Karim Mohamed Story

Karim Mohamed is 37 years old. He is married and a father of 2 children whom he tries to provide a good education that would give them a good chance in life in the future.

Karim lives in Imbaba. which is one of the oldest parts of Cairo. He has been working in his small shop for more than 4 years.

Karim is highly dependent on his small business as it gives him a chance to provide for himself and family. He spends a lot of time in it as it is very important that he maximizes his sales and profit.  Although he started quite small but was able to grow his mini shop to provide more products.  

Karim wants the loan 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. This will be his 2^nd loan; he took the first one and repaid it in full to supporters.

Loan Needed: 15,000

Duration: 14 months

Naslink Note:

Karim is ambitious and really needs to see his mini market well established. Retail business is usually safe as it has fast cashflows and the more products are circulated, the more shops make. We believe Karim 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