Services
Mr. M
7000 EGP Collected of 7000 EGP
Ayman Ibrahim’s story:
Ayman is 31 years old; he is a young man who rents a shoe repair shop in Cairo.
Ayman has been in the shoe repair business for more than 5 years and expanded his knowledge to include the fixing of bags and leather materials. He is planning to expand his scope by adding more services to his shop.
Ayman wants to expand his work by buying sewing machines and generating more income. His biggest personal burden is paying for his son’s education fees and supplies.
Loan needed: 7000.00
Loan period: 5 months
Naslink Note:
We think the idea of expanding to buy sewing machines makes a lot of sense. With inflation, clothes are becoming more expensive, and more people of different social standards need tailoring their current wardrobe. The idea of diversification gives him more channels of revenue and ability to hire others and create job opportunities.
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.
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 | 31 Years
Location | cairo
Duration | 5 Months
