Fawzi Karam is 23 years old. He is a single man that currently supports his mother and two sisters, his father passed away recently. Fawzi lives in Fostat, which is one of the oldest parts of Cairo. He has been working as an assistant in a small shop for a number of years. He started his small Market when his father passed away 6 months ago.

Fawzi is highly dependent on his small business as it gives him a chance to to provide for himself and family. He spends a lot of time in it as it is very important that he maximizes his sales and profit.  Although he started quite small but was able to grow his mini shop to provide more products.  

Fawzi wants the loan to buy more products that he can display in his small market, which will attract more customers as he will be able to supply more of their needs. He has approached Naslink when he heard from the neighbors about the terms and treatment.

Loan Needed: 9,000
Duration: 10 months

Naslink Note:
Fawzi is ambitious and really needs to see his mini market well established. Retail business is usually safe as it has fast cashflows and the more products are circulated, the more shops make. We believe Fawzi will be able to repay his 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