MIRA
INFORM REPORT
|
Report Date : |
06.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
ABDULLAYE DIALLO |
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Registered Office : |
22 Rue Elymanel Fall X Fleurus Dakar |
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Country : |
Senegal |
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Date of Incorporation : |
10.05.1999 |
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Com. Reg. No.: |
1507/32 |
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Legal Form : |
Proprietorship |
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|
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Line of Business : |
Supplier of all kinds of products based on the demands of it’s clients
such as home applicants foodstuffs and etc. |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Maximum Credit Limit : |
USD 2,000 |
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|
|
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
ABDULLAYE DIALLO
Company acronym: -
Contact Information
|
Address |
22 RUE ELYMANEL FALL X FLEURUS DAKAR SENEGAL |
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Telephone |
+221 338427339 |
|
Fax |
+221 338427339 |
Registration Data
|
Date of Registration |
10/05/1999 |
|
Registration number |
1507/32 |
|
Legal address |
22 RUE ELYMANEL FALL X FLEURUS DAKAR SENEGAL |
|
Legal Form |
Proprietorship
|
|
Share Capital |
530,000.00 CFA Franc |
Shareholders
with Shares
|
Shareholder Name |
Share% |
|
Mr. ABDULLAYE DIALLO |
100% |
Board/Executive
|
Name |
Mr. ABDULLAYE DIALLO |
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Position within the company |
General Director
|
|
Can fluently speak |
French |
|
Name |
Mr. Cedrick Ouayoro |
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Position within the company |
Director |
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Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
Supplier of all kinds of products based on the demands of it’s clients
such as home applicants foodstuffs and etc.
Staff
|
Number of staff employed |
3 |
Export/Import
( Countries, goods and total values for the period)
|
Imports From |
Worldwide |
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Importing Terms |
Acceptance credits |
|
Import % and type of product |
40%- Finished products |
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Exports To |
- |
|
Exporting Terms |
- |
|
Export % and type of product |
- |
Facilities
|
Rented |
Office |
|
Premises Size |
- |
Bankers
|
Bank |
National Bank of Senegal |
Suppliers,
Partners
|
Suppliers |
Not known |
|
Partners |
Not Known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview with Mr. Cedrick Ouayoro ( Director), he declined the financial information and bank accounts
citing the grounds of company confidentiality. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a High Trade Risk and to be
secured. The company is not known on Senegal market. |
|
Owner/Shareholders Comments |
Some of the owners / shareholders have an active participation in
the running of the business. |
|
Age of Business |
Old Business |
|
MAX CREDIT |
USD 2,000 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.22 |
|
UK Pound |
1 |
Rs.75.03 |
|
Euro |
1 |
Rs.63.14 |
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. |
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 |
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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%)