Mohamed Magdy Story

Mohamed Magdy, 24 years old, from Ezbet el Nakhl area in Cairo. Mohamed is single, he currently lives with his family and is in charge of providing for them. He is a graduate of one of the commerce schools in Cairo.      

Mohamed works in a private company in the morning as an accountant which provides a steady income but not enough for the whole family. He first got the idea to open his candy selling place in 2020 and actually started but had to shut down because of Corona and the restrictions that were imposed.   

He started again 9 months ago at a very prime location in front of the metro station. The project went very well because the shop was in an area filled with traffic and he sells attractive products.

Mohamed contacted Naslink as he wanted a loan to expand his work by adding more merchandise so he can serve more clients with a bigger variety.

Loan Needed: 9,000

Duration: 10 months

Naslink Note:

Our agents checked Mohamed’s story and liked that he puts a lot of effort into expanding his income. 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. 

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

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