Samir Ibrahim story

Samir is 66 years old; he is an elderly man who rents an electronic devices repair shop in Cairo.

He is married with two kids that have other jobs.

Samir has been in the repair business for more than 30 years. He has a lot of clients, as he became very popular in his area in fixing and detecting problems in home appliances and other kinds of devices. Samir is an honest man, which made his shop a trustworthy place people can rely on.

Also due to the inflation, buying new home appliances started to become difficult and a heavy load to many people, so expanding his scope of work by adding more services and buying good quality spare parts became a must.

He also has needs to buy parts from used equipment to be used as spare parts in the already available home appliances in the area. He is saying that this has become the more available source of parts since there is a problem with importing spare parts in Egypt and people need to fix their equipment.

Loan needed: 9000.

Loan period: 5 months

Naslink Note:

Samir is a nice man who was referred by a supporter due to the need for capital. Samir does not have a technical advantage in his skills, but basic spare parts are not that complicated and sell for bulk sums. The sales turnover is safe to give him funds to repay the loan that he needs.    

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.

for more details, please visit https://naslink.co/about