Medium Risk 7
This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
It has a lower-medium Credit Quality due to average to low cashflow and average to high Debt Service Ratio.
MAHLIGAI COCO KAMISAN TRADING, Trading,
RM 50,000 for 36 month term. RM 50,000 funded
Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?
Yes / Ya
Who is the Issuer and what does the business do? / Siapakah Penerbit dan apakah perniagaan yang dijalankan Penerbit?
Mahligai Coco Kamisan Trading is a coconut supplier and buys raw materials directly from a nearby coconut plantation. In addition, we also sell coconut shakes to gain side income.
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Mahligai Coco Kamisan Trading adalah pembekal kelapa dan membeli bahan mentah terus dari ladang kelapa yang berdekatan. Di samping itu kami juga menjual coconut shake untuk menambah pendapatan sampingan saya.
Please provide us the background / experience of the owner /key person (s) in the business? / Berikan kepada kami latar belakang / pengalaman pemilik / orang penting dalam perniagaan?
I am a young entrepreneur who has attended courses conducted by MDEC, namely their eRezeki and eUsahawan programmes. I have 5 employees at the moment and 5 years of experience in coconut trading throughout the state.
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Saya seorang usahawan muda yg telah menjalani kursus di MDEC - program eRezeki dan eUsahawan. Saya mempunyai 5 orang pekerja buat masa ini dan berpengalaman selama 5 tahun dalam urusan jual beli kelapa di serata negeri.
What are their future plans? / Apakah pelan masa depan perniagaan ini?
We hope to be able to compete and always be able to meet customer demand in the short and long term.
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Kami berharap agar mampu bersaing dan sentiasa dapat memenuhi permintaan pelanggan dalam jangka masa pendek dan jangka masa panjang.
What has been their annual sales trend? / Bagaimanakah hasil trend penjualan tahunan mereka?
The initial growth of this business since its opening until now is positive. We are doing well for our business and our revenue is on an upward trend and we hit RM283,500 in Gross Profit in 2019.
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Perkembangan awal perniagaan ini sejak dibuka hingga kini adalah positif. Kami menjalankan perniagaan dengan baik dan pendapatan kami berada pada tahap yang memberangsangkan. Keuntungan Kasar pada tahun 2019 mencecah RM283,500.
Number of years in business? / Usia perniagaan?
5 Years / 5 tahun
How would the Issuer utilise the funds raised on the platform? / Apakah yang kami akan lakukan dengan wang yang dikumpul di platfrom ini?
We will use the funds to buy and add stock. This is because the demand for stock from customers is very high.
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Pihak saya akan menggunakan dana yang diperoleh untuk membeli dan menambah stok. Ini kerana permintaan stock dari pelanggan yang sangat tinggi.
The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments
The Issuer has a Guarantor for this financing. The risk is MR7 (Medium Risk 7) and so it has an upper-medium Interest Rate and has an upper-medium Risk of Default. Issuer has been running mainly a cash-based business and only recently been running his operations using their company bank account. Hence this is reflected in the Issuer's MR7 rating. We have also independently verified their Cash Invoices with several of his customers. The Issuer has no outstanding loans and has sufficient revenue to cover his monthly payments.
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Penerbit mempunyai Penjamin untuk pembiayaan ini. Risikonya adalah MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kadar Faedah atas-menengah dan mempunyai Risiko Keingkaran menengah-atas. Penerbit telah menjalankan perniagaan berasaskan wang tunai dan baru-baru ini menjalankan operasinya menggunakan akaun bank syarikat mereka. Oleh itu, ini dapat dilihat dalam penilaian MR7 Penerbit. Kami juga telah mengesahkan Invois Tunai mereka dengan beberapa pelanggannya. Penerbit tidak mempunyai pinjaman tertunggak dan mempunyai pendapatan yang mencukupi untuk menampung pembayaran bulanannya.
This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
It has a lower-medium Credit Quality due to average to low cashflow and average to high Debt Service Ratio.
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This Investment Note pays a low Interest Rate and has a low Risk of Default.
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This Investment Note pays a medium Interest Rate and has a medium Risk of Default.
It has a medium Credit Quality due to average cashflow and average Debt Service Ratio.
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It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.
This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
It has a lower-medium Credit Quality due to average to low cashflow and average to high Debt Service Ratio.
This Investment Note pays a high Interest Rate and has a high Risk of Default.
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This Investment Note pays a higher Interest Rate and has a higher Risk of Default.
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This Investment Note pays the highest Interest Rate and has the highest Risk of Default.
It has the weakest Credit Quality due to very low cashflow and very unhealthy Debt Service Ratio.