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NT-2103-00003

NT-2103-00003

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MR6

Northernmaster Wall Venture, Services

RM 50,000 for 36 month term. RM 50,000 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? / Siapakah Penerbit dan apakah perniagaan diceburi mereka?

We are providing design and build for customers to makeover their homes. We design the sample followed by the customer's taste and we build it up. Our services include renovation and we also make custom cabinets and wardrobes. We are also selling DIY products to get more profit. _____________________________________________________________________________________ Kami menyediakan perkhidmatan perancangan dan pembinaan bagi pelanggan yang ingin mengubah kediaman mereka. Kami mereka-bentuk contoh diikuti dengan selera pelanggan dan kami membuatnya. Perkhidmatan kami termasuk pengubahsuaian dan pembuatan perabut yang ditempah khas. Kami juga menjual barangan yang boleh dilakukan sendiri untuk mendapat lebih keuntungan.

Who is the owner / key person(s) in the business? / Siapakah Pemilik Perniagaan ini?

We have a number of skilful staff to do the job and make sure all of thing done very well. _____________________________________________________________________________________ Kami mempunyai bilangan kakitangan yang mahir dalam melakukan tugas dan memastikan semua tugasan dilakukan dengan baik.

What are their future plans? / Apakah pelan masa depan perniagaan ini?

Our planning to open all branch in every state to take in more customers. ______________________________________________________________________________________ Kami merancang untuk membuka semua cawangan di setiap negeri untuk memperoleh lebih ramai pelanggan.

What has been their annual sales turnover? / Bagaimanakah hasil jualan tahunan?

After one year operation, we archived more than RM600,000.00 annual sales turnover, so our target is to achieve a RM million this year. ______________________________________________________________________________________ Setelah beroperasi selama satu tahun, kami mencapai perolehan jualan tahunan lebih RM 600,000. Jadi kami mensasarkan untuk mencapai jumlah juta untuk tahun ini.

Number of years in business? / Usia perniagaan?

Northernmaster Wall Venture has been registered with the Companies Commission of Malaysia (SSM) in January 2020. ______________________________________________________________________________________ Northernmaster Wall Venture telah didaftarkan dengan Suruhanjaya Syarikat Malaysia (SSM) pada bulan January 2020.

How would the Issuer utilise the funds raised on the platform? / Apakah yang kami akan lakukan dengan wang yang dikumpul di platfrom ini?

To add more staff to make sure all projects can be done in a short time and we can do a lot of projects in a month. ______________________________________________________________________________________ Kami merancang untuk menambah lebih ramai kakitangan untuk memastikan semua projek boleh disiapkan dalam masa yang singkat dan kami boleh melakukan banyak projek dalam masa sebulan.

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

The owner is also the Guarantor for this financing and the Guarantor's I-score is 5 ('Fair') with a Probability of Default (PD) of 10% - 20% according to an external credit bureau. The Issuer has a business loan from a government-linked institution but the Issuer has sufficient revenue to manage its payment of RM1,934.72 a month to microLEAP. The owner was several months late in his government education loan, but he has since regularised this in the last few months. This Investment Note has an MR6 (Medium Risk 6) rating and so it has a medium-weak credit quality and medium-high risk of default. ________________________________________________________________________________________ Pemiliknya juga Penjamin untuk pembiayaan ini dan I-skor Penjamin adalah 5 ('Fair') dengan Kebarangkalian keingkaran (PD) 10% - 20% merujuk biro kredit luaran. Penerbit mempunyai pinjaman perniagaan dari institusi berkaitan kerajaan tetapi Penerbit mempunyai pendapatan yang mencukupi untuk menguruskan pembayarannya sebanyak RM1,934.72 sebulan kepada microLEAP. Pemilik juga terdapat pembayaran lewat untuk beberapa bulan bagi pinjaman pendidikan, tetapi telah dapat dilangsaikan dalam beberapa bulan terakhir. Nota Pelaburan ini mempunyai penarafan MR6 (Risiko Sederhana 6) dan oleh itu ia mempunyai kualiti kredit sederhana-lemah dan risiko keingkaran sederhana-tinggi.
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Rate of Returns
13.1% 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.
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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.

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