LOAN AGREEMENT

This Agreement is entered into this ___ 22________ of ______6_________ 2019, by and between:

UPeso ("Lender"), a company existing under and by virtue of the laws of the Philippines, with business address at Macapagal ave. cor. Aseana ave., Aseana City, Parañaque
City

- and –

“Monaliza Belamide”("Borrower") with address “ LagunaPilaBulilan Sur (Pob.)Diversion road national highway”

WITNESSETH; THAT WHEREAS, the Lender agree to lend the borrower subject to the terms and conditions hereinafter set forth;

1. Loan availment. The Lender hereby extends to the Borrower a Loan in the principal amount of PESOS (PHP 4000.00) in the following manner:
1. Interest rate: 0.200% per day
2. Service charge : 1.036% per day:
3. Payment Due: PhP 5950.00 inclusive of interest
4. Maturity Date: 28 days from date of loan disbursement
1.1 Loan disbursement may take a period of up to five (5) days from date of this Agreement. Borrower will be notified via SMS to his/ her registered cellphone number
once the loan is disbursed.
1.2 Cash disbursement to the Borrower shall either be through online bank transfer or offline cash pick-up. In case of offline cash pick up, a transaction fee of Php 250.00
shall be charged to the borrower;
1.3 The Borrower, before the release of the approved loan, the service charges shall be deducted in the loan approved.
2. Extensions/ Renewals. No extension or renewal of this Loan Agreement shall be valid and binding unless approved in writing by the authorized officer/s of the Lender and
as agreed to by the Borrower in accordance with the policies of the Lender.
3. Eligibility Criteria. The release of the proceeds of this loan shall be subject to approval based on Lender's verification of Borrower's identity and information. Should the
release of such loan proceeds be disapproved, the Lender shall so inform the Borrower through a Notice of Denial, but the Lender has no obligation to furnish the reason
for the rejection. In such event, this Loan Agreement shall be deemed to be automatically cancelled without need of further notice, other than the Notice of Denial earlier
furnished to the Borrower.
4. Loan disbursement. The Lender shall not be responsible for any loan disbursed to wrong bank account due to erroneous inputs made by the Borrower. The Lender shall
also not be held liable should there be any delays or problems in loan disbursement due to issues of third parties which the Borrower has chosen for loan release method.
5. Application of Payment. Any and all payments made by the Borrower shall be applied on the following items in the order they are listed:
i. Any stamp duty or other charges permitted by law
ii. In payment of enforcement expenses
iii. Late payment penalties
iv. Past due unpaid items from the oldest due date to the latest in the following order of items:
v. Fees
vi. Interest
vii. Principal
6. Default. Upon the happening of any of the following events, the Lender may, at its option, accelerate maturity of this Loan and the entire outstanding amount of this Loan
shall automatically become due and payable without demand or notice:
i. The Borrower violates any of the terms and conditions of this Loan Agreement;
ii. Any interest or installment is not paid on due date;
iii. The Borrower is in default in respect of any other obligation with the Lender or its subsidiaries, which obligation(s) may now be existing or may subsequently be granted
to the Borrower by the Lender or its subsidiaries/ affiliates;
iv. The Borrower violates the terms and conditions of any contract with any other banks, persons, corporations or entities, for the payment of borrowed money, or any other
events of default in such contracts should occur;
v. Any creditor, by legal process, attempts to or shall attach or levy on the Borrower's money or any property in the possession or custody of the Lender;
vi. The Borrower applies for voluntary relief or is made subject to proceedings under bankruptcy or insolvency laws;
vii. The Borrower dies;
viii. In case of conviction for a criminal offense with final judgment carrying with it the penalty of civil interdiction affecting the Borrower or any of the Borrower's
properties;
ix. Upon the occurrence of any act or event which in the Lender's opinion, results in the impairment of the financial capacity of the Borrower; or
x. The Lender believes on reasonable ground that it was induced by fraudulent misrepresentation of the Borrower to approve the loan application.
7. Effects of Default. Upon the Borrower's default as herein defined, his account shall be considered a "delinquent account" for purposes of the late payment charges under
Section 8 hereof and the Lender is hereby authorized, at its option, to disallow any further loan applications. The amount certified by the Lender as the amount outstanding
shall be prima facie evidence of the amount due as at the date thereof. The Lender reserves the right to endorse the account to a collection agency of its choosing in the
event of default.
8. Late Payment Charges. If the Borrower's account is delinquent, a late payment charge of 3% of loan amount per day shall be added to the outstanding balance from due
date thereof until fully paid.
9. Change of Address. The Borrower undertakes to inform the Lender in writing within five (5) days from any change in his/ her residence address from the one stated in this
Loan Agreement. Should he/ she fail to do so, the entire balance of the loan obligation including any interest, penalty or charge shall be immediately demandable by the
Lender without need of further demand.
10. Right of Offset. The Borrower hereby authorizes the Lender upon his default, to apply in payment of his obligations under this Loan Agreement, any and all of my monies
or properties of any kind whatsoever which, for any reason, are presently or may hereafter come into the possession of the Lender. This is without prejudice to the Lender's
right to pursue and exercise alternatively, concurrently and cumulatively all other rights and remedies now or hereafter available to it under the other credit instruments and
the applicable laws.
11. Collection/Attorney's fees. In case of delinquency or default and a legal proceeding to recover any unpaid obligation under this Loan Agreement is commenced, the
Borrower agrees to pay, as and for attorney's fees, a sum equivalent to twenty percent (20%) of the total amount due under this Loan Agreement but in no case less than
TEN THOUSAND PESOS (PhP 10,000), plus expenses and costs of collection, in case this Loan Agreement is placed in the hands of an attorney for collection.
12. Waivers. The Borrower waives in advance his right to make application of payment under Art. 1252 of the Civil Code of the Philippines (RA No. 386), especially in the
case where the Borrower has more than one obligation in favor of the Lender, regardless of the source and nature of the said obligations.

