Mariam Gamal Abdo Story
Mariam is a housewife from Ezbet Khairallah, she is a mother of four children who decided several years ago to establish a grocery store as a contribution to her family's life. The income is not only for their daily needs, but also for her children's educational needs, and help her husband with the responsibilities of life.
Mariam's children help her every day by working with her after they return from school to ease the burden on her.
Mariam contacted Naslink to apply for a loan because she hopes to achieve further expansion of her small business by developing the store, purchasing more supplies, and obtaining more product varieties, in order to increase her income even more. By achieving that she will be able to hire a worker to help her in selling and keep the shop arrangement so her children could pay more attention to their studies.
Loan needed: 7,000
Loan period: 8 months
Naslink Note:
The cash flow cycles in mini-markets and small goods are very high. This means that because buying and selling is fast, the small profits from each item build up to become a decent income. Mariam’s project is a fast cycle project and will safely return the money while giving her additional income for her family.
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 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.
• No credit card or other similar financial data is stored on our system.