Wa0012.
Wa0012.
Company
Physical Gender Male Female
Address
Employers
Phone Contact Salary Date
Amount of Loan N$20 000 Repayment Date
Required & (Same as Salary
Amount To Be
Date
Returned N$25 0000
How Do You Pay 2 Cell Bank Name
Want The Loan
To Be e-Wallet /Cellphone ●
Advanced? Account Number
(Tick) No.
Branch Code
Direct Transfer
(EFT)
Collateral Details
Equipment Mobile food caravan
Estimated Value N$60 000
(value of mentioned equipment
should be above the borrowed
funds)
Supporting Document Checklist Current Pay slip
(Namibian Police Certified ) Identification or Passport
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Proof of Residence
II. LOAN AMOUNT. The total amount of money being borrowed from the Lender to
IV. TERM. The total amount of the Borrowed Money, including principal and interest,
shall be due and payable on _______________________ [DATE] (“Due Date”).
V. PAYMENTS. The Borrower agrees to repay the Borrowed Money to the Lender
under the following payment schedule: (check one)
VI. LATE PAYMENT. If the Borrower is late by more than 2(Two) days for any
payment due, it shall be considered late. If a payment is late, the Borrower shall
be: (check one)
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✘ - Charged a Late Fee. The Borrower shall be charged a late fee equal to:
N$50.00
VII. SECURITY. As part of this Agreement, the Borrower agrees to: (check one)
In the event the Borrower defaults under this Agreement, the Lender shall
obtain possession of the Collateral: (check one)
- In its entirety and without discount to the amount owed.
- Equal to the amount owed of which a sale may be required.
VIII. ACCELERATION. The Lender shall have the right to declare the Borrowed
Money to be immediately due and payable, including interest owed, if any of the
events are to occur:
a. Late Payment. If any payment is late that is due under the Payment
Schedule of more than 2 days;
b. Default. If the Borrower should default on any of the conditions of this
Agreement; or
c. Security. If assets or property that are pledged as Security as part of this
Agreement are transferred or sold.
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Lender’s Banking Details
Account Holder Haruvandwi P. Mhene
*No e-wallet , Blue wallet , EasyWallet or any other form of wallet. The
repayment of funds should be directly deposited into the Lender’s account
and proof of payment forwarded to avoid late payment.
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GUARANTOR ADDENDUM
The Guarantor, known as [GUARANTOR'S NAME], agrees to be liable and pay the
Borrowed Amount, including principal and interest, in the event of the Debtor’s default.
The Guarantor agrees to be personally liable under the terms and obligations of the
Debtor in this Agreement.
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