Services
Manal coiffeur services
5000 EGP Collected of 5000 EGP
Manal Shokry’s story:
Manal is 35 years old who lives in Giza, she is a single mother that is trying to cover her expenses to help her two children.
Manal participated in a workshop to learn hairdressing and received training through this course. She is now working as a hairdresser and practices her work by going to client’s houses. She has been receiving a lot of requests for services but does not have enough tools and supplies to serve all. She is also aiming to hire another person to help her with the visits.
Manal wants to improve her income by buying new supplies and materials that need to be constantly replaced and will be cheaper to buy in bulk.
Naslink Note:
Even though this is an informal business, we think that is a viable business model based on a low expense setup and access to a variety of clients from different social standards. The desire to hire an additional person signals the high demand and ambitious mentality.
Loan needed: 5000.00
Loan period: 8 months
Loan Terms and conditions:
Zero Interest Rate
Monthly Repayment
Naslink will wait for 75% of requests before transfer to the borrower. Repayments start 1 month from transfer to borrowers.
By supporting this borrower, you are agreeing to the following:
An admin fee of 4.5% will be deducted from the repayment installments.
Fees are used for verification and operational expenses.
Returned support is reduced to 95.5% of original.
An optional 5% of support amount may be given by the supporter to the borrower at the repayment of the last installment as an incentive for full repayment.
Automatic re-lending options may be selected at payment.
Supporters may not support more than 50% of the loan.
All payments are electronically exchanged for transparency. No cash exchange.
No credit card or other similar financial data is stored on our system. Just name and phone number.
The borrower is signing legally binding documents and contracts to ensure the full repayment of support.
Age | 35 Years
Location | giza
Duration | 8 Months
