Mabuhay Loan Loan Agreement

Effective Date: March 2025

1. Parties Involved

This Loan Agreement is made between:

• Lender: 2025 BANCPH LENDING INC, registered under the laws of the Philippines.
• Borrower: Borrower's Full Name

2. Loan Details

The Lender agrees to provide a loan to the Borrower under the following terms:

• Loan Amount: PHP 5,000 - PHP 100,000
• Interest Rate: 1.5% per month (18% per annum)
• Processing Fee: PHP 200 (deducted upfront)
• Repayment Period: 3 to 12 months
• Payment Frequency: Monthly

3. Repayment Terms

The Borrower agrees to repay the loan according to the following schedule:

• Loan Amount: PHP 10,000
• Annual interest rate: 18%
• Monthly Installment: PHP 983.33 (for 12 months repayment)
• Total Repayment Amount: PHP 11,800 (including interest)
• Due Date: Every 5th day of the month(For example, received the money on the 5th)
• Late Payment Fee: PHP 100 for payments made after the due date.

4. Rights and Obligations

4.1. Borrower's Obligations

• Repay the loan on time.
• Provide accurate and up-to-date personal and financial information.
• Use the loan for the stated purpose only.

4.2. Lender's Rights

• Charge interest and fees as agreed.
• Report default payments to credit bureaus.
• Pursue legal action in case of non-payment.

5. Early Repayment

The Borrower may repay the loan early without any penalties. Interest will only be charged up to the date of early repayment.

6. Default and Consequences

Failure to make payments on time may result in:

• Late fees and penalties.
• Negative impact on credit score.
• Legal action for recovery of outstanding amounts.

7. Governing Law

This agreement is governed by the laws of the Republic of the Philippines. Any disputes arising from this agreement shall be resolved in Philippine courts.

8. Acknowledgement and Agreement

By signing or agreeing electronically, the Borrower acknowledges having read, understood, and agreed to the terms and conditions outlined in this Loan Agreement.