Onoyima Precious Umeka

 10th August, 2022 Jideonwo Ogochukwu Tony, No.209,Nnebisi Road, ASABA. Dear Sir, 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: Jideonwo Ogochukwu Tony Loan Amount:N3,000,000 (Three Million Only) Tenor:6 Months Purpose:To Expand Business Source of Repayment:Cash generated from daily sales Frequency of Repayment:Daily/Weekly Interest rate:5%/Monthly (N150,000Monthly) Management/Form Fee:3.15% (N95,550) payable upfront Daily Repayment:N25,000 Weekly Repayment:N175,000 Security/Collateral:1. Personal Guarantee of Ogene Blessing Onyinye 2. Personal Guarantee of Okoye Annoye Nkiru 3.Undated Cheque Of Jideonwo Ogochukwu Tony (Unity Bank) 4.A plot of Land measuring approximately (100×100) . Lying and situated at Akwulo Umudaike Family Land ,Okponta,Ibusa Land Oshimili North L.G.A of Delta State of Nigeria. Reliance Economic Advancement Multi-Purpose Cooperative Society reserves the right to call-in this facility without recourse to the customer. Also NOTE that if your loan exceeds the duration date even by one day it will attract a full months’ interest and applicable default charges. Failure to adhere to repayment plan will also attract Default Charges. Please signify the acceptance of this offer by signing the acceptance column below. We thank you for your continued patronage. Payment of funds into staff personal account is prohibited. Kindly pay into company’s designated bank account. Yours faithfully, For: Reliance Economic Advancement Multi-Purpose Cooperative Society Samuel Nnamdi Onoyima Precious Umeka (Branch Manager)(Account Officer) Accepted By: Name: ………………………………………………………………………………… Signature: ………………………………… Date: …………………………………….