A knitting loom is provided with a base having top and bottom, the base including a plurality of knitting pegs equidistantly projecting upward from the top of the base, each of the knitting pegs having a top hole and a vertical groove formed on an outer surface; a plurality of convex risers each formed on a joining portion of the knitting peg and the top of the base, a plurality of cavities formed on the top of the base, each of the cavities communicating with the vertical groove, and a plurality of wells equidistantly formed on the bottom of the base; and a plurality of pins each including a shank fastened in the top hole, and an enlarged head.