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.
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 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.
REPAYMENT GUARANTEE. We, the undersigned, hereby accept jointly and severally, 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 of fset against our shares in the society or by attachment of our property or salary and that shall not be eligible for loans unless t he amount in default has been cleared in full. We also authorize our employer(s) to recover the defaulted loan from o ur monthly salary. Minimum guarantors of short-term loans are TWO and FOUR for long-term Loans. DO NOT GUARANTEE MORE THAN SIX TIMES YOUR DEPOSITS. Guarantorship confirmed by
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.
1. Name Signed I/D No. 2. Name Signed I/D No. 3. Name Signed I/D No. Witness:
1. Name Signed I/D No. Date of Application :………………………………………
PART 1: PARTIES TO THE AGREEMENT
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 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. Where Collateral is used as security, fill the following portion: 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. We the undersigned hereby accept jointly and severally liability for the repayment of the above applied for 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 defaulted by the loan applicant has been cleared in full. Each guarantor should state the amount for which he accepts liability in the event of default.
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. GUARANTORS
REPAYMENT GUARANTEE. GUARANTORS No. Names of the Guarantors M/ No. Savings Pledged Kshs Total Savings Kshs Loan Bal. Kshs Signature
