HOME RENOVATIONS INTERIOR DESIGN

Selangor, Malaysia
10/02/2022 - 15/02/2022
Reference No : NK-10022022-MD-0001

SUMMARY

The 2nd campaign by SRE Ventures (SRE) is looking to raise RM7,000 to finance their working capital for home renovations interior design work. 

In this funding round, SRE is offering investors an expected returns of 5% within 4 months.

BUSINESS OVERVIEW

SRE is an exciting design company specializing in decoration and interior design. Focused on smaller budget-minded renovations, SRE is dynamic in its design style ranging from traditional, contemporary or country to materialise any clients' dreams. Serving the Klang Valley area in home/office remodelling and new construction, SRE Ventures is the one-stop hub for your functional, practical and beautiful, decorating and interior design remodelling needs.

THE PROJECT

SRE’s current undertaking is a home renovation in Seri Kembangan, Selangor. First of a series of project in the same vicinity, SRE’s book order looks promising for 2022.

MISSION

SRE is an interior design service for discerning, quality-conscious clients that seek assistance in their design choices for their primary residences, vacation homes, and businesses. Conveying the passion and consistently delivering the greatest possible experience to the client is SRE’s main guiding principle.

Their guiding principle is to ensure that the passion is conveyed and consistently delivering the greatest possible service experience to the client.

KEY DIFFERENTIATION

  • Highest standards of design excellence
  • Personal attention through the design process 
  • Extensive design resources and products to clients
  • Competitive pricing

RISK MITIGATION

  • Short term financing
  • Good payment history

Utlilization of Proceeds - Fundings Summary

S.No Item Terms & Conditions
1 Product Name Mudharabah Financing-i (“Facility”)
2 Purpose of the Investment Total Project Funding Amount shall be utilized by the Issuer in the following purpose and manner according to shariah principle employed in relation to the Project:(i)Financing for working capital to accommodate increased demand(ii)Service Fee (Wakalah Fee)
3 Project Home Renovations Interior Design
4 Investor’s Capital The financing size is RM 7,000.00
5 Issuer (Mudharib) SRE Ventures
6 Sector / Industry Interior Design
7 Risk Grade 2.92
8 Expected Returns 15.00% p.a.
9 Mudharabah Profit Sharing 27.00%
10 Investment Tenure 4 months
11 Documentation 1. Mudharabah Agreement2. Mudharabah Wakalah Letter3. Investor Agreement4. Issuer Agreement
12 Trustee Pacific Trustees Berhad

A mudharabah muqayyadah (restricted investment profit-and-loss sharing basis) contract will be signed between investor(s) and Thirst Company Investor(s) are not lending money or buying equity.