{
  "riskGrade": "A",
  "fundRaised": 12997033,
  "highlights": [
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  ],
  "shortIntro": "A spice trading business built on family expertise and trusted market presence",
  "riskDetails": [
    {
      "text": "Market Price Volatility: Spice prices are subject to seasonal fluctuations, disruptions in supply, and increased demand ahead of particular seasons such as Ramadan, Eid, Wedding etc. Sudden price movements may impact expected trading margins if inventory is not timed correctly. 📌Organic Traders’ Strategy: The business actively tracks historical price trends and current market signals of the domestic spice market. Inventory is procured in planned phases rather than a single bulk purchase, allowing the business to reduce exposure to sharp price swings and optimize average cost. However, all such businesses are exposed to international supply chain disruptions like wars, sanctions and volatility of exchange rates, risks which the business is not immune to. Inventory Holding Risk:Holding spice inventory for extended periods may lead to quality degradation, storage challenges, or slower sales cycles, which could affect cash flow and profitability. 📌Organic Traders’ Strategy: Organic Traders focuses on fast-moving, essential spices with consistent demand. The business maintains short trading cycles, conducts regular quality checks, and prioritizes timely inventory turnover to preserve product quality and liquidity. Supplier Dependency Risk:Dependence on a limited number of suppliers may disrupt operations if suppliers face shortages, delays, or sudden price increase. 📌Organic Traders’ Strategy: The business maintains relationships with multiple suppliers within its long-established network in Chawk Bazar. This diversification allows Organic Traders to switch sources when necessary and maintain continuity of supply at competitive prices. Demand Fluctuation: Unexpected changes in consumer demand or slower-than-anticipated retail movement may delay sales and affect cash flow. 📌Organic Traders’ Strategy: The business trades in staple spices with stable, year-round demand and serves a mix of wholesale buyers and repeat customers. This diversified customer base helps ensure steady off-take even during temporary market slowdowns. Geopolitical Supply Chain Risk: Escalating tensions in the Middle East, including the Iran–US conflict and potential disruption of the Strait of Hormuz, may cause volatility in freight costs, supply chain delays, and increased raw material prices, which could negatively impact the spice market and the business's operations. This may cause repayment delays.",
      "type": "Business Assessment"
    },
    {
      "text": "The installment structure has been arranged such that the business can run operations smoothly without being burdened by repayments. biniyog.io has done in-house analyses of the projected returns of the business, and they are expected to be able to repay on time, unless impacted by one of the mentioned risks above.",
      "type": "Payment Delay"
    },
    {
      "text": "biniyog.io will buy the products on behalf of investors first and secure ownership. The products will then be handed over to Organic Traders within a very short time frame. Organic Traders would have the right to reject the product due to quality and other order specifications. The risk is expected to be minimal since Business will choose the items before biniyog.io buys them. This is a necessary risk to ensure Shariah compliance of the transaction.",
      "type": "Possession of assets"
    },
    {
      "text": "Organic Traders will share installment cheques with biniyog.io. A guarantee security cheque will also be kept from the business owner. Additionally, the business will introduce two guarantors and security cheques will be kept from both and would be updated in the contract for adding an extra layer of security.",
      "type": "Security"
    }
  ],
  "businessName": "Organic Traders",
  "contractType": "MURABAHA",
  "projectFocus": "Spice Items",
  "fundingTarget": 15000000,
