{
  "riskGrade": "B",
  "fundRaised": 26000,
  "highlights": [
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Chamak_Solution_Limited/Chamak_4.JPG",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Chamak_Solution_Limited/Chamak_3.JPG",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Chamak_Solution_Limited/Chamak_2.JPG",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Chamak_Solution_Limited/Chamak_CI.jpeg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/Chamak_Solution_Limited/Chamak_1.jpeg"
  ],
  "shortIntro": "Providing trade financing facilities to over 200 enlisted distributors",
  "riskDetails": [
    {
      "text": "Repayment collection delay or repayment collection failures: Repayments may get delayed or even become non-performing due to both external or internal factors. For example, if a distributor falls into any issues such as sudden drop in sales, incurring of a significant loss, a macroeconomic turmoil event occurs, etc. The business may struggle to get their payments on time. This may delay the repayment time or even become non-performing. 📌Chamak’s strategy: The business has been operating in this market for over 2 years. The distributors selected by Chamak are done through an assessment which includes their payment behaviour, background check through local RMs, etc . Moreover, the business only allows very short credit windows e.g. 7, 10 and 15 days. Keeping the credit period under such short windows allows the Chamak to flag any informational/ transactional discrepancies of the distributors. In the event of a non-performing account, Chamak activates a multi-layered recovery process backed by upfront security cheques and verified multi-party references. Local Territory Managers immediately initiate targeted, relationship-driven collections using this pre-secured data. Failure to deliver the required quality of products: In case the business fails to deliver the required quality of products, the distributors may want to opt out of the Murabaha contract. 📌Chamak’s strategy: The purchase orders placed to suppliers by Chamak are only placed after getting confirmation from the distributors. Hence, the chance of not getting the required quality of products is highly unlikely. The model under which Chamak operates gives them this advantage of keeping this risk mitigated to a tolerable level.",
      "type": "Business Assessment"
    },
    {
      "text": "To ensure Shariah compliance, investors have to share losses (if incurred) according to the total investment amount ratio over the mentioned investment period. For example, if someone invests BDT 10k and the project incurs a loss of 5%, the investor will get back BDT 9.5k. That means that the investors will bear the full loss. The chance of loss can arise from both internal and external factors such as distributor’s sudden drop in sales, significant loss incurred by the distributor, unstable economy, political instability, road accidents, etc may delay the payment.",
      "type": "Loss Sharing"
    },
    {
      "text": "Chamak will be sharing a security cheque with biniyog.io.",
      "type": "Security"
    }
  ],
  "businessName": "Chamak Solution Limited",
  "contractType": "MUDARABA",
  "projectFocus": "Trade Financing",
  "fundingTarget": 2500000,
  "fundProcessing": 0,
  "projectedROIMax": 5.2181,
  "projectedROIMin": 5.0585,
