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NT-2109-00001

NT-2109-00001

i
MR6

Menaga Enterprise, Retail,

RM 40,000 for 18 month term. RM 40,000 funded 10 Days Left

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?

Menaga Enterprise has been providing customers with the finest quality of seafood for three years. Our business is primarily wholesale to restaurants, wet markets, and also individual household buyers. We purchase our seafood from a local fisherman jetty in Kuala Muda, Kedah.
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Menaga Enterprise telah menyediakan pelanggan dengan makanan laut berkualiti terbaik selama tiga tahun. Perniagaan utama kami adalah jualan borong ke restoran, pasar basah, dan juga pembeli isi rumah individu. Kami membeli makanan laut dari jeti nelayan tempatan di Kuala Muda, Kedah.

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

Our business is mainly operated by our Managing Director who has more than 5 years of industry knowledge in the wholesale as well as the seafood market.
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Perniagaan kami dikendalikan oleh Pengarah Urusan yang mempunyai lebih dari 5 tahun pengetahuan industri di pasar borong dan juga makanan laut.

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

Our plan in the next 2 to 3 years is to increase our supply chain by engaging more restaurants and to expand to more outlets to serve our clients better.
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Rancangan kami dalam 2 hingga 3 tahun akan datang adalah untuk meningkatkan rantaian bekalan kami dengan melibatkan lebih banyak restoran dan memperluas ke lebih banyak gerai dan memberi perkhidmatan terbaik kepada pelanggan kami.

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

Our total annual gross sales for the past 3 years is approximately RM270,000 and during that time, have made a net profit of RM 91,000
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Jumlah jualan kasar tahunan kami selama 3 tahun terakhir adalah sekitar RM270,000 dan pada masa itu, telah memperoleh keuntungan bersih sebanyak RM91,000

Number of years in business? / Usia perniagaan?

We have been in business since the incorporation of our company which was in December 2018
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Kami berniaga sejak penubuhan syarikat kami pada bulan Disember 2018

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

We plan to utilize the funds from microLEAP to increase our inventory as we have got a high demand for seafood during this period. Also, we are looking to expand our team by hiring delivery staff so that we can deliver our products to our clients in a more efficient way to meet our customers demands.
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Kami merancang untuk menggunakan dana dari microLEAP untuk meningkatkan inventori, ini kerana kami mendapat permintaan tinggi untuk makanan laut dalam tempoh ini. Kami juga ingin mengembangkan pasukan kami dengan mengambil kakitangan penghantaran sehingga kami dapat membuat penghantaran produk kami kepada pelanggan dengan lebih efisien untuk memenuhi permintaan pelanggan kami.

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

The Issuer has Personal Guarantor for this financing and the Guarantor i-Score is rated 6 ('Fair') with a Probability of Default (PD) of 5% - 10% by an external credit bureau. The Issuer also sells online through Facebook and so we believe they are well placed to survive through MCO/ CMCO/ RMCO. The Issuer has no other borrowings and has sufficient revenue to manage its payment of RM2,655 a month to microLEAP. 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.
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Penerbit mempunyai Penjamin Peribadi untuk pembiayaan ini dan i-Skor Penjamin dinilai 6 ('Fair') dengan Kebarangkalian Keingkaran (PD) dari 2.5% - 5% oleh Agensi kredit. Penerbit juga menjual secara dalam talian melalui Facebook dan oleh itu, kami percaya mereka berada di kedudukan yang baik untuk bertahan semasa PKP/ PKPB/ PKPP. Penerbit tidak mempunyai pinjaman lain dan mempunyai pendapatan yang cukup untuk menguruskan pembayarannya sebanyak RM2,655 sebulan kepada microLEAP. 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% 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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