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Memphis by Tagima is a secondhand brand by Tagima from Brazil. It comes with bad pickups and electronics, but it's a cheap guitar that won't disappoint a person that has just started learning to play. With an upgrade in pickups and electronics, you can make this guitar screams a pretty strato tone, but keep it mind that good pickups would cost almost the triple of the guitar price.
It must be taken in consideration the high taxes from imported instruments to Brazil, which turn even cheap stratocasters like Squier into guitars with little cost/benefit. So the Memphis MG32 is the perfect guitar for an extremely low budget setup for practicing in Brazil.