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Report No. : |
317432 |
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Report Date : |
23.04.2015 |
IDENTIFICATION DETAILS
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Name : |
KAMB KADH COMPANY |
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Registered Office : |
Secteur 17 , Quartier Pissy, Ouagadougou, Kadiogo |
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Country : |
Burkina Faso |
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Date of Incorporation : |
15.10.2012 |
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Legal Form : |
Sole proprietorship |
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Line of Business : |
The company is engaged in supply of cotton fiber and
providing services in the field of marketing. |
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No. of Employees : |
12 |
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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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.
ECGC Country Risk Classification List – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Burkina Faso |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
BURKINA FASO - ECONOMIC OVERVIEW
Burkina Faso is a poor, landlocked country that depends on adequate rainfall. About 80% of the population is engaged in subsistence farming and cotton is the main cash crop. The country has few natural resources and a weak industrial base. Cotton and gold are Burkina Faso’s key exports and Burkina Faso’s economic growth and revenue depends on global prices for the two commodities. The Burkinabe economy experienced high levels of growth over the last few years and gold accounted for about three-quarters of the country’s total export revenues in 2013. The country has seen an upswing in gold exploration, production, and exports. Burkina Faso experienced a number of public protests over the high cost of living, corruption, and other socioeconomic issues in 2013 and the fall of the COMPAORE government in 2014 gave rise to laborers pushing for better pay and working conditions. A new three-year IMF program was approved in 2013 to focus on improving the quality of public investment and ensuring inclusive growth. Political insecurity in neighboring Mali, unreliable energy supplies, and poor transportation links pose long-term challenges.
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Source
: CIA |
KAMB KADH COMPANY
Company :Kamb Kadh Company
Address :R C C N B F Oua 2012A4687Du 15/10/2012 No IFU 00042481A
DI BP 2432 Duaga 01 Burkina Faso
Country :Burkina Faso
Phone :+226 78 82 22 15
Fax :+886 70 03 73 42
Comments about your request:
We were able to contact Mr Guindo Kadher who refused to provide any information on grounds of confidentiality.
ADDRESSES:
Main Address: Secteur 17 , Quartier Pissy
Zip code/City: Ouagadougou, Kadiogo, Burkina Faso
Telephone: +226 78 82 22 15
Fax: +226 70 03 73 42
Postal Address: 01 BP 2432
Zip code/City: Ouagadougou, Kadiogo, Burkina Faso
VAT-No.: 00042481A
Profile
Established: 2012
Line of Business: Consumer goods wholesale, Commercial services
Industry Division: Wholesale trade, Services
Industry-code (NACE): 4676 Wholesale of other intermediate products
8299 Other business support service activities n.e.c.
Banks: unknown
Employees: 12
Official Administration:
Director, Owner Kader Guindo
Professional address:
Burkina Faso
Public information:
No legal information is available.
State Register: B F Oua 2012A4687
Legal form: Sole proprietorship/trader
Incorporation date: 15.10.2012
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: Chambre de Commerce et d'Industrie du Burkina Faso
Entry Deleted Name
active Kamb Kadh Company Limited
Entry Deleted Legal domicile
active Ouagadougou, Burkina Faso
Sanctions List
The company is not listed on the World Compliance Database.
Import and Export:
-
Payment history:
No payment history is available.
Financial information:
Private companies in Burkina Faso are not required to disclose financial
statements.
Exchange rate:
Main Activities:
The company is engaged in supply of cotton fiber and providing services in the field of marketing.
The company collects in average more than 60 000 tonnes of cotton fiber for each cotton season.
Kamb Kadh Company Limited is an international trading company based in Burkina Faso and Benin.
Operations & branches:
At the address, Secteur 17, Quartier Pissy, 01 BP2432 Ouagadougou,we find the company's head office.
Staff:
12
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.62.82 |
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|
1 |
Rs.93.85 |
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Euro |
1 |
Rs.67.57 |
INFORMATION DETAILS
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Analysis Done by
: |
SUM |
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Report Prepared
by : |
VNT |
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 |
-- |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.