MIRA INFORM REPORT

Report Date :

19.10.2011

IDENTIFICATION DETAILS

Name :	STE BLACK PANTHERE OUMAR NIAUGADO DIT KKALILOU

Registered Office :	BP 817 Ngolonina Rue 208 Porte 74 Bamako

Country :	Mali

Date of Incorporation :	15.02.2005

Legal Form :	Limited Liability Company, Limited by shares

Line of Business :	Importers and distribution of Ceramic and Granite Tiles

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Mali

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

REGISTERED NAME & COMPANY SUMMARY

COMPANY REPORTED:	STE BLACK PANTHERE OUMAR NIAUGADO DIT KKALILOU
Principal Address:	BP 817 Ngolonina Rue 208 Porte 74 Bamako, Mali
Telephone:	+223-75131111
Fax:	+223-20219269
Email:	None
Internet:	None
Established:	15/02/2005
Registration:	Bamako, Mali
Legal Form:	Limited Liability Company, Limited by shares
Stock Listing:	Not Listed
Workforce:	2010
	10
Office & Factories
Head offices	Rue 208 Porte 74 Bamako, Mali
Branches	None

CREDIT RECOMENDATION

Current Credit Limit: We proposed secured credit.

DIRECTORS/MANAGEMENT

Management/ Directors

President/ CEO (1)
Name
Remarks	Top Decision Maker

Þ Top decision maker is the person who has the ultimate authority or power to make important managerial decisions. He/She may or may not be officially registered as a president or an executive director.

NEGATIVE INFORMATION

No negative information found.

SHARE & SHARE CAPITAL INFORMATION

Company Profile:
Nominal Capital	CFA. 50,000,000
Shareholders
Name	Position	Amount	Ratio
OUMAR NIAUGADO	Director
Total			100.00%

PAYMENT INFORMATION

	Terms of payment
Buying terms	30% in cash, 70% on credit
Selling terms	80% in cash, 20% on credit

Suppliers	Various Companies
Customers	firms and organizations

Recent Sales	CFA. 650,000,000 (2010 Estimated)
Exports	None
Export Ratio	0.0%
Import Ratio	40.0%
Domestic Market Share	10.0%

GROUP STRUCTURE & AFFILIATED COMPANIES

Affiliated Companies

None

FINANCIAL INFORMATION

FOREIGN EXCHANGE RATES

Exchange Rate

US$ 1 = CFA. 492

ADDITIONAL INFORMATION

Business Activities	Importers and distribution of Ceramic and Granite Tiles
	Terms of payment
Buying terms	30% in cash, 70% on credit
Selling terms	80% in cash, 20% on credit

Suppliers	Various Companies
Customers	firms and organizations

Recent Sales	CFA. 650,000,000 (2010 Estimated)
Exports	None
Export Ratio	0.0%
Import Ratio	40.0%
Domestic Market Share	10.0%

Business Premises	2000 Sft
Type of occupation	Leased
Location	The subject is located close to a major road network
Premises used as	Offices

Banking relationship
Main Banks	Eco bank

NOTES & COMMENTS

COMMENTS

we recommend secured credit at any one time.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.49.14
UK Pound	1	Rs.77.58
Euro	1	Rs.67.58

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.