Party A: ID number:
Party B: ID number:
In order to protect the legitimate rights and interests of both parties, this agreement is hereby concluded in accordance with the Contract Law of People's Republic of China (PRC) and relevant laws and regulations, and through friendly negotiation, both parties reach an agreement on Party B's borrowing from Party A.. ..
Article 1 Purpose of the loan: Party B uses the funds.
Article 2 The loan amount and term:
1. Loan amount: RMB (in words): ten thousand yuan only.
(in figures): yuan only.
2. Loan Term: The loan term of this contract is (months), starting from (month) and ending on (month).
Article 3 Rights and obligations of both parties:
1. Party A needs to transfer the funds to the account designated by Party B before, and Party B will issue an IOU to Party A according to the actual money received.
2. Party A has the right to inquire about Party B's funds at any time.
3. Party B must use the funds legally to ensure the safety of Party A's funds. When the contract expires, Party B must return the principal of Party A at least RMB10,000 Yuan.
4. Interest agreement:
Article 4 Warranty clause:
Party B's performance of the above terms is guaranteed by the guarantor (ID card:). If Party B fails to repay the loan at maturity, the guarantor will pay all the loans to Party A on behalf of Party B. ..
Article 5 Liability for breach of contract:
1. If Party B fails to use the loan for legal purposes, Party A has the right to recover all the loans.
2. If Party B fails to repay the loan within the time limit, Party A has the right to recover the loan through legal channels.
Article 6 implementation:
If Party B fails to fulfill its due repayment obligations, Party A may apply to the competent people's court for compulsory execution, and Party B waives all rights of appeal and defense.
Article 7 Others:
1. If there are matters not covered in this contract, both parties must make supplementary provisions through consultation, which have the same effect as this contract.
2. This contract is made in triplicate, one for Party A, Party B and the guarantor, each with the same legal effect.
Party A (signature): Party B (signature):
Guarantor (signature):
Date of signature: year month day.