APPROVED LOAN APPLICATION

I. Application Details
A. Application Number: 0503521
B. Date/Time Application Submitted: 25/05/2018 19:29:36
C. Agreement Number: 0193575
D. Date/Time Application Approved: 25/05/2018 19:29:39
II. Applicant’s personal details
A. Full name* Ricerra Maano Emma Noelle
B. Date of birth*: 25/12/1976
C. Mobile phone*:+63 975 975 9905
D. Gov’t ID Type: ID(TIN)
E. Gov’t ID No.: 000934366826
F. Permanent address*: Magallanes Ilaod, 0, 0, REGION V (Bicol Region), CAMARINES NORTE,
Barangay I (Pob.), DAET (Capital)
G. Current residence address*: Magallanes Ilaod, 0, 0, REGION V (Bicol Region), CAMARINES
NORTE, Barangay I (Pob.), DAET (Capital)
H. Name of Business or Employer: Deped Position: Teacher-1
I. Telephone No.: +63 997 448 4164
J. E-mail Address*: baleleng2576@gmail.com
III. Approved Loan Information
1. Approved Loan Amount: 6000.00
2. Approved Payment Term *: 30 days (Not to exceed 30 days)
3. Interest rate: 1% each day.
4. Processing fee: 10% of Approved Loan Amount Deducted Upon Disbursement
5. Net Loan Proceeds: Object reference not set to an instance of an object.
6. Date of Contract: 26/05/2018
7. Due Date: 25/06/2018
8. Total Amount Due: Object reference not set to an instance of an object.
9. Late Penalty Interest rate: 2% each day of account in default
10. Late Payment Fee: Php 700 for every occurrence of Late Payment; refer to Credit Agreement
11. Prolongation Fee: Php 700 may apply; refer to Credit Agreement for details
TERMS AND CONDITIONS
The Borrower: is the person having personal details as stated in Item II of this Loan Application
and Credit Agreement (Collectively called "Loan Documents").
1. The Lender: “Moola Lending Corporation”
Address: Unit 805, 8th Floor, Antel Corporate Center, 121 Valero St., Salcedo Village, Makati City.
2. Once the loan is approved subject to the Credit Agreement, the loan amount is disbursed to the Borrower
through services offered by Money Transfer Providers in partnership with the Lender.
3. The Borrower undertakes to use all his lawful assets to secure the payment and performance of all
present and future, actual or contingent obligations to the Lender pursuant to the Loan Agreement, and
 separately or jointly with any other person and includes principal, interest, overdue interest, fees,
damages, costs, charges, expenses and liabilities payable by the Borrower on a full indemnity basis. In
the event of failing to perform or breaching any of obligations to the Lender, the Borrower agrees that
the Lender has all the rights and remedies available to it under applicable laws of the Philippines, the
Loan Documents and other relevant documents, for recovery of debts.
4. Additional undertaking of the Borrower:
a. The Borrower has disclosed to the Lender all information relating to the Borrower which is material
to the Lender in view of the provisions of the Loan Documents and other relevant documents and which
is true, complete and accurate in all material respects as at the date it was given and is not misleading
in any respect. The Borrower hereby authorized the Lender to request and obtain data from third
party(ies) to verify any information the Borrower provided to the Lender in connection with this Loan
Application.
b. The Borrower has read, understood and agreed to comply with terms and conditions of the Loan
Documents and other relevant documents. The Borrower accepts and agrees to be bound by the Loan
Documents and other Transaction documents including amendments of these documents as an integral
part thereof, which the Borrower acknowledges are available for reading or downloading at the Lender
website: www.moola.ph and/or notified by the Lender to the Borrower through various communication
channels which the Lender deems fit.
c. The Borrower understands and acknowledges his obligations with respect to making the full, complete
and timely payment of his loan obligation as stipulated in the Credit Agreement.
d. The Borrower understands and acknowledges that the Lender has the absolute discretion to accept or
reject this Loan Application without assigning any reason whatsoever and that this Loan Application
and its supporting documents shall become part of the Lender’s record and shall not be returned to the
Borrower.
e. The Borrower understands and acknowledges that the Borrower’s loan application should be regarded
as an offer only. Official approval of the loan application shall be decided upon the Lender’s appraisal
and approval according to the Lender’s policy from time to time. The Borrower voluntarily agrees to
the Lender’s decisions. The Borrower shall not file any complaints, or seek redress against the Lender
on these matters.
f. Upon approval of this Loan Application, the disbursement of the amount of the loan shall be at the
Lender’s absolute discretion. The Borrower unconditionally acknowledges that the Borrower is truly
and lawfully indebted to the Lender on the approved loan amount in case the Lender had disbursed the
said amount as stipulated.

5. GENERAL TERMS APPLICABLE TO LOAN APPLICATION AND CREDIT AGREEMENT

a. In case the Borrower fails to pay fully or correctly or timely the loan obligation, in addition to debt
recovery measures as specified herein/therein or in accordance with the Philippine laws, the Lender shall
be entitled to provide information on such failure to third parties, including but not limited to collection
agencies for the purpose of collecting the loan obligation.
b. The Borrower agrees that information and documents furnished to the Borrower or the Lender in
connection with this Loan Application and other Transaction Documents may be delivered by hand or
sent by prepaid ordinary mail or sent by email (electronic mail) or sent by facsimile to the facsimile
number of the addressee or sent by phone call to the phone number of the parties, or sent by message to
the mobile number of the addressee which is specified in Loan Documents.
c. Notification regarding R.A. No. 9510. Pursuant to Republic Act (R.A.) No 9510 and its Implementing
Rules and Regulations (IRR), creating the Credit Information Corporation (CIC) we are mandated to
submit your basic credit data (as defined in R.A. No. 9510 and its IRR), as well as any regular updates
or corrections thereof, to the CIC for consolidation and disclosure as may be authorized by the CIC, and
other credit reporting agencies duly accredited by CIC, for the purpose of establishing your
creditworthiness.
d. This Loan Application shall take effect from the date it is submitted to the Lender for evaluation and
decision procedures for each Loan according to the internal policies and procedures of the Lender.