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    Sample of Loan Agreement Philippines

    Uploaded by

    Hannah Finuliar
    This loan agreement is between NAME OF BORROWER and NAME OF LENDER. It takes effect on EFFECTIVITY DATE. The Borrower promises to pay back the Lender AMOUNT OF LOAN over a period of __________, with interest of AMOUNT OF INTEREST due by __________. Payments will be made in cash directly to the Lender. The agreement can only be modified in writing and signed by both parties, and its loss does not void the agreement.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Sample of Loan Agreement Philippines

    Uploaded by

    Hannah Finuliar
    117K views2 pages
    This loan agreement is between NAME OF BORROWER and NAME OF LENDER. It takes effect on EFFECTIVITY DATE. The Borrower promises to pay back the Lender AMOUNT OF LOAN over a period of __________, with interest of AMOUNT OF INTEREST due by __________. Payments will be made in cash directly to the Lender. The agreement can only be modified in writing and signed by both parties, and its loss does not void the agreement.

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    SAMPLE OF LOAN AGREEMENT PHILIPPINES.docx

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    This loan agreement is between NAME OF BORROWER and NAME OF LENDER. It takes effect on EFFECTIVITY DATE. The Borrower promises to pay back the Lender AMOUNT OF LOAN over a period of __________, with interest of AMOUNT OF INTEREST due by __________. Payments will be made in cash directly to the Lender. The agreement can only be modified in writing and signed by both parties, and its loss does not void the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    117K views2 pages

    Sample of Loan Agreement Philippines

    Uploaded by

    Hannah Finuliar
    This loan agreement is between NAME OF BORROWER and NAME OF LENDER. It takes effect on EFFECTIVITY DATE. The Borrower promises to pay back the Lender AMOUNT OF LOAN over a period of __________, with interest of AMOUNT OF INTEREST due by __________. Payments will be made in cash directly to the Lender. The agreement can only be modified in writing and signed by both parties, and its loss does not void the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    LOAN AGREEMENT

    I. Parties

    This Loan Agreement (“Agreement”)entered into by and between:

    NAME OF BORROWER, of legal age, STATUS OF BORROWER, Filipino citizen and with
    residence and postal address at ADDRESS OF BORROWER, hereafter called the “Borrower”,

    and

    NAME OF LENDER, of legal age, STATUS OF LENDER, Filipino citizen and with residence and
    postal address at ADDRESS OF LENDER, hereafter called the “Lender”.

    II. Effectivity

    This Agreement is effective EFFECTIVITY DATE.

    III. Period of Loan

    This loan shall be payable for a period of ____________, due on or before __________.

    IV. Loan Amount

    The Borrower promises to pay the Lender AMOUNT OF LOAN

    V. Interest

    The Borrower agrees to pay an interest with a fixed amount of AMOUNT OF INTEREST the interest
    payment shall be payable on or before _____________ together with the Principal amount.

    VII. Method of Loan Payment

    The Borrower shall make all payments called for under this loan agreement by CASH personally
    served to the Lender.

    VIII. Non-waiver of right

    The failure of either Party to enforce any provision of this Agreement shall not be construed as a
    waiver or limitation of any parties right to subsequently enforce and compel strict compliance with
    every provision of this Agreement.
    IX. Modification

    This agreement may be modified, superseded, or amended only upon the written and signed
    agreement of both parties. Further, the physical destruction or loss of this document shall not be
    construed as a modification or termination of the agreement contained herein.

    IN WITNESS WHEREOF, the parties have set their hands this _______________ at _________________

    NAME OF LENDER
    Lender

    NAME OF BORROWER
    Borrower

    Signed in the presence of:

    _________________________ _________________

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