Fawzi Karam Story

Fawzi Karam is 23 years old. He is single and is the main supporter to his family of 2 siblings in primary school in Fostate district of old Cairo. He has been working at his small shop for more than 2 years. He is the only provider for the family.

Fawzi really liked his small business as it gives him a chance to interact with many people and is a good foundation for growth potential. Although he started quite small but with good trading skills and deals with wholesalers, he was able to grow his retail shop to provide more products.  

Fawzi took out a loan from Naslink 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 repaid the first loan on time and approached Naslink for a 2^nd loan with a higher value.

Loan Needed: 12,000

Duration: 11 months

Naslink Note:

Fawzi was pleasant to meet, he is ambitious and has a trade geared mind. 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. 

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

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