PERSONAL LOAN AGREEMENT

1. THE PARTIES. The Personal Loan Agreement (“Agreement”), made this __________(Date Today), is
between:

Borrower: [BORROWER’S NAME], with a current mailing address of [ADDRESS]. (“Borrower”) agrees to
borrow money from;

Lender: KUOT-KUOT NI ROMIE, with a current mailing address of 16th floor Mabuhay Tower, Jose
Maria del Mar cor. Abad Street, Cebu IT Park, Cebu City, agrees to lend money to the Borrower under
the following terms:

2. LOAN AMOUNT. The total amount of money being borrowed from the Lender to the Borrower is
Php________ (“Borrowed Money”).

3. INTEREST RATE. The Borrowed Money shall: (check one)

☐ – Pioneer Member Interest. The Borrowed Money shall bear interest at a rate of 5% with a loan
term of (check (1) one only):

☐ 1-month loan term ☐ 2-month loan term

4. TERM. The total amount of the Borrowed Money, including principal and interest, shall be due and
payable on the 10th and 25th day of the following month. [DATE 1: __________] [DATE 2: __________]
[DATE 3: __________] [DATE 4: __________] (“Due Dates”).

● Loans are payable every 10th and 25th of the month.

● Interest is 5% for members.
● The maximum loanable amount for pioneer members of the group is only Php3,000.00 per head
from Feb 25, 2023, to June 25, 2023, and a maximum of only Php4,000.00 per head from July
25, 2023, until Nov 25, 2023.
● To process loans for the members, he/she needs to fill out the borrower’s agreement form, and
Jezreel and Clark will be the ones to release the loanable amount every 25th of the month.
● In the event that a member wishes to borrow an amount for both of his account heads, he/she
needs to have a current saving equal to or greater than the amount to be borrowed.

5. PAYMENTS. The Borrower agrees to repay the Borrowed Money to the Lender under the following
payment schedule: (check (1) one only)

☐ – Semi-Monthly Payments. The Borrower agrees to repay the Lender on the 10th day of the month
and 25th day of the month(s) / every payday however if there is a delay in the payment the collection of
the funds will be done on the exact payday date.

☐ – Monthly Payments. The Borrower agrees to repay the Lender on the 25th day of each month
until the Due Date (for pioneer members who availed for loans using their 2 account heads).

☐ – Lump Sum. The Borrower agrees to repay the Lender, in full, on the Due Date (for single account
head loans and non-member loans).

☐ – Other. ____________________________________________________________

Hereinafter known as the “Payment Schedule.” All payments made by the Borrower shall be first applied
to any accrued interest and second to the principal balance.

6. LATE PAYMENT. If the Borrower is late by more than [3] three days for any payment due, it shall be
considered late. If a payment is late, the Borrower shall be:

☐ – Charged a Late Fee. The Borrower shall be charged a late fee equal to [Php50.00 for

pioneer members]
7. GOVERNING LAW. This Agreement shall be construed and governed by the laws located in the City of
Cebu [GOVERNING LAW] (“Governing Law”).

IN WITNESS WHEREOF, the Borrower and Lender have executed this Agreement as of the day and year
first above written.

Borrower’s Signature: _____________________ Date: ______________

Printed Name: ________________________________________________

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We hereby understand and agree to the aforementioned Terms and Conditions of the PERSONAL LOAN
AGREEMENT FORM. Below is the list of pioneer members’ signatures affirming the agreement stated herein:

Signed By:

Romie Sandigan Melissa Ortega

Concierge, Rocketmiles Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.

Hannah Quintana Mark Lesther Conog

Concierge, Rocketmiles Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.

Jezreel Regala Mary Cloude Ocampo

Concierge, Rocketmiles Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.

Luanne Aves Gilbert Pacris

Concierge, Rocketmiles USA Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.

Farah Lagaras Jonhrey Delatorre

Concierge, Rocketmiles Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.

Jolia Solon Jovel Clark Contratista

USA Concierge, Rocketmiles Concierge, Rocketmiles
Sophi Outsourcing Inc. Sophi Outsourcing Inc.