The Borrower hereby willingly, voluntarily, and with full knowledge of his right under the law, waives the right to confidentiality of information and authorize the Lender
to disclose, divulge and reveal any such information relating to Borrower's loan availment, including events of default, for the purpose of, among others, client evaluation,
credit reporting or verification and recovery of the obligation due and payable to the Lender under the terms and conditions of this Loan Agreement.

In view of the foregoing, the Lender may disclose, divulge and reveal the aforementioned information to third parties, including but not limited to the Borrower's employer,
credit bureaus, the Lender's affiliates, subsidiaries, agents, service providers, as well as any prospective assignee or transferee, rating agency, insurer, and any such person,
entity or regulatory body that may be required by law or competent authority.

The Borrower holds the Lender free and harmless from any and all liabilities, claims and demands of whatever kind or nature in connection with or arising from the
aforementioned disclosure or reporting.

13.
13. No Implied Waivers. No failure or delay on the part of the Lender in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or
partial exercise of any other right or power hereunder. No modification or waiver or any provision of the Credit Instruments and no consent to any departure therefrom by
the Borrower, shall in any event be effective unless the same be in writing, and then such waiver or consent shall be effective only in the specific instance and for the
purpose for which given. No notice to or demand in similar or other circumstances.
14. Data Privacy. The Borrower hereby acknowledges, agrees, and consents that the Lender or its authorized officer/s may collect, store, process and dispose data about the
Borrower. Any information and data received from the Borrower by the Lender may be used and utilized by the Lender, either directly or indirectly in the performance of
the terms under this Agreement. The Lender shall take reasonable precautions to preserve the integrity and prevent any corruption or loss, damage or destruction of the said
data of the Borrower.

The Lender hereby reserves the right to have the data collected from the Borrower to be stored for as long as the any of the purposes for which it was collected that have
been consented to, still exists and until the storage of said information no longer needed for any other legal, regulatory or business purposes.

