NasLink | Support, Change A Life

A little about Us

Welcome to NasLink

Naslink aims to provide a win-win setting for people willing to give money (Supporter) and those in need of funds (Borrower). Through our platform, we strive to create a LINK between the People (NAS) who give cash donations to charities and small business owners (borrowers).

We TRANSFORM giving into interest-free RETURNABLE SUPPORT.

Support funds, given, will be RETURNED to Supporters, in installments, by already operating Small and Micro businesses who do not have access to affordable financial services to expand and scale-up their businesses.

Returned support can then be RE-GIVEN to new businesses and returned in installments. These cycles create multiplier effects with a positive impact of every pound, create opportunities for better livelihoods, and better business conditions for financially constrained small and micro business owners. Returned support can be withdrawn at any time by the Supporter.

Naslink’s main role is to assess businesses to ensure they are viable and trustworthy, consequently increasing the probability of the return of the funds. Naslink also facilitates the transparent and safe financial transactions between Supporters and Borrowers.

In return for its services linking people and small businesses as well as ensuring secure deals for both parties, Naslink deducts a service fee of 4.5% from each installment ensuring its sustainability and expansion to service others.

Naslink is legally registered in Egypt with Commercial registration and Tax card. It is working within the Fintech ecosystem of Egypt. It is a social business that aims to be self sustained while having a strong social impact that actively changes the livelihoods of people.

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More about NasLink

Vision

People will have access to equal and sufficient economic and social opportunities to improve quality of life and dignity.

Mission

To create a link between generous people and people needing funds for their small and micro businesses, enabling them to become more profitable and elevate their livelihoods; and return the funds to be re-given to others for amplified impact.

Objectives

NasLink is a social business that aims to reach 25,000 people in the Arab region by 2027; and provide the following:

- Facilitate the MOST AFFORDABLE funds on the market in comparison to other alternatives of Banks, Microfinance, and civil society.

- Expand the use of FINANCIAL TECHNOLOGY to enable seamless exchanges between all clients through transparent existing electronic payment networks.

- Create opportunities for technical and operational LEARNINGS by which small and micro businesses can expand, modernize, and franchise.

- Develop and facilitate CONSOLIDATED PRODUCTS and partnerships that can be added to the funds, including insurance, saving, credit, marketing, and many others.

Core Values

- Equality: NasLink believes that people are CREATED EQUAL and should be treated fairly. Small, micro and unbanked businesses are business worthy. They deserve to have ACCESS to financial funds and services in a proper and DIGNIFIED manner that would enable them to sustain better livelihoods by spending on health, education, and better quality of life.

- Trust: NasLink values integrity, fairness and honesty in all business dealings. TRUST is the cornerstone of our business, and it will never be compromised.

- Neutrality: NasLink values diversity and NEUTRALITY. We serve people on the basis of need and proper business principles, regardless of ethnicity, religion or any other affiliation.

- Efficiency: NasLink commits to strategic growth and EFFICIENCY, through constant improvement of our operations and pursuing opportunities to promote our business model and capabilities.

- Safeguarding: NasLink commits to good stewardship of the company's and clients’ resources, embracing the responsibilities of SAFEGUARDING principles and standards in all our dealings.

NasLink Terms & Conditions

Naslink assures the identity and viability of the borrower. Naslink will apply its best efforts to ensure the smooth and regular return of all installments. The borrower signs legal documents as a guarantee which will be used in the events that there is default in repayments.

By supporting a borrower, you are agreeing to the following:

- An admin fee of 4.5% will be deducted from the repayment installments. These fees are used for verification and operational expenses to ensure the sustainability of the people linking process.

Returned support is reduced to 95.5% of original.

- An optional 5% of support amount may be given by the supporter to borrower at the repayment of the last installment as an incentive for full repayment.

Choice at payment is given to supporter.

- Automatic re-lending option may be selected at payment in case the supporter wants Naslink to re-give the returned installments. All re-lending is displayed in the “my support” section on the supporter profile.

- Supporter may not support more than 50% of the loan.

- Supporter may not support the same borrower more than 3 times annually.

- All payments are electronically exchanged for transparency. No cash exchange.

- Supporter can reclaim amounts by electronic transfer after repayments should they wish. Personal identification may be required. Amounts are subject to any transfer fees.

- All support is held in our bank account temporarily until the remaining support is collected and the borrower signs the required binding documents. No transfer is made before that.

- All Data is treated as confidential and will not be given or shared with any third party for any purpose. No credit card or other similar financial data is stored on our system. Just name and phone number.

- The borrower is signing legally binding documents and contracts to ensure the full repayment of support.

- Naslink will put its best effort to ensure full repayment. Naslink will seek legal action in case the borrower does not repay the full amount and returned amounts will be transferred to supporter at recovery.

A little about Us

Welcome to NasLink

More about NasLink

How It Works

1. Borrowers apply on website

2. Story published to supporters

3. Support a small business

4. Select amount and options

5. Get repaid on installments

6. Re-lend or withdraw

NasLink Terms & Conditions