Lender: DIANNE LAURICE M.

RODIS

Bank Name: LAUR BANK

Amount of Loan: Php 100,000

Term: 5 years

Borrower: Aileen G. Bautista, Poultry Owner

1. As the bank manager what will you do on the following steps to assess your borrower. Give full
details of your plans for The Credit Approval Process:

Credit application: To obtain Mrs. Bautista credit application, I will gather some information about
her by writing it on a word application, so that all of her replies will have a clear copy, which will
serve as a basis for me to determine whether Ms. Christine Mendoza can meet her financial
commitments. Her name, birthday, age, and location are among the details provided.

Credit history: When it comes to lending money to a bank, credit history is the most absolute
requirement because it reveals the borrower's background. Mrs. Aileen G. Bautista must present a
successful credit history that she has committed to so that I may establish whether she has the ability
to repay the financial responsibilities that she incurs.

Credit Investigation: I shall need proof of income bearing Mrs. Aileen G. Bautista’s name to verify
whether she has the financial ability to repay the financial commitments she desires to incur to my
bank so that I can be confident that she will be able to pay for her credits.

2. Based on your interview with the borrower, make a credit rating, credit report & credit score of
your chosen borrower, and state reasons for your statements.

The Credit Approval Process

Credit Rating: the creditor’s evaluation of a person’s willingness and ability to pay debts.

Based on Mrs. Aileen G. Bautista’s responses and information, I believe she has the financial means to
pay the financial obligations she requested from my bank.

Credit Report: A history or record of a person’s financial and credit practices.

According to the documentation provided by Mrs. Aileen G. Bautista for her credit history, she is a
good payer because on October 22, 2020, she borrowed money from Union Bank to start her poultry
business, and she paid it back after five months after signing a one-year payment contract. She gives
them a loan of Php 25, 000.00 on October 22, 2020, to buy their service vehicle so that they may
provide delivery to their customers, and they pay it back on February 13, 2021, with a one-year
contract.

Credit Score: numerical expression of a person’s creditworthiness (based on credit report) high-risk
borrowers, ok to good, excellent.
Ms. Christine Mendoza got an 813-credit score, which indicates that she was an excellent borrower.

3. Make your final Credit Decisions to the Borrower

As the lender, I have decided to give Mrs. Bautista the Loan amounted to Php. 100,000.00 with the
term 5 years from Laur Bank.

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