RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	No Trace

Payment Behaviour :	--

Litigation :	--

GENERAL OBSERVATIONS

CO. NAME

ELIZABETH WOLDU IMPORT (NF)

ADDRESS

P.O. Box : 22288

Town : Addis Ababa 1000

Country : Ethiopia

Telephone: (251 1) 779 422

PRINCIPAL BANKERS

NAME : WEGAGEN BANK S.C.

Branch : Main

P.O Box : 1018,

Town : Addis Ababa

Telephone: (251 1) 277 9422

You indicated that subject's bankers are Wegagen Bank S.C. This bank has currently been approached but they declined to provide any information due to confidentiality laws.

GENERAL INFORMATION

Our sources report that the name "Elizabeth Woldu Import (NF)" cannot be traced at the local Chamber of Commerce.

No full address or telephone or fax number is listed for the company under the name "Elizabeth Woldu Import (NF)".

Subject's name does not appear in reference books or trade directories consulted and it unknown in the local market.

Despite numerous enquiries being made we have been unable to establish the precise nature or extent of the company's present operations.

Approaches have been made to the above P.O. Box number to obtain a written statement but the subject has not responded.

The telephone which you provided for the subject: (251 1) 779 422, has been changed to (251 11) 277 9422, however despite repeated attempts being made to contact subject on this number it has not been

possible to interview the company. This telephone number is repeatedly unobtainable and we consider this number is incorrect. No new number is listed for the company.

The particulars you have provided are insufficient to locate the company and efforts to obtain the company's present physical address have not proved successful.

If you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, the investigation can be resumed.

Trade risk assessment: No classification

Credit opinion requested : US DRLS 100,000

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions