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DEMAND LETTER

January 12, 2023

SHENNA C. MILLARES
Blk 6, Lot 1, Bajumpandan
Habitat 4, Dumaguete City
Negros Oriental

Dear Ms. Millares,

I am writing you this letter in reference to the non-payment of your outstanding obligation
amounting to ONE HUNDRED THOUSAND TWO HUNDRED TWENTY-FIVE AND
TWELVE HUNDREDTHS PESOS ONLY including additional interest and penalty computed
until January 12, 2023.

Your total unpaid obligations and accrued legal interest are computed as follows:

Loan date: January 18, 2022 Maturity Date: November 14, 2022
Principal Loan Balance ₱89,200.00
Accrued Interest ₱11,025.12
Total: ₱ 100,225.12

In view of the above, please settle your loans immediately from receipt of this demand letter.
Otherwise, I will be compelled to pursue appropriate legal actions.

Thank you in advance for your prompt attention to this matter. I look forward to hearing from
you.

Received by: Baby Q. Chiong


CEO/MANAGER

SHENNA C. MILLARES 32 San Juan Street,


Date: __________________ Barangay 5, Dumaguete
City Negros Oriental 6200
Tel. No: (035)541-1585
Cell. No: 0998-135-5017

DEMAND LETTER
January 12, 2023

ESTRELLA MILLARES
Bajumpandan, Habitat 4,
Dumaguete City, Negros Oriental,

Dear Ms. Millares,

I am writing you this letter in reference to the non-payment of your outstanding obligation
amounting to THIRTY-FOUR THOUSAND THREE HUNDRED EIGHTY-THREE AND
THIRTY-EIGHT HUNDREDTHS PESOS ONLY including additional interest and penalty
computed until January 12, 2023.

Your total unpaid obligations and accrued legal interest are computed as follows:

Loan date: October 11, 2022 Maturity Date: November 10, 2022
Principal Loan Balance ₱31,836.47
Accrued Interest ₱2,547.91
Total: ₱ 34,383.38

In view of the above, please settle your loans immediately from receipt of this demand letter.
Otherwise, I will be compelled to pursue appropriate legal actions.

Thank you in advance for your prompt attention to this matter. I look forward to hearing from
you.

Received by: Baby Q. Chiong


CEO/MANAGER

ESTRELLA MILLARES 32 San Juan Street,


Date: __________________ Barangay 5, Dumaguete
City Negros Oriental 6200
Tel. No: (035)541-1585
Cell. No: 0998-135-5017

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