MIRA INFORM REPORT

Report Date :

06.05.2011

IDENTIFICATION DETAILS

Name :	HARIS HAMZA LIMITED

Registered Office :	No.12A, Butcher Street, Kabul

Country :	Afghanistan

Date of Incorporation :	12.10.2007

Com. Reg. No.:	015137N

Legal Form :	Limited Liability Company

Line of Business :	Supplier of all kinds of products based on the demands of its clients such as automobile spare parts, construction materials, foodstuffs and etc.

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 2,000.00
Status :	Poor
Payment Behaviour :	Unknown
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – December 31, 2010

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Afghanistan

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

Haris Hamza Limited

Contact Information

Address	No.12A, Butcher Street Kabul, Afghanistan
Postal Address	P O Box No 4012 Kabul
Telephone	+ 93 20 2103840
Fax	+ 93 20 2103840
Email	Harishamza@hotmail.com
Website	-
Other Information	-

Registration Data

Date of Registration	12/10/2007
Registration number	015137N
Legal address	No.12A, Butcher Street Kabul, Afghanistan
Legal Form	Limited Liability Company
Authorized Capital	220,000.00 AFN
Other Registration Data	-

CREDIT RECOMENDATION

Current Credit Limit: USD 2,000.00

DIRECTORS/MANAGEMENT

Board/Executive

Name	Mr Asghar Hayat
Position within the company	Director
Country of Birth	Afghanistan
Nationality	Afghani
Can fluently speak	Urdu

Name	Mr. Ehsan Farhad
Position within the company	Secretary
Country of Birth	Afghanistan
Nationality	Afghani
Can fluently speak	Urdu

NEGATIVE INFORMATION

Litigation, Remarks on Payment

Litigation	None Recorded
Remarks on Payment	No Complaints

SHARE & SHARE CAPITAL INFORMATION

Shareholders with Shares

Parent Co:

Haris Hamza Limited

India

PAYMENT INFORMATION

Imports From	India, Pakistan
Importing Terms	Letters of Credit
Import % and type of product	100%- Finished Goods

Exports To	-
Exporting Terms	-
Export % and type of product	-

GROUP STRUCTURE & AFFILIATED COMPANIES

Subsidiaries and Participation

Parent Company

Subsidiaries

Affiliates

FINANCIAL INFORMATION

Financial Information

It declined it.

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Changes in Registration Data

None recorded

Activities ( realistic and officials)

Supplier of all kinds of products based on the demands of its clients such as automobile spare parts, construction materials, foodstuffs and etc.

Staff

Number of staff employed

Export/Import ( Countries, goods and total values for the period)

Imports From	India, Pakistan
Importing Terms	Letters of Credit
Import % and type of product	100%- Finished Goods

Exports To	-
Exporting Terms	-
Export % and type of product	-

Facilities

Rented	Office
Premises Size	-

Branches

Address

Bankers

Bank	National Bank of Afghanistan
Branch	-
Address	-
Telephone	-

Suppliers, Partners

Suppliers	-
Partners	-

Representation

Auditors	Mr. Wahid Malung
Solicitors	-

NOTES & COMMENTS

Reporter Comments

Comments	In the interview conducted with Mr. Ehsan Farhad , he refused to cooperate with us.
Local Reputation	The company being investigated is believed by local reporters to be a High Trade Risk and to be secured.
Owner/Shareholders Comments	All or most of the owners / shareholders have an active participation in the running of the business.
Age of Business	Under 5 Year
MAX CREDIT	USD 2,000.00

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.57
UK Pound	1	Rs.73.58
Euro	1	Rs.66.23

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	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
----	NB	New Business	----

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%)

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.