Loan Agreement Template (Page 2 of 7) in pdf

The loan will exclusively be used to fund « [project_title] » as mentioned in the Project «

[project_description] » of « [borrower_full_name] », published on [domain] under the ID number

[project_id]. The LENDER acknowledges to having been informed of the terms and conditions of

such loan through the website [domain].

The BORROWER commits himself to strictly respect the planned loan allocation and use.

ARTICLE 3: LOAN STARTING DATE AND DISBURSAL OF THE FUNDS

The loan starting date is [project_disbursement_date].

The funds might take a few extra days to be made available to the BORROWER to take into account

the time needed for the transfer of the funds.

By agreement between the LENDER and the BORROWER, this delay will not affect the starting date

of the loan.

MW INVEST will organize the transfer of the funds through a payment partner duly authorized (see

Article 14 below).

ARTICLE 4: LOAN REPAYMENT

4.1 Repayment terms

The BORROWER shall repay the total loan amount of [project_amount], in one single installment at

the term date on [project_refund_date].

The loan shall be repaid by the BORROWER even in case of default by the Final Beneficiary.

The funds might take a few extra days to be made available to the LENDER to take into account the

time needed for the transfer of the funds.

By agreement between the LENDER and the BORROWER, this delay will not affect the end date of

the loan.

The loan repayment schedule is made available as an Appendix of this Agreement.

4.2 Interest rates

The LENDER shall receive for the loan a remuneration of [remuneration_rate] % per annum (p.a) on

the outstanding capital. Interests are calculated in arrears once a month on the 1st day of the month,

based on the outstanding capital at the end the previous month. For the interest calculation it is

considered that all months are of equal duration.

The payment of accrued interest will take place in one single installment when the loan capital is

repaid at the due term. Interest payment will be netted of any social charges and other advance tax

deposit required by the legislation.

4.3 Intermediary costs

No fees are due by the LENDER to the Intermediary in Crowdfunding for organizing this operation.

The BORROWER pays a [microworld_commission] commission to the Intermediary in

Crowdfunding on the outstanding capital for organizing this operation.

ARTICLE 5: THE BORROWER’S STATEMENTS AND COMMITMENTS

Loan Agreement Template Page 2