JV Food Culture
What the business is about?
Haruka Bakery (operated by JV Food Culture Sdn Bhd) is a Halal-certified bakery chain headquartered in Kota Damansara, Petaling Jaya, Selangor. Established in September 2016, Haruka Bakery lives by its vision of being “Your Friendly Neighbourhood Bakery,” with the slogan "Bakery Crafted with Love."
With 10 outlets across Klang Valley, including 7 principal locations and 3 franchise stores, Haruka Bakery offers a delightful range of breads, pastries, cakes, desserts, and coffee, all crafted with care and passion. The bakery recently introduced its value line, “YumYum Ruka”, offering affordable buns to support below-average income groups. Committed to quality, community, and accessibility, Haruka Bakery strives to deliver high-quality products that are affordable and bring people together.
The name "Haruka" symbolizes spring blossom, representing freshness and new beginnings—reflecting the bakery's dedication to fostering a sense of togetherness in Malaysian communities.
This is JV Food Culture 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
Funding amount
RM 200,000.00 for x months.
13.92 % interest (nominal, p.a.)
Business type
Bakery, Sdn Bhd
Location
NO.21, JALAN 51A/225A ZON PERINDUSTRIAN PJCT 46100 PETALING JAYA SELANGOR
Number of outlets
10
Number of directors
2
Personal guarantees
2
Year of incorporation
2016
Number of employees
34
Important Risk Information:
The risk score of CAA1 (‘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 CAA1 (‘High risk’) indicates that this investment amount has a high level of risk.
In 2023, JV Food Culture Sdn Bhd had a revenue of RM 4,930,740.00 and a net loss of RM -1,215,819.00. JV Food Culture Sdn Bhd has one legal suit.
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.
