{
  "riskGrade": "B+",
  "fundRaised": 757743,
  "highlights": [
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    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Mudaraba/2.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Mudaraba/3.jpg",
    "https://byiocdn.sgp1.cdn.digitaloceanspaces.com/public_web/contract_type_intro/Mudaraba/4.jpg",
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  ],
  "shortIntro": "Delivering industrial equipment & parts to 10+ corporations since 2012",
  "riskDetails": [
    {
      "text": "Payment delay:Repayments may get delayed due to both external or internal factors. For example, if the work-order issuer falls into any issues such as sudden drop in revenue, macroeconomic turmoil, etc. Impro Solution may struggle to get their payments on time. This may delay the repayment. 📌Impro Solution ’s strategy: The work orders served by the business are mostly issued by renowned companies. Moreover, the business has a good level of connection with relevant stakeholders to get informed of any unexpected situation beforehand. Therefore, chances of payment default by such clients is considerably low. Failure to deliver within the promised timeframe: In case the business fails to deliver the product within the estimated timeframe, the work-order issuer may halt or delay the expected payment of the business. 📌Impro Solution ’s strategy: The business has a good level of experience in delivering spare parts of machineries for different organizations. They have successfully served multiple large organizations over the last decade. In addition the business collects quotations from suppliers prior to ensuring binding from suppliers side to maintain the terms and condition properly. Bilateral relationship: It is considerably the most unavoidable risk for the import oriented businesses. Bilateral relationship among supplier and buyer country affects the overall process from sourcing to pricing. Also, the political situation worldwide has an impact on overseas business. It may cause a shortage of supply in the market. However, any import-based business may get affected by this. Macroeconomic Risk: Global energy crisis is impacting the macroeconomy in Bangladesh and affecting energy prices and inflation. This can negatively impact any business and delay their repayment.",
      "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 is minimal here as the repayment is tied to a project. However, unstable economy, political instability, road accidents, etc may delay the payment.",
      "type": "Loss Sharing"
    },
    {
      "text": "Impro Solution will be sharing a security cheque with biniyog.io.",
      "type": "Security"
    }
  ],
  "businessName": "Impro Solution",
  "contractType": "MUDARABA",
  "projectFocus": "Industrial supplies",
  "fundingTarget": 1367000,
  "fundProcessing": 451546,
  "projectedROIMax": 9.27,
  "projectedROIMin": 9.16,
  "ownerDetailsText": "Written by Business I am Shafiqul Mowla, the founder and owner of this company, graduated with a Bachelor of Arts in 2008 from Government City College in Chittagong. Subsequently, I enrolled in the Master's in English program in 2009 but decided to discontinue later on. Then to establish this business, I worked in the Foreign Procurement Department of several esteemed companies. My journey commenced in 2009 as a procurement officer at PHP Cold Rolling Mills (Arabian Horse Brand) in Boro Kumira, Chittagong. During my tenure there, I acquired valuable experience in importing and sourcing. I further honed my skills at RSRM Steels and BNO Lubricants. Through my association with these reputable companies, I developed the confidence that our business would not only endure but also thrive. This conviction led me to dedicate myself full-time to the business, with a primary focus on ensuring its long-term success and growth in the market. Linkedin",