  "ownerDetailsText": "Written by Business I, Debasish Chakraborty, studied at Cornell University and have spent most of my career working across manufacturing, sales, procurement, logistics, and FMCG distribution in Bangladesh. While working closely with distributors, I saw how strong businesses were often constrained by short-term working capital gaps, which led me to start Chamak. Today, I am building Chamak as an inventory funding platform that supports real trade by paying suppliers directly and structuring asset-backed, short-term transactions. Over time, my goal is to build a large, unified distribution and trade finance infrastructure that helps distributors and retailers access fast working capital, grow sustainably, and move inventory more efficiently across Bangladesh and beyond.",
  "maximumInvestment": 700000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-10-19T17:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 2626463
    }
  ],
  "detailPageVerified": true,
  "shariahDetailsText": "Underlying Contracts Investors invest into the business under a partnership (Mudaraba) agreement that makes them eligible for receiving profits generated by the business. biniyog.io will act as an agent to deal on their behalf (Wakalah). Approval from Scholars biniyog.io‘s Shariah advisors have approved the basis and application of this Mudaraba contract.",
  "businessDetailsText": "Value Propositions Consistent demand of the service from over 200 enlisted distributors. Short-term financing window allowing the business to minimize repayment delays. Experienced management with significant industry experience and networking. Onboarded over 90 investors into their platform so far. Introduction to the Business Written by Business Chamak is an inventory funding platform that helps FMCG distributors in Bangladesh purchase more inventory from their anchor companies and grow their business through asset-backed trade transactions. Founded in 2023 from Cornell University, USA, we structure short-term, confirmed purchase order linked inventory funding where we pay suppliers directly and charge a small service fee from business buyers. Our model is anchor-led, ultra-short-tenor (mostly around 10 days), and supported by data-driven underwriting to monitor business health and manage risk. Chamak is part of the Accelerating Asia cohort and has received grants from Cornell eLab and Orange Corners. We are now raising funding to scale our Murabaha-based inventory funding and support distributors to buy more inventory and grow faster. We are currently serving over 200 distributors. We also have over 90 active investors in our platform. Office Address: House 1145, Road 10, Avenue 10, Mirpur DOHS, Dhaka - 1216 Explore: LinkedIn FAQ: 💡 Is the business Shariah-compliant? The business model (trading through Murabaha contracts) is Shariah-compliant, given that specific Shariah compliant guidelines are maintained as recommended by AAOIFI Standards. 💡 Is there any investment risk involved? Investments have risks by definition, especially if they are halal. Please find possible risk details for this campaign in the “Risk” section below.",
  "contractDetailsText": "Duration of Investment The investment is for a period of 4 months, from June 2026 to October 2026. Projected ROI (Return on Investment) Projected ROI: 5.05%-5.21% Projected ROI (annualized): 15.17%-15.65% biniyog.io will be charging investors a 0.24% success fee on the repayment amount. Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 105.05k-105.21k in October 2026 after deducting the success fee. Contract Condition Beginning of investment: Investors will go into a Mudaraba agreement (profit-loss sharing) with Chamak Solution Limited . It will be a profit-sharing contract, where Chamak Solution Limited will be using the investment amount as working capital to cater purchase order based demands of distributors where Chamak will buy the products from the suppliers and sell it to the distributors under Murabaha contracts. biniyog.io