Mekhail Abdel Malak Story
Mekhail is 25 years old. He is single and still setting up his life for the next step. Mekhail has been working as a mechanical technician since high school. He learnt and interacted with a lot of drivers and mechanics through his job and made him understand the ins and outs of what is needed in this market. He practiced the skill of fixing mechanical hoses that are used in trucks and heavy machinery. There is demand for this as the hoses break all the time and need to be replaced using special machines.
Mekhail took out 2 loans before; he used both to prepare a shop in 10th of Ramadan city that he partnered in and to buy the machines that he needs for his work. The loans have been paid off and now he needed to buy materials.
Mekhail heard of Naslink from a friend and contacted our agents. Our agents met him and made the preliminary audits of his cash transactions and general income. He prefers to get a loan from Naslink as the terms are very good for him and will not burden him with giving away a large part of his profits.
He needs the money to buy more hoses that he uses to replace the ones on the trucks and add the fittings on its ends.
Loan Needed: 9,000
Duration: 10 months
Naslink Note:
Our staff met Mekhail after he contacted us. Our agents checked his story and liked that puts a lot of effort to expand his business and seek higher return projects. His income and cash cycles will be sufficient to repay the loan 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 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