The Coffee Haven Telephone number : 414-59-14; 09322925655 June 27, 2011 DR.

ELENA CAMILO Branch Manager BDO, Magallanes St. Cebu, City

Dear Dr. Camilo, We had proposed to establish The Coffee Haven, a coffee shop that would cater primarily to the students. We need to acquire machineries such as blenders, refrigerators, coffee machines and other equipments necessary to produce quality espressos and lattes. Other than that, we also need to purchase furniture and fixtures to accommodate our clients and to create a soothing atmosphere where students can unwind and study. As partners of this new business, the undersigned have agreed to put on 150,000.00 pesos. Each a total of 300,000.00 as a start for our capital; however, we still need 200,000.00 pesos to come up with our total capital of 500,000.00 pesos. For this reason, we would like to apply for a long term loan of 200,000.00 payable for five years from your prestigious bank. We look forward for you favorable action. Sincerely yours,