Loan Contract

1. Loans

1.1 In accordance with the terms of this Loan Agreement, the Lender ( agrees to provide the Borrower with a loan whose aggregate principal amount does not exceed the maximum loan amount shown on the App. At any time during the Available Term as defined in Section 1.4 below, the Borrower may apply for a Loan (“Withdrawal”) by submitting a Loan Application (“Withdrawal Application”) to the Lender.

1.2 The Lender has the sole discretion to approve, accept or reject the loan application. The Lender may send a message to the Borrower by any of the means of communication shown in Exhibit "A-2" ("Approval Notice") to notify the Borrower that its withdrawal request has been approved. The approval notice shall contain the following relevant information for each loan application: (a) the principal amount of the approved loan, (b) the applicable interest rate, (c) the term and due date, (d) the amount of interest payable, and the timing of interest payment Table, (e) Fees and Financing Charges payable by the Borrower.

1.3 Each approved loan is subject to a repayment schedule related to the loan amount and loan repayments shall be made in accordance with the repayment schedule. See the repayment schedule in Exhibit "B" of this Agreement for specific instructions.

1.4 In addition to the other fees and financing fees described in this Agreement, Disclosure Statement and Approval Notice, the Borrower shall pay the Lender the following fees: Service fees, management fees and technical service fees shall be paid to the Lender for each repayment , and the total amount of the borrower.

1.5 Approval for payment of any Loan is subject to the Borrower meeting and complying with the conditions precedent to such payment as set out in Section 2.2 below.

1.6 The loan amount under this Agreement is available for withdrawal for an extension of 3 days (“Availability Period”) from the date of approval of this Agreement. Any amount not withdrawn at the end of the availability period will be automatically cancelled.

1.7 The non-subordinate, unsecured and general obligations of the borrower, at least equal in all respects and pro-rata, without priority (except for the operation of Philippine law, including but not limited to bankruptcy, priority in insolvency), Reorganization, suspension, liquidation, or other similar laws generally affecting the enforcement of creditors’ rights, except for any priority provided for in Section 14(a) of Section 2244 of the Philippine Civil Code, as the law may from time to time directly conflict with all other current and future , unconditional, unsubordinated and unsecured obligations (contingent or otherwise).

1.8 Documentary stamp duty on original bills is borne by the lender.

2. Loan payment method and prerequisites

2.1 After the lender completes due diligence on the borrower (including but not limited to financial and legal due diligence) and accepts the terms and conditions of the loan, the borrower shall receive a text message from the lender confirming the approval of the loan, and the withdrawal number, allowing the borrower to Obtain such amounts from the partner payment channels listed in our mobile application. Additionally, borrowers can check the mobile app for approval notifications within the first 48 hours of their application;

2.2 Disbursement of all loans to the Borrower is conditional upon the Borrower meeting the following prerequisites to the Lender’s satisfaction within 3 working days upon receipt of the Lender’s approval notice:

A. The borrower has indicated his/her agreement to the terms and conditions of use by checking the box next to the "Submit" button in the mobile application;

B. The Borrower has acknowledged receipt and consent to the disclosure statement required by the Truth in Loans Act (RA 3765) attached to Exhibit “C” of this Agreement;

C. The borrower has agreed and signed the note covering the loan.

By submitting the online application form, the Borrower shall indicate that he/she agrees and abides by the terms and conditions of withdrawals, disclosure statements, instructions and any other documents, contracts, instruments and agreements that may be required by this Agreement.

After the Lender has obtained the Borrower's consent in the manner specified here, the Lender shall, within 24 hours, send the withdrawal account number that the Borrower may provide to's partner payment channel.

2.3 Any withdrawal number sent by the Lender pursuant to an Approved Loan shall be valid for 3 calendar days. If the borrower fails to withdraw the approved loan within 3 calendar days of receiving the withdrawal number, the withdrawal number will expire and the borrower may no longer use the withdrawal number to apply for the withdrawal amount. At the request of the Borrower, the Lender may, in its sole discretion, provide the Borrower with a new withdrawal number.