  "fundProcessing": 626426,
  "projectedROIMax": 8,
  "projectedROIMin": 8,
  "ownerDetailsText": "Md. Imran Hossain is an experienced spice trader with deep roots in one of Dhaka’s most high-voltage trading hubs, Chawk Bazar. Coming from a family that has been actively involved in the spice business for over 40 years, he grew up immersed in the day-to-day realities of sourcing, pricing, and trading essential spices such as cloves, cinnamon, cumin, raisins, and cashew nuts. This long-standing family involvement has given him strong market intuition, trusted supplier relationships, and a practical understanding of demand cycles in Bangladesh’s spice trade. Before establishing his own venture, Md. Imran Hossain gained hands-on experience by working under his elder brother, who operates a well-established spice trading business. During this period, he was closely involved in core trading activities, learning inventory management, bulk procurement, and timing-based buying strategies particularly around high-demand seasons such as Ramadan. Building on this experience, he founded Organic Traders in 2024 as an independent business. With a vision for growth, Md. Imran Hossain aims to leverage seasonal price volatility to secure cost advantages, strengthen working capital efficiency, further strengthen supplier relationships and gradually scale the operations of Organic Traders.",
  "maximumInvestment": 7500000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-10-22T11:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 3240000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-11-22T11:30:00.000Z",
      "instalmentNumber": 2,
      "minExpectedAmount": 3240000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2026-12-22T11:30:00.000Z",
      "instalmentNumber": 3,
      "minExpectedAmount": 4860000
    },
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-01-22T11:30:00.000Z",
      "instalmentNumber": 4,
      "minExpectedAmount": 4860000
    }
  ],
  "detailPageVerified": true,
  "shariahDetailsText": "Underlying Contracts Investors appoint biniyog.io as an agent to deal on their behalf (Wakalah) and invest into the business through buy and sale of assets under an advanced buy-and-sell (Bai’ Murabaha) agreement. Approval from Scholars biniyog.io's Shariah Advisors have approved the basis and application of this Murabahah contract.",
  "businessDetailsText": "Value Propositions Backed by over 40 years of family experience in the Chawk Bazar spice market. Strong and trusted supplier network. Trades in high-demand essential spices such as cloves, cinnamon, cumin, raisins, and cashew nuts. Trading-focused business model that prioritizes fast inventory turnover and margin efficiency. Introduction to the Business Since its launch as an independent venture in 2024, Organic Traders has built on a deep-rooted legacy in Bangladesh’s traditional spice trade. The business originates from a family that has been actively involved in the spice markets of Chawk Bazar, Dhaka for over 40 years, establishing a strong reputation for quality sourcing, fair pricing, and long-standing relationships with suppliers and buyers. Drawing on this long standing market presence, Organic Traders specializes in the trading of staple spice items such as cloves, cinnamon, raisins, cumin, and cashew nuts etc. products with consistent demand across wholesalers and retailers. Organic Traders operates with a clear understanding of seasonal market cycles, particularly the price fluctuations. The business focuses on securing inventory during favorable pricing windows, allowing it to benefit from a cost-price advantage and improve overall trading margins. Supported by generational market knowledge, trusted supplier networks, and on-ground trading experience, Organic Traders is well-positioned to scale its operations while maintaining the credibility and reliability that have long defined its presence in the local spice market. The business has completed 50% of the first campaign and is expected to complete the rest of the payment on time as well. The second campaign's funds will be disbursed after they have completed the first campaign's repayment. Showroom and Warehouse Address: 16/B2, Choto Katara, Chawk Bazar, Dhaka- 1219 FAQ: 💡 Is the business Shariah-compliant? The business model (selling spice items) is Shariah-compliant. However, according to our Shariah Advisors, biniyog.io and the investors will NOT be liable if the day-to-day operations of the business are not fully Shariah-compliant. This is because investors will be going into a Murabaha (sale contract), not profit-sharing or partnership. Please find contract details in the “Contract” section below. 