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9000 EGP Collected of 9000 EGP
Wagiha Lotfy Story
Wagiha is 40 years old, from Ezbet
Khairallah area near Cairo. Wagiha is married and a mother of two children in
primary school. Her husband owns a tricycle that he uses to transport goods.
Wagiha resorted to trading after
her husband was in an accident and could not drive the tricycle anymore. Wagiha
noticed that there were no salt suppliers in her area after hearing that it was
a common activity. She started the project of distributing salt on her husbands’
tricycle which her son drives. She gets the large raw material from Fayoum and
Sharkeya area out of Cairo. Out of season, she trades in clothes. She started a
clothes trading business as she buys from traders (stocks) and sells to
individuals.
Her business started small but now
she has more opportunities. Wagiha contacted Naslink as she wanted a loan to
expand his work by adding more merchandise and raw materials that she can buy
from traders.
Loan Needed: 9,000
Duration: 10 months
Naslink Note:
Our staff met Wagiha after she contacted us. Our agents checked
his story and liked that she puts a lot of effort into expanding her business.
Her income and cash cycles will be sufficient to repay the loan she 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.
·
No
credit card or other similar financial data is stored on our
system.
for more details, please visit https://naslink.co/about