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Wednesday, December 4, 2013

Sample Loan Agreement


LOAN AGREEMENT



_____________________________


I, _____________________________ of legal age, with residential address at _________________________________________________________________________________,
do hereby promise to pay  _____________________________, the trustee of an impukan group,  of legal age, with residential address at _________________________________________________________,
the full amount of  _____________________________ THOUSAND & 00/100 pesos or (Php ___________) with an interest rate of TWENTY PERCENT or (20%) payable within three (3) months.


I hereby authorize _____________________________, as my attorney-in-fact to specifically hold in her possession my ATM account and, specifically: ___________________________Branch Card No. _______________________ Exp. ________ S/A#__________________ to withhold funds and to pay my loan in accordance with our agreed schedule of payments.



___________________________                                          ___________________________
Borrower                                                                          Co-maker


Conforme:


___________________________
Lender

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