2.4 Borrower expressly agrees to use electronic signatures permitted under the Electronic Commerce Act of 2000 (Republic Act 8792) to express its consent, approval or compliance with any agreement, document, data or information that may arise. Submitted or delivered to the Lender as required by this Agreement, including but not limited to the remarks, disclosure statements and other documents, contracts, agreements, instruments and consents required by this Agreement.

3. Principal and interest payment

3.1 The borrower shall pay the loan principal and related interest in accordance with the repayment and interest payment schedule stipulated in the approval notice for each withdrawal.

3.2 The Approval Notice shall state the applicable interest period (“Interest Period”) for each withdrawal.

3.3 Interest shall accrue from the first day (inclusive) of the interest accrual period to the last day of the interest accrual period.

3.4 If the repayment date of the principal and interest is not a business day, the principal and interest shall still be paid on the due date.

3.5 All principal and interest paid by the Borrower shall not be deductible. All repayments are due at any of the Lender's authorised payment centres. Our payment partners do not accept any partial principal and interest payments from borrowers.

3.6 Any payment by a third party on behalf of the Borrower without the express written consent of the Lender shall not constitute a modification of the obligations of this Agreement and shall not result in modification of the Debtor. The borrower remains responsible for any outstanding loan.

4. Effectiveness

This Agreement shall become effective upon final approval of the Borrower's application, which approval shall be notified to the Borrower by any means of communication set forth in Exhibit "A-2", no later than 24 hours from the date of posting. Include the withdrawal number of the withdrawal amount in the notification.

5. Borrower's Representations, Warranties and Undertakings

5.1 Representations and Warranties. The Borrower hereby makes the following representations and warranties in favor of the Lender, which are true, correct and valid as of the date of this Agreement, and so long as any of the Borrower's obligations under this Agreement remain unpaid, such representations and warranties will remain true, correct and valid:

A. He/she has reached legal age, has legal personality and full legal rights, powers and capacity to assume the debts and other obligations set forth in this Agreement and Instructions, perform and deliver, and observe and perform its terms and conditions;

B. This Agreement and Instructions constitute his/her legal, valid and binding obligations, enforceable in accordance with its terms;

C. The Borrower signs and performs this Agreement and instructions without obtaining the consent, approval, registration or filing of any relevant government agency or third party;

D. The Borrower signs and delivers this Agreement and instruments, performs this Agreement and any provisions, conditions, covenants or other terms thereof, and pays all amounts due hereunder and on the dates set forth therein: (I) without breach of any applicable terms ( ii) will not impose any lien or charge on any provision of any agreement, instrument, undertaking or contract to which the Borrower is a party; (iii) any provision which conflicts with or results in a breach of the property or assets subject to it; (iv) ) will not constitute a breach and, upon notice or the lapse of time or both, will constitute a breach of any such agreement, instrument, undertaking or contract;

E. The Borrower is not insolvent or has any acts of insolvency or bankruptcy, and the terms shall include (i) a bankruptcy or bankruptcy petition by the Borrower, (ii) a general assignment for the benefit of creditors, (iii) a moratorium on payments, (iv) consent to bankruptcy or bankruptcy proceedings against the Borrower, (v) any court order or judgment confirming the Bankruptcy or insolvency of the Borrower;

F. All information previously or subsequently provided by the Borrower to the Lender in connection with this Agreement, the Loan and the Notes is true and correct and the facts necessary to incompatible, such statements are misleading;

G. There is no legal, administrative or arbitration action, lawsuit or action that affects this Agreement, the Loan or Note or prohibits the execution, delivery or performance of this Agreement, Loan or Note or affects the Borrower, or will result in the termination, suspension of this Agreement or modification;

H. The Borrower's obligations, loans and instruments under this Agreement constitute its direct, unconditional, unsubordinated and secured obligations, and at all times the Borrower shall at least be in agreement with the unsecured and unsubordinated Debt and monetary obligations are on an equal footing.

I. Neither Event of Default as defined in Section 5 of this Agreement nor any other Event of Default which constitutes or will constitute a delay in notice has occurred or is continuing.

J. While the Project has not been paid off, each of the representations and warranties set forth in Section 4.1 shall survive the execution of this Agreement, and withdrawals under this Agreement shall be deemed duplicates based on the facts and circumstances existing at the time, Any amounts set forth in this Agreement shall be deemed a duplicate and the Agreement and Notes shall be deemed a duplicate.

