Mohamed Essam Story

Mohamed, 27 years old, is from the Warak area in Giza. Mohamed studied and finished Commerce at a local school and has decided to start his own business. 

Mohamed loves to manage his own work and has a business mind, so he decided to start a business in clothes trading and rent a shop to display his goods. He aims for wholesale but also sells individually. 

His father had left the house and he helps his mother support the family of 3 sisters studying in the different stages in schools. Expenses increase as the schools’ stages develop.  

Mohamed had started with Jeans trade but now he sees the opportunity to diversify by adding a section for sport clothing. Money is always in circulation between downpayments to suppliers or selling on credit to other smaller distributors.  Mohamed reached out to a Naslink representative to get a loan of 9,000 EGP to buy stock for the new sports clothing line that he wants to develop. 

Loan Needed: 8,500

Duration: 9 months

Naslink Note: 

Our staff met Mohamed after he contacted us. Our agents checked his story and liked that puts a lot of effort to expand his business. 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