_____ LENDER COPY _____ BORROWER COPY

Payment Acknowledgement
Date: ________________________________________________

From: (Lender)_________________________________________

To: (Borrower)_________________________________________

I acknowledge that I received an amount of _______________________________________________________

as full/partial payment of the _______________________________________________________ that you loaned.

Your unpaid balance is _________________ and next payment schedule will be on________________________.

Cash Paid by: Cash Received by:

BORROWER__________________________________ LENDER___________________________________
Name/Signature/Date Name/Signature/Date

Witness/Co-guarantor Name/Signature/Date:

____________________________ ; _____________________________ ; _______________________________

LOAN AGREEMENT
On (Date) ____________________________, I (Lenders name) _____________________________________________

will lend (Borrowers name) ___________________________________ a sum of ______________________________.

in the form of CASH which is to be repaid in full by (date) _____________________________________________.

Payments will be made over a period of ________ months, starting on _______________________________ and

ending on __________________________.

The interest rate is _________% and as a result, each monthly payment will amount to _____________________.

Every monthly payment must be made before or on the _______________ of every month. Any late payments will

result in an additional fee of ________________.

Cash received by: Cash given by:

BORROWER__________________________________ LENDER___________________________________
Name/Signature/Date Name/Signature/Date

Witness/Co-guarantor Name/Signature/Date:

____________________________ ; _____________________________ ; _____________________________

_____ LENDER COPY _____ BORROWER COPY