Bank Lending

Credit Appraisal for:

GRILL ‘N’ CHILL PVT (LTD)

Prepared By : Mandivei Ashly
Check By : T Mutambanadzo

BORROWER

KYC COMPLIANCE : this is a new relationship with the client

OWNERSHIP : Moyo Sarah 80% and Moyo Lingiwe 20%

DIRECTORS : S Moyo and L Moyo.

GENERAL INFORMATION

Date of establishment : 1 December 2012 Relationship since : n/a Company last visited : 15 November 2012

NATURE OF BUSINESS & SECTOR

. food and beverage business in the retail sector

FACILITY REQUIRED

Nature: capital and working capital expenditure loan.

Amount: $15000

Expiry: 2 years

PRUDENTIAL LENDING LIMITS The loan of $15 000 is within the bank’s prudential lending limits as it is far below the below the bank’s prudential limit of 25% of $100 million which is $25 million.

CURRENT FACILITIES

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I. FORECAST REVENUE

| | |Tenure | Forecast Utilisation |Revenue |
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|Total | | | | |

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II. SECURITY

Surety bond for of $25000 on a residential property House no 2140 makwasha township zvishavane

JUSTIFICATION FOR THIS FACILITY

Given the client’s cashflows they will be able to meet the repayments of the facility in one year successfully.