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    Simple Loan Agreement

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    Nandie Joy
    This document is a simple loan agreement between Nanide Joy G. Alvarez, the creditor, and Ma. Juma M. Domingo, the debtor. The creditor agrees to lend the debtor an unspecified amount of money for personal needs. The debtor must return the full amount within the stipulated period at 5% interest. If installments are late or missed, the debtor will incur late fees or risk legal action. Both parties signed the agreement on September 25, 2013 in Iloilo City, Philippines.

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    Download as DOCX, PDF, TXT or read online from Scribd

    Simple Loan Agreement

    Uploaded by

    Nandie Joy
    3K views1 page
    This document is a simple loan agreement between Nanide Joy G. Alvarez, the creditor, and Ma. Juma M. Domingo, the debtor. The creditor agrees to lend the debtor an unspecified amount of money for personal needs. The debtor must return the full amount within the stipulated period at 5% interest. If installments are late or missed, the debtor will incur late fees or risk legal action. Both parties signed the agreement on September 25, 2013 in Iloilo City, Philippines.

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    This document is a simple loan agreement between Nanide Joy G. Alvarez, the creditor, and Ma. Juma M. Domingo, the debtor. The creditor agrees to lend the debtor an unspecified amount of money for personal needs. The debtor must return the full amount within the stipulated period at 5% interest. If installments are late or missed, the debtor will incur late fees or risk legal action. Both parties signed the agreement on September 25, 2013 in Iloilo City, Philippines.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    3K views1 page

    Simple Loan Agreement

    Uploaded by

    Nandie Joy
    This document is a simple loan agreement between Nanide Joy G. Alvarez, the creditor, and Ma. Juma M. Domingo, the debtor. The creditor agrees to lend the debtor an unspecified amount of money for personal needs. The debtor must return the full amount within the stipulated period at 5% interest. If installments are late or missed, the debtor will incur late fees or risk legal action. Both parties signed the agreement on September 25, 2013 in Iloilo City, Philippines.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Simple Loan Agreement

    Know all men by these presents:


    This specific loan agreement is made and entered into by and between:
    NANDIE JOY G. ALVAREZ, of legal age and a resident of Jaro, Iloilo City, Philippines,
    hereafter referred to as the CREDITOR;
    -and-
    MA. JUMA M. DOMINGO, of legal age, married and a resident of Brgy. Tubang,
    Maasin, Iloilo, Philippines, hereafter referred to as the DEBTOR.
    WITNESSETH:
    That the CREDITOR is a co-employee of the DEBTOR in the Iloilo Provincial
    Government and willing to lend money to the DEBTOR for her personal needs;
    That the DEBTOR asked and agreed to borrow money from the CREDITOR;
    That the DEBTOR is currently working as jobhire being paid by the Iloilo Provincial
    Government and assigned as dental aide at Maasin Rural Health Unit, Roxas Street, Maasin,
    Iloilo;
    NOW THEREFORE, in view of the above, the CREDITOR hereby agree to lend to the
    DEBTOR and the latter has agreed to borrow money from the CREDITOR, subject to the
    following terms and conditions:
    The CREDITOR will lend the DEBTOR a total amount of ___________________.
    The DEBTOR has to return the total amount within a stipulated period agreed by the
    parties at an interest rate of 5%.
    In case there is a delay in paying the installment by the due date of a specific month, the
    DEBTOR will be charged a late payment fee.
    In case if the DEBTOR is unable to pay the installment for three consecutive due dates,
    he will be considered a defaulter and the CREDITOR has all the right to file a suit against
    the DEBTOR for Summary Proceedings of SMALL CLAIMS.
    That this agreement shall be binding upon parties.
    IN WITNESS WHEREOF, the parties have herunto set their hand this day of September
    25, 2013, in the City of Iloilo, Philippines.


    NANDIE JOY G. ALVAREZ MA.JUMA DOMINGO
    CREDITOR DEBTOR


    MAY MALONES-ROBLES
    CO-MAKER


    Witnesses:_____________________________and_____________________________________

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