  "maximumInvestment": 300000,
  "minimumInvestment": 5000,
  "campaignRepayments": [
    {
      "status": "SCHEDULED",
      "expectedDate": "2027-04-19T17:30:00.000Z",
      "instalmentNumber": 1,
      "minExpectedAmount": 1492218
    }
  ],
  "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 Experience of working with renowned companies such as Square Pharmaceuticals, Abul Khair Steel, Meghnaghat power plant, LafargeHolcim and others. Has a good network with multiple organizations which helps them acquire new work orders. Reliable sourcing channels in Germany and India, Partnership with different traders in the UK and India. Owner acquired rich knowledge about the overseas product procurement process from his prior experience, that helps them to figure out the faster import route. Introduction to the Business Written by Business Impro Solution, have been importing and reselling industrial equipment and spare parts since 2012. Our product range includes electrical, mechanical, automation, lubricants, chemicals, and more. We directly import these high-quality products from around the world. Our satisfied customers include Square Pharmaceuticals, PHP Steels, Abul Khair Steels, United Power, Partex Group, and many others. Moreover, we have reliable suppliers in Germany, India, and other countries who quickly send us their offers. In addition to that, we can directly source from the UK and India because we've established partnerships with two local partners in each of these countries. This collaboration helps us get what we need more efficiently. Our expertise in importing this product exclusively from the United Kingdom and providing it to them has earned us high respect. However, as our customer base grows and we achieve a high success rate, we want to increase our profits by supplying materials more frequently. We face a cash flow problem with our own funds, so we are seeking additional funds to address this issue. This is the 7th campaign of Impro Solution with Biniyog.io. The business successfully settled its 1st campaign ahead of schedule, and fully repaid the 2nd and 3rd campaigns, with only a one-month delay due to supply chain disruptions. The 4th campaign was repaid in full on time, and the 5th campaign achieved 100% repayment with a month delay and 6th campaign completed 100% repayment on time. Explore: Website | Linkedin Office Location : Dhaka: West Merul Badda, Dhaka Chattogram: Sugondha R/A, Panchlaish, Chawkbazar, Chattogram 4203 (two offices). FAQ: 💡 Is the business Shariah-compliant? The business model (selling industrial equipment & spare parts) 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 7 months, from October 2026 to May 2027. If the procurement process goes smoothly and payments are received on time, the project payment has a chance to end in April 2027. Projected ROI (Return on Investment) Projected ROI: 9.16% - 9.27% Projected ROI (annualized): 15.71%-18.54% Example: if someone invests BDT 100k in the project, he/she can expect to receive a total of BDT 109,160-109,270 over the mentioned period. Biniyog will be charging a 0.93% success fee on the repayment amount. Contract Condition Beginning of investment: Investors will go into