PERSONAL LOAN AGREEMENT PERSONAL LOAN AGREEMENT

This loan agreement is made and will be effective (date)______________ This loan agreement is made and will be effective (date)______________

between (name)___________________________________________ between (name)___________________________________________

hereinafter referred to as the “borrower” with a complete address of hereinafter referred to as the “borrower” with a complete address of

_________________________________________________ with contact _________________________________________________ with contact

number #__________________ and _______________________________ number #__________________ and _______________________________

hereinafter referred to as the “lender” with a complete address of hereinafter referred to as the “lender” with a complete address of
_______________________________________________________. _______________________________________________________.

TERMS AND CONDITIONS TERMS AND CONDITIONS

Within __________ from today, the borrower promises to pay the lender a Within __________ from today, the borrower promises to pay the lender a
monthly interest of _______% amounting to ₱_______________________ monthly interest of _______% amounting to ₱_______________________
until the borrower will pay the borrowed money in full. until the borrower will pay the borrowed money in full.

Details of Loan: ________________________________________________ Details of Loan: ________________________________________________

Amount of Loan: ₱_____________________________________________ Amount of Loan: ₱_____________________________________________

Monthly Percentage Interest: ________________ Monthly Percentage Interest: ________________

Amount of Monthly Interest: ₱_______________ Amount of Monthly Interest: ₱_______________

Payment Date: ___________________ Payment Date: ___________________

Important Notes: Important Notes:

__________________________ ________________________ __________________________ ________________________

Name & Signature of Borrower Name & Signature of Lender Name & Signature of Borrower Name & Signature of Lender

__________________________ __________________________
Name & Signature of Witness Name & Signature of Witness