MIRA
INFORM REPORT
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Report Date : |
9th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
OUMAROU
ZAKARA |
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Registered Office : |
Grand Marche, Boutique No. 20377C, P.O. Box: 10694, Niamey, Niger |
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Country : |
Niger |
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Date of Incorporation : |
1982 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Importers,
wholesalers and retailers of paper and school supplies. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
CFA Fr
3,000,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME
OUMAROU ZAKARA
ADDRESS
Street : Grand Marche, Boutique No. 20377C
P.O. Box :
10694
Town : Niamey
Country : Niger
Telephone :
(227) 2073 8037 (shop) / 2074 2980 (residence)
Fax : (227) 2073 4470
SENIOR COMPANY PERSONNEL
Name Position
Oumarou Zakara General
Manager / Owner
Total Employees : 4
PAYMENTS
No complaints have been
heard regarding payments from local suppliers or banks.
We consider it is
acceptable to deal with subject for SMALL amounts, although it is normal
accepted practice for international suppliers to deal on secured terms with
Niger importers.
Opinion on maximum credit
: CFA Fr 3,000,000
Trade risk assessment:
Normal
Opinion on the credit
figure of EURO 50,000 :
The above figure is much
higher than normally seen in one amount, however could prove admissible in a
series of several transactions provided the total indebtedness is strictly
monitored.
PRINCIPAL BANKERS
NAME :
BANK OF AFRICA NIGER (BOA-NIGER)
Branch :
Main Branch
Street :
Immeuble Sonara II
P.O. Box : 10973
Town :
Niamey
Telephone : (227) 2073 3246 / 2073 2620 / 2073
3621
Fax :
(227) 2073 3818
FINANCIAL INFORMATION
Balance sheets are not
available. However, the subject interviewed offered the following information :
Sales Turnover :
CFA Fr 50,000,000 - 2006 - exact
Net Profit : not given
Financial year ends 31
December.
LEGAL STATUS AND HISTORY
Date Started : 1982
Capital : not applicable
Affaire Personnelle
(proprietorship) owned by Oumarou Zakara.
ACTIVITIES
The Subject is involved
in the following activities :
Importers, wholesalers
and retailers of paper and school supplies.
Imports from France.
FACILITIES
The Subject has the
following facilities :
50 square metre rented
retail/wholesale outlet located at the heading address.
Subject also owns a depot
elsewhere in Niamey.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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