REPAYMENT GUARANTEE. We the undersigned hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower's default. We understand that the amount in default may be recovered by an offset against our shares in the society or by attachment of our property or salary and that we shall not be eligible for loans unless the amount in default has been cleared if full. Guarantors M/No. Employment No. Guarantor’s Name Workstation Shares Loan Amount Guaranteed Signature TOTAL For official use only: LOANS OFFICE
REPAYMENT GUARANTEE. We, the undersigned, hereby accept jointly and se verally, liability for the repayment of the loan in event of the borrower’s default. We understand that the amount in default may be recovered by an offset against o ur shares in the society or by attachment of our property or salary and that shall not be e ligible for loans unless the amount in default has been cleared in full. We also authorize our employer(s) to recover the defaulted loan from our m onthly salary. Minimum guarantors of short-term loans are TWO and FOUR for long-term Loans. DO NOT GUARANTEE MORE THAN SIX TIMES YOUR DEPOSITS. EST/EMPL XXXX NO. TEL. NO. NAME Amount guaranteed in Words Amount in Figures ID No SIGNATURE Guarantorship confirmed by
REPAYMENT GUARANTEE. We, the undersigned, hereby accept jointly and severally liability for the repayment of the loan in the event of the borrowers default. We understand that the amount in default may be recovered by an offset againstour shares in the society or by attachment of our property or salary, and that we shall not be eligible for loans unless the amount in default has been cleared in full. Guarantors M / No. P / F Guarantor`s Name Department/School Signature Loan Shares FOR OFFICIAL USE ONLY – LOAN OFFICE Total Shares Kshs. Loan outstanding Kshs. Amount currently requested Kshs. New loan balance will be Kshs. Shares Kshs. X3 Present monthly income Kshs. X 0.65 = Kshs Total payment to society including payments on Loan requested is Kshs. Do the guarantors cover the loan requested? I certify that the application is within the rules of the Society and the member is qualified/not qualified for the loan Loans Officer’s Name: Signature: Date: CREDIT COMMITTEE MINUTE NO. Loan Approved Kshs. Recoverable in months at 1.5% per month on R.B. Signature of Chairman: Date: EXECUTIVE COMMITTEE(Checked & Approved/Not Approved) Chairman: Secretary: Treasurer: Date: Date: Date:
REPAYMENT GUARANTEE. I/We the undersigned do accept liability for repayment of the loan as may be approved by CFE Limited. I/We understand that if the loan is granted, I/We shall be personally responsible for repayment of the principle amount together with any interest due. In case of default, the principle, interest and any collection expenses may be recovered summarily from me/us without any further reference to me/us.
REPAYMENT GUARANTEE. We the undersigned hereby accept jointly and severally, liability for the repayment of the loan in the event of the borrower’s default. We understand that the amount in default may be recovered by an offset against our shares in the Society or by attachment of our property or salary, and that; we shall not be eligible for loans unless the amount in default has been cleared in full. Name Society No. Shares K Loans K Existing Guarantees Guarantor’s Signature Witness Signature & Payroll # K No. TOTALS
REPAYMENT GUARANTEE. We, the undersigned accept jointly and severally liabilities for the repayment of the loan in the event of the borrower’s default. We understand the amount in default may be recovered by an offset against our share as in the society or by attachment of our property or salary, and that shall not be eligible for loans unless the amount in default has been cleared in full. Guarantors PAYRONO. M/NO GUARANTOR’ NAME SHARES KSHS. GUARANT KSHS. SIGNATU I.D NO. MOBILE CONTACT ADDRESS & CODE 1.
REPAYMENT GUARANTEE. We, the undersigned, hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower’s default, and that we shall not be eligible for loans unless the amount in default has been cleared in full. GUARANTORS NO NAME M/N O AMOUNT GUARANTEED IN WORDS FIGURES KSH SIGNATURE 1. 2.
REPAYMENT GUARANTEE. We the undersigned, hereby accept jointly and severally, liability for the repayment of the loan in the event of the borrower’s default. We understand that the amount in default may be recovered by an offset against out shares in the society of by attachment of our property or salary, and that we shall not be eligible for loans unless the amount in default has been cleared in full. GUARANTORS TSC NO M/NO NAME SHARES LOANS KSHS GUARANTORS SIGNATURE
REPAYMENT GUARANTEE. We, the undersigned, hereby accept jointly and severally, liability for the repayment of this loan in the event of the borrower’s default. We understand that the amount in default may be recovered by an offset against our deposit or attachment of our property, salary. No Member No. Member Name Outstanding Loans Deposits ID No. Date Signature 1 4 5 6 7 Where Collateral is used as security, fill the following portion: OTHER FORMS OF SECURITY LR. NO (where applicable) Brief description of the property Property location Sub location street/estate Estimated Value of property Is the property charged? Yes No (if yes) Chargee Details
REPAYMENT GUARANTEE. GUARANTORS Page 2.
