MIRA INFORM REPORT

 

 

Report Date :           

09.04.2012

 

IDENTIFICATION DETAILS

 

Name :

HAJI ISMAIL YOUSUF ZAI LTD

 

 

Registered Office :

No.55, Phase B, Arab Market Zone (1), Jalalabad

 

 

Country :

Afghanistan

 

 

Date of Incorporation :

19.03.2007

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Supplier of all kinds of products based on the demands of its clients such as industrial machineries, textiles, foodstuffs, chemical products, raw materials and etc

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

EUR 10,000

Status :

Moderate

Payment Behaviour :

No Complaints

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 – March 31st, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

Afghanistan

c2

c2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Contact details

 

Name of Company:        Haji Ismail Yousuf Zai Ltd

Headquarter Address:     No.55, Phase B, Arab Market Zone (1), Jalalabad, Afghanistan

Tel:                               +932 700 286044

 E-mail:                         hajiismail@hotmail.com

Website:                       -

 

 

Reg Details

 

Legal Form:                   Limited Liability Company

Legal Address:              No.55, Phase B, Arab Market Zone (1), Jalalabad, Afghanistan

License No:                   D-70669

Registration Date:          19/03/2007

Capital:                         50,000 AFN

 

 

Shareholders

 

Haji Ismail Yousuf Zai family– 100%

 

 

Activation

 

Supplier of all kinds of products based on the demands of its clients such as industrial machineries, textiles, foodstuffs, chemical products, raw materials and etc.

 

 

Branches

 

No

 

 

Directors

 

-          Mr. Haji Ismail Yousuf Zai –General Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 46)

 

-          Mr. Wasim Khan- Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 40)

 

-          Mr. Yasser Nasary- Director

( Nationality: Afghani- Place of his birth: Afghanistan- Age: 35)

 

Imports From:                          Far East, Europe

Importing Terms:                      Bank Transfer

Import % and type of product:  35% Finished Goods

 

 

Interviews

 

-          Interview with Mr. Yasser Nasary- Director, he refused to cooperate with us.

 

Related to the Government

 

No Data

 

 

Conclusions

 

Local Reputation:

The company being investigated is considered by local reporters to be a Medium Trade Risk and to be fair.

 

Owner/Shareholders Comments:       

All of the owners / shareholders have an active participation in the running of the business.

 

Age of Business:  Old family business 

 

Max Credit: EUR 10,000

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.05

UK Pound

1

Rs.81.09

Euro

1

Rs.67.39

 

 

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%)

 

 

 

 

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