, our work today represents the art that has been passed down from generation to generation within my family.

"We would like to thank you very much for your support. With this microcredit we'll be able to stock up on alpaca, which is essential for our work. We believe you must be very special people indeed for supporting us this way. We'll always keep you in our hearts."



Loan details

Loan length:

13 months
Repayment schedule: At end of term
Disbursed date: November 5, 2013

Lenders and lending teams




Loan details

Loan length:

13 months
Repayment schedule: At end of term
Disbursed date: November 5, 2013