will act as an agent for the investors and collect necessary funds and deposit to the business account of Chamak Solutions Limited. biniyog.io will follow-up with Chamak Solutions Limited to ensure that the funds are being used to cater to that work order and Shariah Compliance is maintained. biniyog.io has proposed a 65:35 (Investor: Business) split of the net profit generated during the usage of funds in the Murabaha contract and Chamak Solutions Limited has agreed to it and investors will get an estimated 15.05%-15.21% annualized ROI (after deducting the mentioned success fee). End of investment: Investors will be eligible to get the principal and profits (if any) from the financed work order within the mentioned investment period. biniyog.io will verify the costs associated with completing the particular work order before calculating the final profit. The principal investment amount along with profit or loss will only be returned to the investor at the end of the investment period. If the business incurs a net loss over this work-order financing, investors will have to share the loss as per the ownership percentage. In case of payment delay by the work order issuer or delay in delivering the project by the business, repayment may get delayed by some time, details mentioned under Business Assessment. বিনিয়োগের সময়কাল এই বিনিয়োগটি ৪ মাসের জন্য, অর্থাৎ জুন ২০২৬ থেকে অক্টোবর ২০২৬ পর্যন্ত। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) প্রত্যাশিত বিনিয়োগের উপর আয়: ৫.০৫%-৫.২১% প্রত্যাশিত বিনিয়োগ ফেরত (বার্ষিক): ১৫.১৭%-১৫.৬৫% biniyog.io বিনিয়োগকারীদের পরিশোধিত অর্থের উপর ০.২৪% সফলতা ফি ধার্য করবে। উদাহরণস্বরূপ: যদি কেউ প্রকল্পে ১ লক্ষ টাকা বিনিয়োগ করেন, তাহলে তিনি সাফল্য ফি বাদ দেওয়ার পর ২০২৬ সালের অক্টোবর মাসে মোট ১,০৫,০৫০ থেকে ১,০৫,২১০ টাকা পাওয়ার আশা করতে পারেন। চুক্তির শর্ত বিনিয়োগের সূচনা: বিনিয়োগকারীরা চমক সলিউশন লিমিটেডের সাথে একটি মুদারাবা (লাভ-লোকসান ভাগাভাগি) চুক্তিতে আবদ্ধ হবেন। এটি একটি লাভ-বণ্টন চুক্তি হবে, যেখানে চমক সলিউশন লিমিটেড বিনিয়োগের অর্থ কার্যকরী মূলধন হিসেবে ব্যবহার করে পরিবেশকদের ক্রয়াদেশ-ভিত্তিক চাহিদা মেটাবে; এর আওতায় চমক সরবরাহকারীদের কাছ থেকে পণ্য কিনে মুরাবাহা চুক্তির অধীনে পরিবেশকদের কাছে তা বিক্রি করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং প্রয়োজনীয় তহবিল সংগ্রহ করে চমক সলিউশনস লিমিটেডের ব্যবসায়িক অ্যাকাউন্টে জমা দেবে। biniyog.io, Chamak Solutions Limited-এর সাথে যোগাযোগ করে নিশ্চিত করবে যে, তহবিলটি উক্ত ওয়ার্ক অর্ডার অনুযায়ী ব্যবহৃত হচ্ছে এবং শরিয়াহ বিধি মেনে চলা হচ্ছে। biniyog.io মুরাবাহা চুক্তিতে তহবিল ব্যবহারের মাধ্যমে অর্জিত নিট মুনাফার ৬৫:৩৫ (বিনিয়োগকারী: ব্যবসা) অনুপাতে ভাগের প্রস্তাব দিয়েছে এবং চমক সলিউশনস লিমিটেড এতে সম্মত হয়েছে। এর ফলে বিনিয়োগকারীরা (উল্লিখিত সাফল্য ফি বাদ দেওয়ার পর) আনুমানিক ১৫.০৫%-১৫.২১% বার্ষিক বিনিয়োগের উপর রিটার্ন (ROI) পাবেন। বিনিয়োগের সমাপ্তি: বিনিয়োগকারীরা উল্লিখিত বিনিয়োগ মেয়াদের মধ্যে অর্থায়নকৃত ওয়ার্ক অর্ডার থেকে মূলধন এবং মুনাফা (যদি থাকে) পাওয়ার যোগ্য হবেন। biniyog.io চূড়ান্ত মুনাফা গণনা করার আগে নির্দিষ্ট ওয়ার্ক অর্ডারটি সম্পন্ন করার সাথে সম্পর্কিত খরচ যাচাই করবে। বিনিয়োগের মেয়াদ শেষে বিনিয়োগকারীকে মূল বিনিয়োগের পরিমাণসহ লাভ বা ক্ষতি ফেরত দেওয়া হবে। এই ওয়ার্ক-অর্ডার ফাইন্যান্সিংয়ের কারণে ব্যবসায় যদি নীট লোকসান হয়, তবে বিনিয়োগকারীদের মালিকানার শতাংশ অনুযায়ী সেই লোকসান ভাগ করে নিতে হবে। ওয়ার্ক অর্ডার প্রদানকারীর পক্ষ থেকে অর্থ পরিশোধে বিলম্ব হলে অথবা ব্যবসা প্রতিষ্ঠানটি প্রকল্প সরবরাহে বিলম্ব করলে, অর্থ পরিশোধে কিছু সময় দেরি হতে পারে, যার বিস্তারিত বিবরণ বিজনেস অ্যাসেসমেন্ট-এর অধীনে উল্লেখ করা হয়েছে।",
  "fundUtilizationScope": {
    "bn": "এফএমসিজি আইটেমস",
    "en": "FMCG items"
  },
  "protectionPoolChargeFee": [],
  "previousRepaymentHistorySummary": "Raising funds for the first time through biniyog.io"
}