You can earn a 15% bonus on your Available Balance from your Artisan Loan account when you use it to purchase products on the Novica.com website. At the Novica checkout, you'll be given the option to 'cash in' your new Bonus Balance, and use it towards your purchase!
Example:
| Your Available Balance: | $250.00 |
| Your 15% Bonus: | $37.50 |
| Your Product Credit at Checkout: | $287.50 |
You can use your Product Credit when you use it for retail product purchases on the Novica.com website. Your 15% Bonus does not apply to gift cards or new loans.
0% Interest for artisans.... are we crazy?! It sounds too good to be true, but this concept is only made possible by our unique ability to cut out the financial middlemen. In addition to dispatching all customer orders, our regional offices across the world can now also serve as disbursement centers for Artisan Loans, providing artisans direct access to the credit they need to grow their businesses.
Also, If we're receiving 0% funds from customers and lenders, we feel we should charge 0% to our participating artisans. Our economic incentive is for each artisan to grow their business and be successful.
Loan requested: $1,050
$685 funded
$365 still needed
Hand-carved wood art - Bali and Java
Loan requested: $1,250
$755 funded
$495 still needed
Wood sculptures - Bali and Java
Loan requested: $1,100
$560 funded
$540 still needed
Handcrafted jewelry - Bali and Java
Loan requested: $900
$345 funded
$555 still needed
Cuzco ceramics - Andes
Loan requested: $1,250
$255 funded
$995 still needed
Hand-carved sculptures - Bali and Java
Loan requested: $1,200
Fully funded!
Sterling Silver and Gemstone Jewelry - Andes
Loan requested: $700
Fully funded!
Handwoven natural fiber home decor - Bali and Java
Loan requested: $1,050
Fully funded!
Hand woven tapestries - Andes
Loan requested: $600
Fully funded!
Alpaca wool apparel and accessories - Andes
Loan requested: $600
Fully funded!
Hand-loomed tapestries - Andes
Loan requested: $400
Fully funded!
Leather Masks - Brazil
Loan requested: $1,500
Fully funded!
Jade and sterling silver jewelry - Central America
Loan requested: $2,850
Fully funded!
Handcrafted jewelry - Thailand
Loan requested: $2,850
Fully funded!
Silver and gemstone jewelry - Bali and Java
Loan requested: $2,500
Fully funded!
Jade and sterling silver jewelry - Central America
Loan requested: $2,400
Fully funded!
Silver and gemstone jewelry - Andes
Loan requested: $1,500
Fully funded!
Leather bags - Mexico
Loan requested: $1,000
Fully funded!
Loan requested: $800
Fully funded!
Silver and gemstone jewelry - Andes
Loan requested: $1,500
Fully funded!
Reverse painted glass mirror frames - Andes