💡 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 6 months, from July 2026 to January 2027. Projected ROI (Return on Investment) Projected Return on Investment (ROI): 16% (Annualized) Projected Return on Investment (ROI): 8% (Actual) biniyog.io will be charging investors a 0.92% success fee after successful repayments. Example:If an investor invests BDT 100,000, is expected to make a profit of BDT 9,000 in 6 months; biniyog.io will charge a 0.92% on the repayment amount meaning BDT 1,000 will be deducted as the success fee. This means investors will be keeping BDT 8,000 as net profit. The net ROI for the investors will be 8% over 6 months after deducting biniyog.io’s success fee. Contract Condition Investors will go into a Murabaha agreement (sale contract) with Organic Traders for purchasing spice items. IIt will be a “buy-and-sell” process where investors will first buy the products through biniyog.io. Organic Traders will then buy those items from investors on credit and pay the amount after 6 months. biniyog.io will act as an agent for the investors and buy the products, take necessary ownership and risk of asset possession on their behalf, and then sell to Organic Traders. biniyog.io has proposed a price to Organic Traders for the products after considering a minimum 9% profit on the actual cost of product procurement. Organic Traders has agreed to it. Investors will be getting a net of 8% profit after deducting biniyog.io’s success fee on investor profit. Investors can expect to get their returns over 6 months in 1 installment: 🗓️ 100% by January’ 2027 বিনিয়োগের সময়কাল এই বিনিয়োগটি ৬ মাসের জন্য, অর্থাৎ জুলাই ২০২৬ থেকে জানুয়ারি ২০২৭ পর্যন্ত কার্যকর থাকবে। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) বিনিয়োগে প্রত্যাশিত আয় (ROI): ১৬% (বার্ষিক) বিনিয়োগে প্রত্যাশিত আয় (ROI): ৮% (প্রকৃত) সফলভাবে অর্থ পরিশোধের পর biniyog.io বিনিয়োগকারীদের কাছ থেকে ০.৯২% সফলতা ফি নেবে। উদাহরণ: যদি কোনো বিনিয়োগকারী ১,০০,০০০ টাকা বিনিয়োগ করেন এবং ৬ মাসে ৯,০০০ টাকা লাভ করার প্রত্যাশা করেন; তাহলে biniyog.io পরিশোধিত অর্থের উপর ০.৯২% চার্জ করবে, অর্থাৎ সফলতার ফি হিসাবে ১,০০০ টাকা কেটে নেওয়া হবে। এর মানে হলো, বিনিয়োগকারীরা নিট লাভ হিসাবে ৮,০০০ টাকা রাখবেন। biniyog.io-এর সফলতার ফি বাদ দেওয়ার পর, ৬ মাসে বিনিয়োগকারীদের জন্য নিট ROI হবে ৮%। চুক্তির শর্ত বিনিয়োগকারীরা মসলাজাত পণ্য ক্রয়ের জন্য অর্গানিক ট্রেডার্স-এর সাথে একটি মুরাবাহা চুক্তি (বিক্রয় চুক্তি) করবেন। এটি একটি \"ক্রয়-বিক্রয়\" প্রক্রিয়া হবে, যেখানে বিনিয়োগকারীরা প্রথমে biniyog.io-এর মাধ্যমে পণ্যগুলো কিনবেন। এরপর অর্গানিক ট্রেডাররা বিনিয়োগকারীদের কাছ থেকে বাকিতে সেই পণ্যগুলো কিনবেন এবং ৬ মাস পর মূল্য পরিশোধ করবেন। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং তাদের পক্ষ থেকে পণ্যগুলো ক্রয় করবে, সম্পদের প্রয়োজনীয় মালিকানা ও দখলের ঝুঁকি গ্রহণ করবে এবং তারপর অর্গানিক ট্রেডার্স-এর কাছে তা বিক্রি করবে। biniyog.io পণ্য সংগ্রহের প্রকৃত খরচের উপর ন্যূনতম ৯% মুনাফা বিবেচনা করে অর্গানিক ট্রেডার্সকে পণ্যগুলির জন্য একটি মূল্য প্রস্তাব করেছে। অর্গানিক ট্রেডার্স এতে সম্মত হয়েছে। বিনিয়োগকারীদের লাভের উপর biniyog.io-এর সাফল্য ফি বাদ দেওয়ার পর বিনিয়োগকারীরা নিট ৮% লাভ পাবেন। বিনিয়োগকারীরা ৬ মাস শেষে নিম্নবর্ণিত কিস্তিতে তাদের রিটার্ন আশা করতে পারেন।কিস্তি: 🗓️ জানুয়ারি ২০২৭-এর মধ্যে ১০০%",
  "fundUtilizationScope": {
    "bn": "মশলা আইটেম",
    "en": "Spice Items"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 5000,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "The business has completed 50% repayment of the first campaign and is expected to complete the rest of the payment on time as well."
}