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Report Date : |
08.02.2014 |
IDENTIFICATION DETAILS
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Name : |
HUMEREZ CATARI,
GALO ROMAN |
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Registered Office : |
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Country : |
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Date of Incorporation : |
1995 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importation, marketing, sale of spices as main activity, also imported machinery, spare parts for vehicles. |
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No. of Employees : |
15 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No complaints |
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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.
BOLIVIA - ECONOMIC
OVERVIEW
Bolivia is one of the poorest and least developed countries in Latin America. Following a disastrous economic crisis during the early 1980s, reforms spurred private investment, stimulated economic growth, and cut poverty rates in the 1990s. The period 2003-05 was characterized by political instability, racial tensions, and violent protests against plans - subsequently abandoned - to export Bolivia's newly discovered natural gas reserves to large Northern Hemisphere markets. In 2005, the government passed a controversial hydrocarbons law that imposed significantly higher royalties and required foreign firms then operating under risk-sharing contracts to surrender all production to the state energy company in exchange for a predetermined service fee. The global recession slowed growth, but Bolivia recorded the highest growth rate in South America during 2009. During 2010-12 high world commodity prices sustained rapid growth and large trade surpluses. However, a lack of foreign investment in the key sectors of mining and hydrocarbons, along with growing conflict among social groups pose challenges for the Bolivian economy
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Source
: CIA |
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CORRECT COMPANY
NAME |
HUMEREZ CATARI, GALO ROMAN |
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TRADE NAME |
ADELCO IMPORT EXPORT |
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TAXPAYER
REGISTRATION |
NIT 3354757013 |
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MAIN ADDRESS |
Antofagasta Nº 1022 Villa Dolores , El Alto |
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DEPT/PROV/REGION/STATE |
La Paz |
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COUNTRY |
BOLIVIA |
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TELEPHONE |
(5912) 2154241 |
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CORPORATE E-MAIL |
ghumerez@adelco.com.bo |
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COMMENTS |
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Fax:591-2-2846 Mobile Phone:70111117 |
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Date of
foundation |
1995 |
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permanent
employees |
15 |
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Chief Executive |
HUMEREZ CATARI, GALO ROMAN |
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Disposition |
Moderate. Some data and figures were confirmed. |
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Payments policy |
(P1) Always to terms or early |
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Credit (**) |
MODERATE RISK. (Acceptable financial situation but limited). |
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Number of times that this company was required: 2 |
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LEGAL STATUS |
Sole Proprietorship |
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DATE OF
INCORPORATION |
1995 |
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PLACE OF
REGISTRY |
La Paz |
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CURRENT EXCHANGE
RATE (US$) |
Bs.6.76 per USD1.00 |
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BUSINESS |
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SIC
Classification |
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Main activity |
Importation, marketing, sale of spices as main activity, also imported machinery, spare parts for vehicles. |
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O P E R A T I O N S |
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Import |
Yes |
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Country |
China, Japan, India, USA, Sri Lanka. |
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Export |
No |
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% CASH SALES /
METHOD |
50% |
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% Credit SALES /
Terms |
50% (up to 90 days) |
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EMPLOYEES |
15 |
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FINANCIAL INFORMATION
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Disposition |
Moderate. Some data and figures were confirmed. |
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Interviewee(s) |
Carlos Pomares |
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Position(s) |
Administrator |
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Information
provided |
Who also provided us annual sales by 2012, which were US$3,000,000. = Dollars. |
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SALES |
US$ 0.00 () |
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FINANCIAL
SITUATION |
FAIR In commercial media do not arise contrary notes. |
TRADE REFERENCES, CREDIT
BUREAU, LAWSUITS, BANKS
(Confidential Information) |
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TRADE REFERENCES |
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Note : Other suppliers did not provide information or could not be consulted |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.62.32 |
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1 |
Rs.101.78 |
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Euro |
1 |
Rs.84.68 |
INFORMATION DETAILS
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Report Prepared
by : |
NIS |
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 |
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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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.