K. While the project has not been paid off, each of the representations and warranties set forth in Section 4.1 shall survive the execution of this Agreement, and withdrawals under this Agreement shall be deemed duplicates based on the facts and circumstances existing at the time, Any amounts set forth in this Agreement shall be deemed a duplicate and the Agreement and Notes shall be deemed a duplicate.

5.2 The Borrower's Commitment

The Borrower undertakes to abide by and perform the following obligations under this Loan Agreement:

A. Pay the loan principal and interest on or before the due date;

B. Notify the Lender in writing or through the customer service number of any changes to the circumstances and data described at the time of the conclusion of this Agreement, including but not limited to changes in any of the following: his/her permanent or current address, telephone number, employment or employment status, employment contract and any circumstances that may affect the performance of their obligations under this contract. All statements, notices, invitations and any other documents related to the execution of this Agreement and sent to the Borrower's last stated address and/or email address shall be deemed to have been received by the Borrower. A change of address occurs if the Lender has his/her new address and/or email address, or if the Lender does not receive this notice until after the Lender has issued the statement, notice, invitation and other documents.

C. Loan proceeds will not be used for illegal activities.

6. Event of Default

6.1 Event of Default. Each of the following events constitutes an Event of Default under this Loan Agreement:

A. the failure of the Borrower to pay when due, the Loan or any instalment or any other payment that the Borrower is obligated to pay under this Agreement or the Notes;

B. Any representation or warranty of the Borrower proves to be untrue, incorrect or misleading as of the date of this Agreement, or becomes untrue, incorrect or misleading in any material respect, or at any time A person who violates the reasonable opinion of the loan and is not remedied within 30 days from the date the borrower receives notice from the lender;

C. The Borrower fails to perform or breach any other provision of this Agreement or the Instrument, and such failure or breach is, in the reasonable opinion of the Lender, irremediable, or if remedial, unless the Borrower receives notice from the Lender No continued remediation within 30 days of the date.

D. The Borrower is insolvent or any insolvency or bankruptcy occurs, the terms of which shall include: (i) the Borrower's bankruptcy or bankruptcy petition, (ii) a general assignment for the benefit of creditors, (iii) a moratorium on payments, (iv) ) agrees to bring bankruptcy or insolvency proceedings against the borrower, or (v) any court order or judgment confirming the bankruptcy or insolvency of the borrower.

E. it becomes unlawful for the Borrower or any Guarantor to perform any of its obligations under this Agreement, the Notes or other documents executed pursuant to the Loan and/or Drawdown (collectively, the "Loan Documents");

F. The Borrower or any Guarantor denies any Loan Document or certifies that there is an intent to deny any Loan Document, or shall question the validity or enforceability of the foregoing, or deny its liability under or under this Agreement ;

G. any Loan Document or any substantial part thereof is declared illegal or unenforceable;

H. If any event, circumstance or circumstance occurs (including, without limitation, any change in the Borrower's economic or financial condition or any other circumstances) which, in the Lender's reasonable determination, may materially and adversely affect: (a ) the ability of the Borrower or Guarantor (if any) to pay the Loan or any withdrawal or any other amount due under any Loan Document, or the ability of the Borrower or Guarantor (if any) to perform their respective obligations under any Loan Document; ( b) the validity or enforceability of any Loan Document or Lender's rights or remedies under any Loan Document;

I. Any event that has a similar effect to any event mentioned in this section shall occur in accordance with applicable law.