a Mudaraba agreement (profit-loss sharing) with Impro Solution. It will be a profit-sharing contract, where Impro Solution will be using the investment amount as working capital to cater two work-orders issued by United Power Generation & Distribution Company Ltd. (UPGDCL) and Abul Khair Group. biniyog.io will act as an agent for the investors and collect necessary funds and deposit to the business account of Impro Solution. biniyog.io will follow-up with Impro Solution to ensure that the funds are being used to cater to that work order and Shariah Compliance is maintained. biniyog.io has proposed a 55:45 (Investor: Business) split of the net profit generated during the specific work order and Impro Solution has agreed to it and investors will get an estimated 15.71%-18.54% annualized ROI (after deducting biniyog.io’s fee from investor profit). 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 entire loss as per their investment share on total investment. 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 অক্টোবর ২০২৬ থেকে মে ২০২৭ পর্যন্ত ৭ মাসের জন্য। যদি ক্রয় প্রক্রিয়াটি সুষ্ঠুভাবে সম্পন্ন হয় এবং সময়মতো অর্থ পরিশোধ করা হয়, তবে এপ্রিল ২০২৭-এর মধ্যে প্রকল্পের অর্থ পরিশোধ শেষ হওয়ার সম্ভাবনা রয়েছে। প্রত্যাশিত ROI (বিনিয়োগের উপর রিটার্ন) প্রত্যাশিত বিনিয়োগ ফেরত: ৯.১৬% - ৯.২৭% প্রত্যাশিত বিনিয়োগ ফেরত (বার্ষিক): ১৫.৭১%-১৮.৫৪% উদাহরণস্বরূপ: যদি কেউ প্রকল্পে ১ লক্ষ টাকা বিনিয়োগ করেন, তবে তিনি উল্লিখিত সময়কালে মোট ১,০৯,১৬০ থেকে ১,০৯,২৭০ টাকা পাওয়ার আশা করতে পারেন। বিনিয়োগ পরিশোধিত অর্থের উপর ০.৯৩% সফলতা ফি ধার্য করবে। চুক্তির শর্ত বিনিয়োগের সূচনা: বিনিয়োগকারীরা ইমপ্রো সলিউশনের সাথে একটি মুদারাবা (লাভ-লোকসান ভাগাভাগি) চুক্তিতে আবদ্ধ হবেন। এটি একটি লাভ-বণ্টন চুক্তি হবে, যেখানে ইমপ্রো সলিউশন বিনিয়োগের অর্থকে কার্যকরী মূলধন হিসেবে ব্যবহার করে ইউনাইটেড পাওয়ার জেনারেশন অ্যান্ড ডিস্ট্রিবিউশন কোম্পানি লিমিটেড (ইউপিজিডিসিএল) এবং আবুল খায়ের গ্রুপ কর্তৃক প্রদত্ত দুটি ওয়ার্ক-অর্ডার সম্পন্ন করবে। biniyog.io বিনিয়োগকারীদের এজেন্ট হিসেবে কাজ করবে এবং প্রয়োজনীয় তহবিল সংগ্রহ করে Impro Solution-এর ব্যবসায়িক অ্যাকাউন্টে জমা দেবে। biniyog.io, Impro Solution-এর সাথে ফলো-আপ করবে এটা নিশ্চিত করার জন্য যে, তহবিলটি সেই ওয়ার্ক অর্ডারটি সম্পন্ন করার জন্য ব্যবহৃত হচ্ছে এবং শরিয়াহ বিধি মেনে চলা হচ্ছে। biniyog.io নির্দিষ্ট ওয়ার্ক অর্ডার চলাকালীন অর্জিত মোট মুনাফার ৫৫:৪৫ (বিনিয়োগকারী: ব্যবসা) অনুপাতে ভাগের প্রস্তাব দিয়েছে এবং Impro Solution এতে সম্মত হয়েছে। এর ফলে বিনিয়োগকারীরা (বিনিয়োগকারীর মুনাফা থেকে biniyog.io-এর ফি বাদ দেওয়ার পর) আনুমানিক ১৫.৭১%-১৮.৫৪% বার্ষিক ROI (বিনিয়োগের উপর রিটার্ন) 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। যদি এই ওয়ার্ক-অর্ডার ফাইন্যান্সিং-এর কারণে ব্যবসায় নীট লোকসান হয়, তবে বিনিয়োগকারীদের মোট বিনিয়োগের উপর তাদের বিনিয়োগের অংশ অনুযায়ী সম্পূর্ণ লোকসান বহন করতে হবে। ওয়ার্ক অর্ডার প্রদানকারীর পক্ষ থেকে অর্থ পরিশোধে বিলম্ব হলে অথবা ব্যবসা প্রতিষ্ঠানটি প্রকল্প সরবরাহে বিলম্ব করলে, অর্থ পরিশোধে কিছু সময় দেরি হতে পারে। বিস্তারিত বিবরণ 'ব্যবসা মূল্যায়ন' (Business Assessment) অংশে উল্লেখ করা হয়েছে।",
  "fundUtilizationScope": {
    "bn": "শিল্প যন্ত্রাংশ",
    "en": "Industrial equipment"
  },
  "protectionPoolChargeFee": [
    {
      "startingFrom": 4400,
      "protectionPoolFeeRate": 1
    },
    {
      "startingFrom": 100000,
      "protectionPoolFeeRate": 1.5
    }
  ],
  "previousRepaymentHistorySummary": "This is Impro Solution’s 7th campaign with Biniyog.io. The business has successfully completed its previous six campaigns, achieving 100% repayment across all campaigns, with the 3rd and 5th campaigns experiencing one-month delay in each campaign."
}