Lavien Trading

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

Lavien Trading

Lavien Trading (M) Sdn Bhd sells kitchen, cleaning and living appliances over its online store via the MMX brand. Important Note: two personal guarantees
Go Live Date:
23/10/2024
Industry:
E-Commerce
Finance Size:
RM 200000
Tenure:
1 Month
Risk-Score
CAA3
Rate
14.64 % per annum
Investor Fees
0.15 %
Investors
58
Raised
RM 200,000

100%

What the business is about?

Lavien Trading (M)  Sdn. Bhd is a business focused on selling cleaning products, kitchen products, vacuum and lifestyle products of the MMX brands over its E-Commerce channels, including Shopee. 

MMX is an international home appliances brand with a presence in America, Korea, Japan, China and over the past 6 years (and growing), a strong foothold in Malaysia. 

This is Lavien Trading (M)  Sdn. Bhd.'s 8th financing round with Alixco P2P Financing.

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

 

For what will you use the funds?

The funds will be used for working capital. In particular, the funds shall be used to add on new product line(s).

Business Overview

Lavinen Trading (M) Sdn Bhd is selling kitchen products and lifestyle products of the MMX Malaysia brand over its E-Commerce channels, including Shopee

Funding amount
RM 200,000 for 1 month.
14,64% interest (nominal, p.a.)

Business type
Distribution of kitchen and lifestyle appliances over E-commerce store

Location
Klang Selangor

Number of outlets
None / One (office only)

Number of directors
Two

Personal guarantees
Two

Year of incorporation
2011

Number of employees
14

Important risk info: 

The risk score of CAA3 (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).

Risk score of CAA3 (‘higher risk’)  indicates that this investment amount has an elevated-high level of risk.

 

In 2022-2023 Lavien Trading Sdn Bhd had a revenue of RM 9,190,734.87 and a Profit Before Tax of RM 1,203,727.00.

 

Additional Risk Disclaimer:

This is Lavien Trading (M) Sdn Bhd's 8th financing round with Alixco. Lavien Trading (M) Sdn Bhd has previously had 7 funding campaigns with Alixco (Total: 7 Active: 0  Finished: 7).

Investor Fees
Alixco charges 0.15% for investors on total repayments (for 1 month investment notes) if and when repayment occurs.