The Lender hereby agrees to comply and use adequate safeguards and standards in accordance with the Data Privacy Act of 2012, and its Implementing Rules and
Regulations.

15. Lender’s Terms and Conditions. The Lender’s Terms and Conditions shall become part of this Agreement by way of incorporation and shall govern such other terms and
condition of this Agreement;
16. Collection. The Lender may secure a third party collection agent in cases where the Borrower fails or refuse to pay the obligation in accordance with the Agreement. The
Borrower hereby consents the Lender to provide information to such third person as may be necessary for the collection of such obligation;

The Borrower holds the Lender free and harmless from any liability that may arise under this Paragraph.

17. Confidentiality. Both parties shall treat this Agreement and any information received in confidence under this Agreement strictly confidential and shall not divulge the
same to other person, unless authorized under this Agreement. Violation of this agreement may hold the party liable for damages.
18. Separability Clause. If any of these provisions are declared invalid or illegal, such invalidity or illegality shall not in any way affect the remaining provisions hereof or any
vested right which may have already accrued in favor of the Lender.
19. Taxes, etc. Any and all taxes, charges, or assessments of whatever kind or nature to which this Loan Agreement, at any time or in the future may be subject, shall be for the
sole and exclusive account of the Borrower.
20. Right to Assign. The Lender may assign, transfer and convey any or all of its rights and interest over this Loan Agreement and the Collateral, if any, without the consent of
the Borrower.
21. Book Records as Evidence. The books of the Lender shall be final and conclusive evidence concerning the amount due and owing to it from the Borrower under this Loan
Agreement, in the absence of manifest error.
22. Venue. Any court action arising under or by virtue of this Loan Agreement shall be instituted in the proper court of Manila City, to the exclusion of all other courts. By his/
her signature hereunder, the Borrower irrevocably submits to such venue.

ACKNOWLEDGMENT

I have read and agree to bind myself to these terms and conditions governing my loan availment from UPeso.

I hereby certify that all information herein are true and correct based on my own knowledge and further authorize UPeso to obtain information as it may require concerning
my application and agree that it shall remain UPeso property whether my application is approved or not.

If the information above is different from the information on record with UPeso before the execution of this agreement, I hereby authorize UPeso to update its existing records
with the information stated in this agreement. I am likewise obligated to immediately report any intended changes in my home, office phone numbers and mobile phone
numbers.

On this 2019-06-22

Digitally signed by Monaliza Belamide

via OTP sent to phone number 9503700143

UPESO

(Creditor)

1 The Service charge includes but not limited to the following:

a. Account management fee:
b. loan application verification fee;
c. Technical support fee.

DISCLOSURE STATEMENT ON LOAN/CREDIT TRANSACTION

(As Required under R.A 3765, TRUTH IN LENDING ACT)

NAME OF BORROWER: Monaliza Belamide

ADDRESS: LagunaPilaBulilan Sur (Pob.)Diversion road national highway

1. LOAN AMOUNT: PHP 5634.00

2. FINANCE CHARGES:

a. Interest rate:5.600% per monthPHP 316.00 b. Service charges: PHP 1634

3. NET RECEIVABLE AMOUNT: PHP 5950.00

4. SCHEDULE OF PAYMENTS:

a. Single payment due 28 days from date of loan disbursement: PHP 5950.00 b. Installment

Payments: N/A
5. EFFECTIVE INTEREST RATE PER MONTH (Interest and Other Charges): 34.608%

6. CONDITIONAL CHARGES THAT MAY BE IMPOSED (if applicable):

a. Late charge: 3% per day until fully paid

I ACKNOWLEDGE THAT I HAVE READ THIS STATEMENT PRIOR TO SUBMITTING MY LOAN APPLICATION AND THAT I UNDERSTAND AND FULLY
AGREE TO ITS TERMS AND CONDITIONS.

Monaliza Belamide via OTP sent to phone number 9503700143

Digital signature

2019-06-22