Onoyima Precious Umeka

 04th June,2021 Chinyere Emmanuel Njoku Peace Mass Transit park, Koka,Junction, Asaba. Dear Madam, OFFER OF A LOAN FACILITY We are pleased to inform you that Reliance Economic Advancement Multi-Purpose Cooperative Society Delta State has approved the following loan facility to be extended to you: Lender:Reliance Economic Advancement Multi-Purpose Cooperative Society Borrower:Chinyere Emmanuel Njoku Loan Amount:N100,000(One Hundred Thousand Naira only) Tenor: Three Months Purpose: To Expand My Business Source of Repayment:Cash generated from daily Frequency of Repayment: Daily/Weekly Interest rate:5.5%/Monthly (N5,5000Monthly) Management/Form Fee: 3.15% (N4,200) payable upfront Daily Repayment:N1,300 Weekly Repayment: N9,100 Security/Collateral: 1.Personal Guarantee of Emmanuel Esther 2. Personal Guarantee of Nnenna Naomi Emmanuel Reliance Economic Advancement Multi-Purpose Cooperative Society reserves the right to call-in this facility without recourse to the customer. Please signify the acceptance of this offer by signing the acceptance column below. We thank you for your continued patronage. Please also NOTE that if your loan exceeds the duration date by one day it will attract a full month interest. Yours faithfully, For: Reliance Economic Advancement Multi-Purpose Cooperative Society Charles Okafor Onoyima Precious (General Manager)(Account officer ) Accepted By: Name: ………………………………………………………………………………… Signature: ………………………………… Date:…………………………………….