Funded

Total loan: $2,700
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Matta


A loan of $2,700 helped to invest in a bulk purchase of materials for her handcrafted jewelry.


Matta's story

Thailand's Matta specializes in designing handcrafted jewelry. She would like to invest in a purchase of silver beads, pearls and gemstones for her jewelry business.

Matta has been selling through NOVICA since 2000. This is her story:

"Chiang Rai, where I am from originally, is home to many ancient ethnic tribes. I began to learn and developed a passion for gemstones and I derive great joy from sharing my creations."

"This micro credit loan will make it possible for me to lower my costs so that I can sell my products at competitive prices. I have to travel to Bangkok to buy all the materials, but if I can buy more at once I can save on the cost of traveling. Also if I can buy materials at a certain quantity, which always requires a large investment, I can save further. I have to pay everything in cash, especially the wages for my team, who I pay daily. This micro credit loan will really help me to add new designs as well. Thank you!"

Use the link below to view Matta's handcrafted jewelry on the NOVICA site: http://www.novica.com/kiva/2312



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: April 21, 2014

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: April 21, 2014