MIRA INFORM REPORT
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Report Date : |
17.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
GLOBAL MARKETING ALLIANCE |
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Registered Office : |
79 Rue Galandou Diouf , BP 469, Dakar |
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Country : |
Senegal |
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Date of Incorporation : |
08.10.1997 |
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Com. Reg. No.: |
97B541 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Supplier of all kinds of products based on the demands of it's clients
such as food products, raw materials and etc |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 3,000.00 |
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Status : |
Moderate |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Company
Name
GLOBAL MARKETING ALLIANCE
Also Trade
as
GMA
Contact Information
|
Address |
79 Rue Galandou Diouf BP 469 Dakar, Senegal |
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Postal Address |
- |
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Telephone |
+ 221 33 842 83 72 |
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Fax |
+ 221 83 842 83 72 |
Registration Data
|
Date of Registration |
08/10/1997 |
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Registration number |
97B541 |
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Legal address |
79 Rue Galandou Diouf BP 469 Dakar, Senegal |
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Legal Form |
Limited Liability Company |
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Share Capital |
2,000,000 XOF |
Shareholders
with Shares
It declined all shareholder data.
Board/Executive
|
Name |
Mr. Ibrahima Sow |
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Position within the company |
Director |
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Country of Birth |
Senegal |
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Nationality |
Senegal |
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Can fluently speak |
French |
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Name |
Mr. Djibril Iro |
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Position within the company |
Director |
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Country of Birth |
Senegal |
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Nationality |
Senegal |
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Can fluently speak |
English, 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 food products, raw materials and etc, it promotes the products of
domestic manufactures to global companies.
Staff
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Number of staff employed |
6 |
Export/Import
(Countries, goods and total values for the period)
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Imports From |
China, South Korea, Europe |
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Importing Terms |
Letters of credit |
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Import % and type of product |
30% -
Finished Products |
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Exports To |
- |
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Exporting Terms |
- |
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Export % and type of product |
- |
Facilities
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Rented |
Office |
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Premises Size |
- |
Bankers
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Bank |
National Bank of Senegal |
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Branch |
- |
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Address |
- |
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Telephone |
- |
Suppliers,
Partners
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Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
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Litigation |
None Recorded |
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Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Representation
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Auditors |
- |
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Solicitors |
- |
Reporter Comments
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Comments |
In the interview conducted with Mr. Mr. Djibril Iro ( Director) , he declined bank account number and financial
information citing the grounds of company confidentiality. |
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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. |
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Owner /Shareholders Comments |
All or most of the owners / shareholders have an active participation in
the running of the business. |
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Age of Business |
Old Business |
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MAX CREDIT |
USD3,000.00 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.68 |
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UK Pound |
1 |
Rs.74.64 |
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Euro |
1 |
Rs.62.58 |
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. |
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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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%)