Novica has impacted the lives of thousands of artisans by connecting them to customers around the world.
Now, on our 10th anniversary, we want to continue helping artisans expand their businesses by providing access to microcredit.
For many years, Novica artisans have asked us if we could help them get loans so they could expand. We tried everything. We connected them with financial institutions. We introduced them to local banks. We even introduced them to microfinance institutions. But, unfortunately, most artisans could not obtain loans, and when they did, the interest rates were very high.
In the Novica spirit, we cut out all the financial middlemen and took the matter into our own hands!
We're launching the first-ever microfinance website where customers can purchase products and lend money directly to artisans.
And with no middlemen involved in the process, our Artisan Loans will carry 0% interest.
Yes - artisans will not be charged any interest. This revolutionary concept is possible only because Novica has offices in developing nations working directly with artisans and fulfilling customer orders. Now, our offices will also serve as disbursement centers for Artisan Loans, providing artisans access to the credit that they need to grow. We're very excited about this effort.
"When combined with information and communication technologies, microcredit can unleash new opportunities for the world's poorest entrepreneurs and thereby revitalize the village economies they serve."
~ Madeleine K. Albright and John Doerr

Nono Supriatna
Puppets - Bali and Java
To grow and sell more products I need enough capital that would allow me to buy raw materials and pay the production cost to get more quantity of the items. Right now it is limited, so we can't move forward. I...