MIRA
INFORM REPORT
|
Report Date : |
10.07.2007 |
IDENTIFICATION DETAILS
|
Name : |
ETS OUEDRAOGO SOULEYMANE |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
2000 |
|
|
|
|
Legal Form : |
Proprietorship |
|
|
|
|
Line of Business : |
Importers and retailers of biscuits and condensed milk. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
CFA Fr 10,000,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
COmpany NAME
ETS OUEDRAOGO SOULEYMANE
ADDRESS
P.O. Box :
01 BP 5155
Town :
Country :
Telephone :
(226) 5031 7409 / (226) 7025 9473 / 7020 5256 (mobile)
Fax : (226) 5031 7409 / 5033 0849
SENIOR COMPANY
PERSONNEL
Name Position
Souleymane Ouedraogo General
Manager / Owner
Total Employees
12
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
Opinion on maximum credit
: CFA Fr 10,000,000
Trade risk assessment :
PRINCIPAL BANKERS
NAME :
BANQUE AGRICOLE ET COMMERCIALE AU BURKINA (BACB)
Branch :
Avenue Gamal Abdelnasser No.2 , Secteur 3
PO Box :
01 BP 1644
Town :
Ougadougou 01
Telephone : (226) 5033 3333
Fax :
(226) 5031 4352
E-mail :
bacb@bacb.bf
Acc. No. : 0019678-2300-1
FINANCIAL INFORMATION
Private companies in
Sales Turnover :
CFA Fr 500,000,000 - 2006 - exact
Net Profit :
not given but stated to be profitable
LEGAL STATUS AND
HISTORY
Date Started : 2000
Capital : not applicable
Affaire Personnelle
(proprietorship) owned by Souleymane Ouedraogo.
ACTIVITIES
The Company is involved
in the following activities :
- Importers and retailers
of biscuits and condensed milk.
- Road transportation.
Imports from
FACILITIES
The Company has the
following facilities :
Offices and storage
facilities located in
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 |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)