Appendix to promissory note for business loans

Personal guarantee

I / name / belongs to the group / name of group/. In the group, we are responsible for each others repayment of loans. If members of our group fail to repay their loans according to predetermined plan the rest of us undertake to repay their loan. Our guarantee is limited to 25% of our loans. The maximum amount a borrower must pay for another member of the group is 25% of their loans. All payments for another member of the group shall be made in proportion to respective shareholders’ loans.

My deposit is               $

In this document belongs Annex Regulatory framework for business loans.

I accept the above conditions by signing the Annex and are hereby

Place and date Matadi

Borrowers

Warranty totals in the group

Borrower´s Name:                                                          guarantee amount:             $

Borrower´s Name:                                                          guarantee amount:             $

Borrower´s Name:                                                          guarantee amount:             $

Borrower´s Name:                                                          guarantee amount:             $

Borrower´s Name:                                                          guarantee amount:             $