|
|
|
MIRA
INFORM REPORT
|
Report No. : |
495246 |
|
Report Date : |
09.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
KAMAL NABIZADA FOUNDATION |
|
|
|
|
Registered Office : |
Mazar-e-Sharif |
|
|
|
|
Country : |
Afghanistan |
|
|
|
|
Date of Incorporation : |
11.04.2006 |
|
|
|
|
Legal Form : |
Foundation |
|
|
|
|
Line of Business : |
Foundation distributes its humanitarian assistance to all miserable
and needy people who are afghan citizens without any prejudice, ethnic,
linguistic or political interests. |
|
|
|
|
No. of Employees : |
40 |
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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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 2017 Afghanistan's growth rate was only marginally above that of the 2014-2016 average. 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 |
NOTE
In absence of financials, no credit limit could be recommended.
Company name
and address
|
Company Name
(legal name) |
|||
|
Business
Address |
|||
|
Tel No |
+93 792 898 876 +93 786 670 150 |
Fax No |
|
|
E-mail |
a.zhakfar@gmail.com |
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 |
|
|
|
|
|
||
|
Factory
Address |
|||
|
Tel No |
Fax No |
||
|
Owned |
|
Rented |
|
Leased |
|
Area |
|
Sq. ft. |
|
No. of Employees : |
In Office : |
|
In Factory : |
|
|
|
In Branch : |
|
Total : |
40 |
|
Main Products
& Services |
It is 8 years
since the establishment of the foundation and throughout the years, the
foundation could cover thousands of poor and needy families of its
humanitarian support in across the country, particularly in north and eastern
provinces as well as families living in central Kabul Province. Nabizada
Charity Foundation, under the provisions of its charter, is only a charity,
non-profit and non-political organization that is not affiliated with any
party, group, race, region and the language. The
foundation distributes its humanitarian assistance to all miserable and needy
people who are afghan citizens without any prejudice, ethnic, linguistic or
political interests. Nabizada
Charity Foundation has also provided assistance from its personal expenses to
Masjids(mosques), religious centres, schools, institutions, red crescent
society, students of other provinces and also paved the ground for
transferring of incurable and vulnerable patients to abroad. In accordance
with its job descriptions, Nabizada Charity Foundation is optimistic, to
provide humanitarian assistance to all Afghans who are in severe need of help
in across the country. |
SPECIFIC NAMES OF PRODUCTS /SERVICES
|
Activity (M,
I, E, T, S) |
Detailed
Products |
|
Charity
Foundation |
Note: (M) Manufacture; (T) Trader; (I) Importer; (E)
Exporter; (S) Service
CAPITAL
STRUCTURE
|
Authorized Capital |
200,000,000 AFN |
No. of Shares |
200,000 |
Share Value : |
1,000 |
|
Paid-up Capital |
200,000,000 AFN |
No. of Shares |
200,000 |
Share Value : |
1,000 |
|
Date of latest increase |
|
||||
MANAGEMENT
|
First name |
Kamalluddin |
Last Name |
Nabizada |
Age |
|
|
Nationality |
Afghan |
Job
Description |
President |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
|
||||
|
First name |
Amanullah |
Last Name |
Azizi |
Age |
|
|
Nationality |
Afghan |
Job
Description |
Director |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
|
||||
|
First name |
Shaker |
Last Name |
Shokran |
Age |
|
|
Nationality |
Afghan |
Job Description |
Press Director |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
|
||||
|
First name |
Mitra |
Last Name |
|
Age |
|
|
Nationality |
Afghan |
Job Description |
Director |
Sex |
Male |
|
Department |
|
Email address |
|
||
|
Other details |
|
||||
MAJOR
SHAREHOLDERS
|
Names of Shareholders |
No. of Shares |
Amount of shares |
% of Shares |
|
|
|
|
|
|
Nabi
Zada Group St
#15, Wazir Akbar Khan ,Kabul, Afghanistan Tel:
+93 793 888 999 info@nabizadagroup.com |
|
|
100% |
Detailed Data
TRADE REFERENCE
AND RELATED PARTIES
IMPORT AGENCIES
-
BANK DETAILS
|
Bank Name : |
New Kabul
Bank |
|
Bank Address
: |
Kabul,
Afghanistan |
|
Bank Account
No: |
|
|
Bank Name : |
National Bank
of Afghanistan |
|
Bank Address
: |
Kabul,
Afghanistan |
|
Bank Account
No: |
|
|
ADDITIONAL
INFORMATION |
Parent
Company: Nabi Zada
Group St #15, Wazir
Akbar Khan ,Kabul, Afghanistan Tel: +93 793
888 999 http://nabizadagroup.com info@nabizadagroup.com Name/Title: Amanullah
Azizi; Director Subject has confirmed the general details provided in the report. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.92 |
|
|
1 |
INR 90.22 |
|
Euro |
1 |
INR 80.54 |
|
AFN |
1 |
INR 0.93 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
POJ |
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.