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Mona Recycling - 2nd Loan

12000 EGP Collected of 12000 EGP

100 %

Mona Khalaf Story


Mona Khalaf is 27 years old. She is married with 2 children in primary school in Manshiet Nasser. She has been working as a garbage sorter and trader for 4 years. Her husband is a casual worker, but the income is not covering the family expenses. She started this business to support her family with the additional needs that are increasing due to the inflation and life demands of these times.  


She is a rare example of having women working in this difficult field because it has a lot of external treatment with collectors, wholesale and factory representatives. She buys the garbage from collectors then does the sorting and segregation then she sells it with a profit to factories in the area that do recycling.    


Mona received the first loan and repaid it completely; this is her second loan which she wants to be able to buy more quantities at better prices.

 

Loan Needed: 12,000

Duration: 11 months

 

Naslink Note:

We were intrigued by Mona, she is young and is doing a job that is not easy. She has a vibrant personality and an excellent trading mind. We admired her grit and the ability to stand strong in a competitive market and make sure that no one takes advantage of her. She has a steady cashflow that would enable her to repay the loan. She repaid her first 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. 

·         No credit card or other similar financial data is stored on our system.  

 

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


Age | 27 Years

Location | cairo

Duration | 11 Months