Hany Kamel is 40 years old. He is married with 3 children in elementary school. He has been working as an electrician for more than 20 years. He supports his family from his business and is able to take many jobs but in the small and medium size as he mostly works alone or with an additional worker.  

He usually works in many areas around Cairo and has taken a few jobs of layout the electricity network for a whole apartment. He says work is slower these days, but people are still needing to fix or finish quickly because everyone knows that tomorrow is more expensive than today.

Hany wants a loan to buy more equipment and tools for his work so he can decrease the costs of having to rent equipment when he needs it. This is his First loan and has asked around and was surprised of the conditions and the desire to help him get through.  

Loan Needed: 7,000
Duration: 9 months

Naslink Note:
Naslink agents met with Hany and have actually seen a place that he made the electricity network. The tools he wants to buy are not capital intensive and he has the cashflow to be able 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.  

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