6.2 Default Impact

If an event of default occurs and continues, the event of default shall have the following alternating, simultaneous and cumulative effects:

A. The entire outstanding amount, principal and accrued interest of the Loan shall be due and paid immediately without any form of reminder, demand or notice, all of which are expressly waived by the Borrower;

B. The Borrower shall also be liable for default interest and penalties as set forth in Section 6.3;

C. If the Borrower delays repayment of any sums due under this Agreement, the Lender shall have the right to: (1) Assign its rights and obligations under this Agreement and the Notes to a third party for collection of outstanding payments through Exhibit A Payments - notify the Borrower by any means of communication specified in 2; or (2) engage a third-party service to collect payments due. In both cases, the Borrower hereby expressly consents to the release or disclosure of the Personal Data and related documents it generates or discloses pursuant to this Agreement to third parties to effect such collection;

D. The Borrower shall also be liable to the Lender for any and all attorneys' fees, collection fees and litigation costs incurred or to be incurred by the Lender in collecting the outstanding Loan;

E. The Lender shall be entitled, concurrently or cumulatively, to exercise all other rights and remedies available now or hereafter under this Agreement, the Instruments and applicable law.

6.3 Default interest

A. Without prejudice to Section 5.2 above, if the Borrower fails to pay any amount due under this Agreement when due (whether on the specified due date, by expedited or otherwise, and Whether principal, interest or otherwise), in addition to principal, interest and other amounts that may be due, pay the following applicable penalties (default interest and penalties) over the term of the loan, calculated from the amount due to the full amount paid:

B. Interest and penalties payable under this clause 6.3 shall accrue immediately on the date of the Event of Default without any notice or requirement.

C. Except for default interest, the Borrower shall indemnify the Lender for any actual, reasonable and properly recorded losses or expenses, any interest or any amount that may be suffered or incurred under this Agreement or the Notes may be due due to the Borrower Failure to pay the principal of the note.

7. Miscellaneous

7.1 Use of Data.
The Borrower agrees that the Lender may use the Personal Data, Notes and related documents it generates or discloses under this Agreement for marketing, sending reminders of repayment schedules, collecting payments due, credit scoring, surveys, marketing or providing other types of Financial or consumer goods services and similar activities, including but not limited to actions that may be required to verify information provided by borrowers to lenders during the loan application process.

The Borrower agrees that the Lender may use his/her Personal Data or Telecom Usage Data for ongoing credit scoring during and after the Loan Term, as well as to be able to provide the Borrower with future loan applications, financial or consumer products and purchases made by the Lender or otherwise. Services provided by a party.

Borrower hereby agrees and authorizes Lender to communicate with any third party ("Third Party Receiver") for any purpose described in this Section 6.1, to the extent permitted by applicable laws and regulations, subject to Lender's compliance Share their personal data and third-party recipients comply with data sharing requirements of applicable laws and regulations.

7.2 Electronic Signatures.

The Borrower agrees that, upon submission of the Application through the Mobile Application, when used in accordance with this Agreement, it shall serve as the Borrower's electronic signature on any document, contract, agreement or instrument, or this Agreement or any consent required therein shall serve as the Borrower's person's electronic signature. A valid and binding borrower. The Borrower acknowledges and agrees that any document, contract, agreement or instrument signed by the Borrower or consent granted using such electronic signature shall be enforceable against the Borrower in accordance with its terms.

7.3 Amendments. This Agreement, and loans and withdrawals made under this Agreement, are granted in accordance with the prevailing economic/regulatory environment and other circumstances considered by the Lender in entering into this Agreement and making loans and withdrawals hereunder. The Lender reserves the right to amend, with due notice, any of the terms and conditions applicable to this Agreement, as well as loans and withdrawals, in the event of any change in circumstances deemed important by the Lender or in any change in the Lender's credit policy pursuant to this Agreement. people. Agreement; subject to any modification or modification of: (a) the principal amount of the approved loan, (b) the applicable interest rate, (c) the term and due date, (d) the timing of principal instalments or repayments and interest payments Table, (e) Fees and financing charges payable by the Borrower, shall be agreed with the Borrower. If the Borrower fails to consent to any of the above modifications, the Lender reserves the right to refuse to approve any further withdrawals under this Agreement.

7.4 Assignment. This Agreement and the Notes are binding, valid and enforceable on the parties to this Agreement and their respective successors and assigns, but the Borrower shall have no right to assign any of its rights or assign any of its rights without the prior written consent of the Lender. right. the obligations of any other person or entity. Assignments are void without prior written consent. The Lender may assign, assign and assign any or all of its rights and interests in this Agreement and the Notes without the consent of the Borrower.

