MIRA INFORM REPORT

 

 

Report Date :

17.01.2007

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

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

 

 

COMPANY NAME

 

ETS ADAMA COULIBALY

 

 

ADDRESS

 

Street                           :  Avenue Mamadou Kenate

Town                 :  Bamako

Country             :  Mali

Telephone         :  (223) 223 3755

 

 

 

 

 

GENERAL INFORMATION

 

Our sources report that the name "Ets Adama Coulibaly" 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 "Ets Adama Coulibaly".

 

Subject's name does not appear in reference books or trade directories consulted and is 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 operations.

 

Approaches have been made to the above address to obtain a written statement but the subject has not responded.

 

You provided the following telephone numbers for subject: (223) 223 3755, this number is repeatedly unobtainable (out of order) and we consider the number is incorrect.

 

Efforts to contact the company at their physical address, or to obtain their current telephone and fax number 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 : EURO 150,000

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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