ESIN DNB

For further Information please "Sign In" or REGISTER a new account.

ESIN DNB

ESIN DNB Sdn Bhd is focused on interior decoration and interior household completion. Investment Note: two personal guarantees
Go Live Date:
08/03/2024
Industry:
Construction
Finance Size:
RM 150000
Tenure:
12 Months
Risk-Score
CAA2
Rate
14.16 % per annum
Investor Fees
2 %
Investors
51
Raised
RM 150,000

100%

What the business is about?

ESIN DNB Sdn Bhd engages in activities related to interior decoration, wholesaling household furniture, and interior completion services.

"Our company has commenced operations in April 2022 and fabricate furniture at Sungai Puyu Pulau Pinang. We are currently witnessing a steady influx of projects, primarily focusing on designer-oriented work. However, our future endeavors include expanding our clientele to include retail customers. In the near term, we have plans to gradually introduce semi-mechanization into our processes. We believe that as the quality of our products continues to improve, we will attract a larger customer base."

This is ESIN DNB Sdn Bhd's 1st investment note with Alixco.

This investment note is secured by 2 personal guarantees, as required by ALIXCO P2P Financing.

For what will you use the funds?

The funds will be used for working capital. 

Business Overview

Business

Funding amount
RM 150,000.00 for 12 months.
14.16 % interest (nominal, p.a.)
Business type
Sdn Bhd 
Location
Butterworth Penang 
Number of outlets
One 
Number of directors
One 
Personal guarantees
Two
Year of incorporation
2022
Number of employees
16


Important Risk Information: 


Risk score of CAA2 (‘High risk’)  indicates that this investment amount has an high level of risk.  


Alixco charges investors 2% on total repayments (for 12 months investment notes) only if and when repayment occurs.