Manar Khalil Story:
Manar is a 23 years old young lady who lives in Cairo, she graduated from the Faculty of Engineering and she works as a technical office engineer in the morning. She is an ambitious young lady with a variety of interests. She started two years ago to have her own business by working in the evening on electronic marketing for clothes and accessories through the social media networks that she has been developing.
As a result of the big increasing in cloths prices in the market, she started quickly to have many customers of many women and girls that are looking to find products that are reasonably priced and good quality. She now has a group of more than 1,300 people who interact with her on the different products that she posts.
Manar contacted Naslink to help provide her with a loan in order to expand her scope of work by adding new items and having product varieties such as men's and children's clothing of all sizes and also buying a large quantity of the products in bulk prices. Her ability to by in bulk will help her in making good deals with suppliers and will help her maintain reasonable prices and consequently maintain the satisfaction and loyalty of its customers. Manar dreams that one day she will be able to open her own shop and sell her products.
Loan Needed: 9,000
Duration: 10 months
Naslink Note:
Our ground staff visited Manar at home. She is young but full of energy, She was very happy with the loan terms that were presented to her. Manar has a very good working setup with low risk as her assets are all online and her ability to turn the products into cash is not difficult. She has steady customers that made us very confident of her ability to repay the loan.
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.