7.5 Confidentiality. Except as otherwise provided in this Agreement, each party undertakes to keep the terms and conditions of this Agreement strictly confidential and not to use, disclose or communicate to any third party (other than its attorneys and accountants) any and all related negotiations on the terms unless prior obtaining from the other party the written consent of the disclosing party, or any law or governmental, central bank or stock exchange regulations applicable to the disclosing party requiring disclosure, or directing the disclosing party to do so by any court of competent jurisdiction; disclosure does not constitute a prohibition of disclosure to third parties. As used herein, the term "Affiliate" shall refer to any entity directly or indirectly controlled, controlled or jointly controlled. For the purposes of this Agreement, the term "control" (including the terms "control", "controlled" and "under common control") means the authority, directly or indirectly, to direct or cause the management policy of the company or a party, whether By voting securities or by contract.

7.6 Notices. All notices, instructions, questions or documents under or in connection with this Agreement shall be deemed to be received by way of communication, fax or email, text message or telephone address designated by the Borrower. The lender can be contacted at the above address and email address.

7.7 Applicable Law. This Agreement and Instructions shall be governed by and construed in accordance with the laws of the Republic of the Philippines.

7.8 Place of Action. The parties agree that any legal action, suit or proceeding arising out of or in connection with this Agreement or the Instrument shall be brought before any competent court in Taguig, Metro Manila to the exclusion of all others.

7.9 Accessibility. This Agreement, Instruction Form and Disclosure Statement Form are accessible through the mobile application.

7.10 No Implied Waiver. No failure, omission or delay by the Lender in exercising any right or power under this Agreement shall be deemed a waiver, nor shall any single or partial exercise of any such right or power preclude any further exercise or Exercise of this Agreement. any other rights or powers under this Agreement. No modification or waiver of any provision of this Loan Agreement, and consent to any derogation from the Borrower, shall be void under any circumstances unless made in writing, then such waiver or consent shall only be granted in the specific circumstances and for the given purpose. to be effective.

7.11 Document Stamp Duty. Document stamp duty, notary fees and other expenses required for duly signing, delivering, notarizing, signing this Loan Agreement shall be borne by the Lender.

7.12 Attorney Fees. If Lender shall retain attorney services to collect loan obligations, Lender shall be entitled to recover from Borrower twenty-five percent (25%) of the amount due from Borrower as attorney fees.

7.13 Creditor records. In the absence of manifest error, the Lender's books shall be conclusive and conclusive evidence of the amounts due and owed by the Borrower under this Agreement.

7.14 Severability of Terms. If any provision of this Agreement is declared invalid, the other provisions thereof shall not be affected and shall remain in full force and effect.

Attachment "A-1"
Withdrawal application

Withdrawal requests are made through the mobile app.

1. Mobile App - Borrowers simply need to update their account to apply for a loan through the mobile app using their registered account.

Attachment "A-2" Lender-Borrower Newsletter

The Lender may communicate to the Borrower its approval of the Loan, any subsequent withdrawals, reminders regarding payment schedules, and other communications necessary under this Agreement to the Borrower by any of the following means, which the Borrower will be deemed to have duly received:
1. Short Message Service or SMS - Lenders may send such notices to Borrowers through the Borrower's registered mobile number or through the mobile application;
2. Email - The Lender may send notices to the Borrower pursuant to this Agreement at the email address provided by the Borrower to the Lender;
3. Address - the lender can notify the borrower by courier;
4. Phone - The lender can call the borrower at the phone number registered with the lender.
5. Mobile App – Lenders can contact or send notifications to borrowers through the mobile app.

Attachment "b" Repayment Schedule

Repayment plan details
number of loan periods Remaining payable due date
Phase 1 Contract amount*99% Date of Application+8 days
Phase 2 Contract amount*1% Date of Application+121 days

Exhibit "C" Disclosure Statement Form

The Borrower confirms that it has read, understood and agreed to the full terms and conditions of the above terms and has explained it to the Client in a language the Client can understand (or in the case of future loan agreements). Borrowers know that only agrees to provide loans to borrowers after the borrowers agree to abide by the loan agreement. These terms and conditions can be found in the mobile app.

Loan Agreement Effective Date: 2022-11-09