Welcome to microLEAP. Would you like to Raise Funds or Become a P2P Investor?
NT-2010-00003

NT-2010-00003

i
MR6

Saira Abdullah Enterprise, Food & Beverage

RM 22,000 for 36 month term. RM 22,000 funded

100 % 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?

This business is selling cake for Absolute Chocolate brand and I am an agent operating from home-based in Kuantan. I received the order online from the customer all through Instagram and Facebook. _____________________________________________________________________________________ Perniagaan ini menjual kek untuk jenama Absolute Chocolate dan saya adalah ejen yang beroperasi dari rumah di Kuantan. Saya menerima pesanan dan tempahan untuk kek ini dari pelanggan melalui Instagram dan Facebook.

Who is the owner / key person(s) in the business?

I am the owner of this Business for Absolute Chocolate Kuantan and assisted by my family who always supported me from the beginning. I already run this business for almost a year. __________________________________________________________________________________ Saya adalah pemilik Perniagaan Absolute Chocolate Kuantan dan dibantu oleh keluarga yang selalu menyokong saya dari awal. Saya sudah menjalankan perniagaan ini hampir setahun.

What are their future plans?

I want to expand this business by opening a mini cafe in Kuantan. With the opening of a mini cafe, customers can sit and chill while eating the cake. _________________________________________________________________________________ Saya ingin mengembangkan perniagaan ini dengan membuka sebuah kafe mini di Kuantan. Dengan pembukaan kafe mini, pelanggan dapat duduk dan bersantai sambil menikmati kek.

What has been their annual sales turnover?

The initial growth of this business since its opening until now is positive. I am doing well for my business and our revenue is on an upward trend and my sales hit RM53,000 from December 2019 until August 2020. ___________________________________________________________________________________ Pertumbuhan awal perniagaan ini sejak dibuka hingga sekarang adalah positif. Saya menjalankan perniagaan dengan baik dan pendapatan kami meningkat dan penjualan saya mencecah RM53,000 dari Disember 2019 hingga Ogos 2020.

Number of years in business?

Since December 2019, so 10 months. ____________________________________________________________________________________ Bermula pada bulan December 2019, ini bermakna sudah 10 bulan.

How would the Issuer utilise the funds raised on the platform?

I will use the funds to buy and add more stock. This is because the demand for the stock from my customers has increased and is very high. ____________________________________________________________________________________ Saya akan menggunakan dana untuk membeli dan menambah stok. Ini kerana permintaan untuk stok dari pelanggan sangat tinggi.

The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments

The Issuer has a Guarantor for this financing and the Issuer is rated 'Fair' by an external credit bureau with a Probability of Default (PD) of 15.7%. The Issuer has sufficient revenue to cover its monthly payments of RM859 a month. Her sales online via Facebook and Instagram has been good for her business and will be a good source of revenue going forward. The risk is MR6 (Medium Risk 6) and so it has a medium credit quality and medium risk of default. ________________________________________________________________________________________ Penerbit mempunyai Penjamin untuk pembiayaan ini dan Penjamin dinilai 'Fair' oleh biro kredit luar dengan Kebarangkalian keingkaran (PD) pada 15.7%. Penerbit mempunyai pendapatan yang mencukupi untuk menampung pembayaran bulanannya sebanyak RM859 sebulan. Penjualannya dalam talian melalui Facebook dan Instagram amat baik untuk perniagaannya dan terus menjadi sumber pendapatan yang baik pada masa akan datang. Risiko yang diperolehi ialah MR6 (Risiko Sederhana 6) dan mempunyai kualiti kredit sederhana dan risiko keingkaran yang sederhana.
Invest Now
Rate of Returns
13.5% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
MR6
Medium Risk 6

This Investment Note pays a medium-high Interest Rate and has a medium-high Risk of Default.
It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.

LR1
Low Risk 1

This Investment Note pays the lowest Interest Rate and has the lowest Risk of Default.
It has the strongest Credit Quality due to very high cashflow and very low Debt Service Ratio.

LR2
Low Risk 2

This Investment Note pays a lower Interest Rate and has a lower Risk of Default.
It has a stronger Credit Quality due to high cashflow and low Debt Service Ratio.

LR3
Low Risk 3

This Investment Note pays a low Interest Rate and has a low Risk of Default.
It has a strong Credit Quality due to good cashflow and good Debt Service Ratio.

MR4
Medium Risk 4

This Investment Note pays a medium-low Interest Rate and has a medium-low Risk of Default.
It has a medium-strong Credit Quality due to average to good cashflow and average to good Debt Service Ratio.
.

MR5
Medium Risk 5

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.

MR6
Medium Risk 6

This Investment Note pays a medium-high Interest Rate and has a medium-high Risk of Default.
It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.

MR7
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.

HR8
High Risk 8

This Investment Note pays a high Interest Rate and has a high Risk of Default.
It has a weak Credit Quality due to low cashflow and high Debt Service Ratio.

HR9
High Risk 9

This Investment Note pays a higher Interest Rate and has a higher Risk of Default.
It has a weaker Credit Quality due to lower cashflow and higher Debt Service Ratio.

HR10
High Risk 10

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.

View Funding List