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NT-2105-00001

NT-2105-00001

i
HR8

Nash Spitfire Enterprise (Bazaar Ramadhan Financing), Retail,

RM 15,000 for 36 month term. RM 15,000 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 yang dijalankan Penerbit?

We are a seller of shoes, pants, sandals and accessories at Bazaria Wangsa Maju. We also sell online on Shopee, Instagram and Facebook.
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Kami adalah peniaga kasut, seluar, sandal dan juga aksesori di Bazaria Wangsa Maju. Kami juga menjual secara online di Shopee, Instagram dan Facebook.

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

The owner is also the founder of the Nash Spitfire Enterprise. We started the business in 2009, now have 2 employees at Bazaria Wangsa Maju.
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Pemilik juga merupakan pengasas Nash Spitfire Enterprise. Kami memulakan perniagaan pada tahun 2009, sekarang mempunyai 2 pekerja di Bazaria Wangsa Maju.

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

Issuer is planning to open a wholesale store of shoes, sandals and kurta and opening more branches especially in shopping malls.
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Penerbit bercadang untuk membuka kedai kasut, sandal dan kurta secara borong dan membuka lebih banyak cawangan terutama di pusat membeli-belah.

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

Our annual sales for the year ended 2020 is RM232,100.00.
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Jualan tahunan kami bagi tahun berakhir 2020 adalah sebanyak RM232,100.00.

Number of years in business? / Usia perniagaan?

My business has been running for 12 years since 2009.
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Perniagaan saya telah beroperasi selama 12 tahun semenjak 2009.

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

The funds provided will be used to increase product stocks and create ads on Facebook as well as Shopee.
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Dana yang diberikan akan diguna pakai untuk penambahan stok produk dan membuat iklan di Facebook dan juga Shopee.

The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments / Rasional Skor Risiko Kredit bagi Penerbit– Komen microLEAP

This Investment Note is part of the Bazaar Ramadhan Financing Initiative in partnership with the MP of Wangsa Maju. The Issuer has more than sufficient revenue to cover its monthly payments of RM604.17 a month. The Issuer also sells online on Shopee and Facebook, so is well placed to remain operational during MCO / CMCO. This investment note has two guarantors, the owner himself and third-party guarantor. The Guarantor's I-score is 4 ('Weak') with a Probability of Default of 20% - 30% according to an external credit bureau. The risk is HR8 (High Risk 8) and so it has a high Interest Rate and has a high Risk of Default.
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Nota Pelaburan ini adalah sebahagian daripada Inisiatif Pembiayaan Bazar Ramadhan dengan kerjasama Ahli Parlimen Wangsa Maju. Penerbit mempunyai pendapatan yang mencukupi untuk menampung pembayaran bulanannya sebanyak RM604.17 sebulan. Penerbit juga menjalankan perniagaan secara dalam talian di Shopee dan Facebook, maka mampu beroperasi ketika PKP/PKPB. Nota pelaburan ini adalah dijamin oleh 2 penjamin, pemilik perniagaan dan penjamin pihak ketiga. I-Skor Penjamin adalah 4 ("Weak") dengan Kebarangkalian Keingkaran sebanyak 20% - 30% merujuk kepada Biro Kredit. Risikonya adalah HR8 (Risiko Tinggi 8) dan oleh itu ia mempunyai Kadar Faedah yang tinggi dan mempunyai Risiko keingkaran yang tinggi.

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Rate of Returns
15% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
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.

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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