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We act as solicitors to Fezotech Nigeria Limited the operators of Kashcash Loan App ("our Client"), on whose instruction we write to you as
follows:
Our Client informed us that pursuant to a loan agreement dated 12-Jan-2024, you took a loan in the sum of NGN 142,268.00 from our Client via its
Kashcash Loan App. According to the loan agreement, your repayment was due on 10-Feb-2024. It is our understanding that our Client has through
various messages and phone calls notified you of your overdue loan.
As of today, your total indebtedness to our Client is NGN 157,834.31 representing the outstanding principal loan, interest and default fee.
In view of the above, we hereby demand the payment of the sum of NGN 157,834.31 within 5 days of your receipt of this notice.
Kindly pay the above sum to our client's account details as follows:
Bank: Sterlingbank
Account Name: MONNIFY / Fezotech-OLU
Account Number: 9361504087
Please note that our Client will deem this dispute as amicably settled against you if the above sum is paid within 5 days. However, in the event of
your failure to make payment of the demanded sum within the specified timeframe, our Client shall take legal action against you to recover the
outstanding indebtedness.
Yours faithfully,
OLUFEMI, M.O
Partner