Promissory Note (personal loan)
Lending to an employee, a partner or a friend? Put it in writing: interest is due only if it is stipulated in writing. The note updates as you type; download the PDF, sign it and, ideally, have it notarized.
The document is drafted in English, the language commonly used for legal documents in the Philippines. Everyone who signs must understand it: have it explained in his or her language before signing.
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