Welcome to microLEAP. Would you like to Raise Funds or Become a P2P Investor?
NT-2204-00007

NT-2204-00007

i
MR7

Faizal 4 G Garage, Services,

RM 32,000 for 24 month term. RM 32,000 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?

Our business involves repairing, painting and workshop cars in the automotive industry. We sell products and services such as car parts and vehicle repair services. We based in Bandar Tun Razak, Kuala Lumpur.
__________________________________________________________________________________
Perniagaan kami melibatkan membaik pulih, mengecat dan bengkel kereta dalam industri automotif. Produk yg dijual seperti alat ganti kereta dan perkhidmatan servis membaiki kenderaan. Kami bertapak di Bandar Tun Razak, Kuala Lumpur.

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

We have 4 employees - a company director, an office manager, and two other staff who are mechanics or rather the ones who get the work moving in the workshop. All staffs have skills and experience of more than 2 years. I started this business because of my deep interest and experience in automobiles through helping my father in this field from the age 10 years old.
__________________________________________________________________________________
Kami mempunyai 4 orang pekerja. Dimana terdapat seorang pengarah syarikat, seorang pengurus pejabat, dan dua kakitangan lain adalah mekanik atau yang menggerakkan kerja kerja bengkel. Semua staf adalah berpengalaman serta berkemahiran selama lebih 2 tahun. Saya memulakan perniagaan ini kerana minat yang mendalam dan pengalaman terhadap automotif sepanjang membantu bapa saya dalam bidang ini semenjak umur 10 tahun lagi.

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

My future plan is to expand the business by increasing the number of branches around Kuala Lumpur and focus on gear box repairing.
__________________________________________________________________________________
Rancangan masa hadapan saya adalah untuk berusaha menambah cawangan lagi di sekitar kuala Lumpur dan fokus kepada pembaik pulihan bahagian gear box.

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

Our annual sales turnover for the year 2020 is RM288,103 and for the year 2021 is RM595,530.79.
__________________________________________________________________________________
Perolehan jualan tahunan bagi tahun 2020 adalah sebanyak RM288,103 dan bagi tahun 2021 adalah RM595,530.79.

Number of years in business? / Usia perniagaan?

Our business was established in 2004 under the name 4G GARAGE. Acquired this building in 2006. Changed its name to FAIZAL 4G GARAGE in 2020 and has another company called JV FAIZAL AUTO TRANSMISSION in 2022 specifically for auto transmission repair and gear box specialist platform in Cheras.
__________________________________________________________________________________
Perniagaan kami ditubuhkan pada tahun 2004 dibawah nama 4G GARAGE. Kami telah membeli premis ini pada tahun 2006. Bertukar nama perniagaan pada FAIZAL 4G GARAGE pada tahun 2020 dan mempunyai Satu lagi syarikat iaitu JV FAIZAL AUTO TRANSMISSION pada tahun 2022 khusus untuk pembaikan auto transmission dan platform pakar gear box di Cheras.

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

To buy equipment and upgrade the building to be more systematic. We have already bought 4 elevator scissor pieces and 2 elevator posts for cars and 4x4 vehicles.
__________________________________________________________________________________
Untuk membeli peralatan dan menaiktaraf bangunan menjadi lebih sistematik. Kami sudah pun membeli 4 biji lif gunting dan 2 post lif untuk kereta dan kenderaan 4x4.

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

Issuer is rated as N/A by Experian due to insufficient borrowing record. The Guarantor however is rated as 7 (Good) with a Probability of Default (PD) of 2.5%-5.0%. The Issuer has sufficient revenue to manage its payment of RM1,709.33 a month to microLEAP with a good payment record with other lenders. This Investment Note has an MR7 (Medium Risk 7) rating and so it has a Lower Medium Credit Quality and an Upper Medium Risk of Default.
________________________________________________________________________________________
Penerbit dinilai sebagai N/A oleh Experian kerana rekod pinjaman yang tidak mencukupi. Penjamin bagaimanapun dinilai sebagai 7 (Baik) dengan Kebarangkalian Kemungkiran (PD) sebanyak 2.5%-5.0%. Penerbit mempunyai hasil yang mencukupi untuk menguruskan pembayarannya sebanyak RM1,709.33 sebulan kepada microLEAP dengan rekod pembayaran yang baik kepada peminjam yang lain. Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.

Invest Now
Rate of Returns
14.1% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
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.

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