|
|
|
MIRA INFORM REPORT
|
Report No. : |
486546 |
|
Report Date : |
19.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
AKBAR IBRAHIM ZADA LTD |
|
|
|
|
Registered Office : |
T.L/No. 13629/1, Pol E Charkhi Factory, Kabul |
|
|
|
|
Country : |
Afghanistan |
|
|
|
|
Date of Incorporation : |
29.04.2009 |
|
|
|
|
Com. Reg. No.: |
3897 |
|
|
|
|
Legal Form : |
Limited Liability Co |
|
|
|
|
Line of Business : |
Subject is engaged in importer of general items such as foodstuff, equipment
and tools. |
|
|
|
|
No. of Employees : |
5 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Afghanistan |
C2 |
C2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
AFGHANISTAN - ECONOMIC OVERVIEW
Afghanistan is gradually recovering from decades of conflict. Before 2014, the economy had sustained nearly a decade of strong growth, largely because of international assistance. Since 2014, however, the economy has slowed, in large part because of the withdrawal of nearly 100,000 foreign troops that had artificially inflated the country’s economic growth. Despite improvements in life expectancy, incomes, and literacy since 2001, Afghanistan is extremely poor, landlocked, and highly dependent on foreign aid. Much of the population continues to suffer from shortages of housing, clean water, electricity, medical care, and jobs. Corruption, insecurity, weak governance, lack of infrastructure, and the Afghan Government's difficulty in extending rule of law to all parts of the country pose challenges to future economic growth. Afghanistan's living standards are among the lowest in the world.
The international community remains committed to Afghanistan's development, pledging over $83 billion at ten donors' conferences between 2003 and 2016. In October 2016, the donors at the Brussels conference pledged an additional $3.8 billion in development aid annually from 2017 to 2020. Despite this help, the Government of Afghanistan will need to overcome a number of challenges, including low revenue collection, anemic job creation, high levels of corruption, weak government capacity, and poor public infrastructure.
In 2016 Afghanistan's growth rate was only marginally above that of 2014 and 2015. The drawdown of international security forces that started in 2012 has negatively affected economic growth, as a substantial portion of commerce, especially in the services sector, has catered to the ongoing international troop presence in the country. Afghan President Ashraf GHANI Ahmadzai is dedicated to instituting economic reforms to include improving revenue collection and fighting corruption. However, the reforms will take time to implement and Afghanistan will remain dependent on international donor support over the next several years.
|
Source
: CIA |
Company
name and address
|
Company Name (legal name) |
|||
|
Other business name used |
Akbar Ibrahim Zada
LTD |
||
|
Business Address |
T.L/No.
13629/1, Pol E Charkhi Factory, Kabul ,– Afghanistan |
||
|
Tel No |
+93 79 940 4061 |
Fax No |
|
|
E-mail |
Website |
||
|
Location : |
Owned |
|
Rented |
|
Leased |
Area |
|
Sq. ft. |
|
Type of Office : |
Commercial Office Bldg |
|
|
Semi-commercial office Bldg |
|
|
|
Bank |
|
|
Industrial Park |
|
|
|
|
Business Center |
|
|
Home Office |
|
|
|
|
Residential Bldg |
|
|
|
|
|
|
No. of Employees
: |
In Office : |
5 |
In Factory : |
|
|
|
In Branch : |
|
Total : |
|
|
Main Products & Services |
Importer of general items
such as foodstuff, equipments and tools |
SPECIFIC
NAMES OF PRODUCTS /SERVICES
|
Activity (M, I, E, T, S) |
Detailed Products |
|
Importer |
Note:
(M) Manufacture; (T) Trader; (I) Importer; (E) Exporter; (S) Service
CAPITAL
STRUCTURE
|
Authorized Capital |
2,000,000 AFN |
No. of Shares |
2,000 |
Share Value : |
1,000 |
|
Paid-up Capital |
2,000,000 AFN |
No. of Shares |
2,000 |
Share Value : |
1,000 |
|
Date of latest increase |
|
||||
MANAGEMENT
|
First name |
Mohammad Akbar |
Last Name |
Ibrahim Zada |
Age |
|
|
Nationality |
Afghan |
Job Description |
President |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
Mobile:+93777700700 |
||||
|
First name |
Mohammad azam |
Last Name |
Ibrahim Zada |
Age |
|
|
Nationality |
Afghan |
Job Description |
Vice President |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
Mobile:+93799404061 |
||||
MAJOR
SHAREHOLDERS
|
Names of Shareholders |
No. of Shares |
Amount of shares |
% of Shares |
|
|
|
|
|
|
Mohammad Akbar Mohammad azam |
|
|
50% 50% |
|
|
|
|
|
TRADE
MARKETS
|
|
Percentage |
Countries |
|
Exports |
|
|
|
Imports |
|
Detailed
Data
IMPORT
AGENCIES
If the Subject Business Entity is importing
products / materials from overseas, they probably are the exclusive import agent
for that product.
If “Yes” then please make note of the brand
names and countries for which they are the local agent.
.
BANK DETAILS
|
Bank Name : |
Banke Millie Afghan |
|
Bank Address : |
Kabul, Afghanistan |
|
ADDITIONAL INFORMATION |
Reporter Comment Date:
17/01/2018 Name/Title: The subject refused us |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.84 |
|
|
1 |
INR 88.28 |
|
Euro |
1 |
INR 77.88 |
|
AFN |
1 |
INR 0.016 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
DNS |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.