Lavien Trading
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 6th 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 120,000 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 6th financing round with Alixco. Lavien Trading (M) Sdn Bhd has previously had 5 funding campaigns with Alixco (Total: 5 Active: 1 Finished: 4) with scheduled upcoming repayments of approx. RM 130,000.
Investor Fees
Alixco charges 0.15% for investors on total repayments (for 1 month investment notes) if and when repayment occurs.