August 24, 2023

Dear Tita Zeny,

I hope this message finds you well. I want to start by expressing my sincere gratitude for the
relationship we share. Your support and companionship have meant a lot to me over the years.

I find myself in a bit of a financial bind due to some unexpected expenses in our house renovation
that have come up. I have carefully assessed my situation and explored various options, and after
much consideration, I’m reaching out to you to discuss the possibility of borrowing a sum of money.

I want to assure you that I take this matter very seriously, and I fully understand the importance of
maintaining trust and open communication between us. The amount I’m hoping to borrow is one
hundred thousand pesos (P100,000) and I’ve put together a well-thought-out repayment plan to
ensure that I can return the amount to you without any inconvenience.

Repayment Plan:
Loan amount: P100,000
Repayment: 4 years (Depending on monthly amortization)
Frequency: Monthly

I am committed to adhering to this plan and will do everything in my power to make the repayments
promptly. I am more than willing to provide a written agreement outlining the terms and conditions
of the loan, including any interest, if that’s something you prefer.

I understand that this is a significant request, and I want you to know that I greatly appreciate your
consideration. Please take all the time you need to think it over, and if you have any questions or
concerns, I’m here to address them.

Thank you once again for your time and understanding. I look forward to hearing from you
whenever you’re ready.

Warm regards,

CARL KEVIN VAL E. YBAÑEZ

Borrower