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PART A: Borrowers Obligations:

1. The borrower (s), as herein, hereby agrees under contract to borrow the principle loan sum of K ____________________which is to be repaid over _____________ fortnightly/monthly instalments of K ___________. First loan repayment will commence on or about the ______ day of ______20____ until such time that the loan amount inclusive of principle, interest and any fees are repaid in full.2. The Borrower agrees to meet instalments on the due dates and in the manner prescribed within this contract and meet the associated application fee.3. The borrower is to immediately advise TCF of any changes in residential address or employment.4. Should the borrower resign from, or be terminated by their employer, any entitlements with their employer shall, in the first instance, be directed to TCF to meet associated debt obligations.

PART B: Interest Rate:

5. Interest will be calculated daily at the rate of___________percent per annum. The interest rate is variable by the lender in its absolute discretion by thirty (30) days notice in writing.

PART C: Default:

6. An act of default will be deemed to have taken place under the following circumstances: a) The borrower fails to repay any component of principle or interest within five (5) days of the loan repayment due date. b) The borrower provides false or misleading information or data in relation to this agreement. c) The borrower becomes insolvent or is declared bankrupt. d) The borrower commits to new 3rd party loans without the prior written knowledge or consent of TCF.7. Should the borrower suffer an act of default, as defined above, all monies owing to TCF become due and payable on demand.8. On all monies including principle loan sum, default interest will be charged at a flat rate of an additional 1.0% per fortnight (or 26% per annum) on each and every fortnightly/ monthly instalment including associated enforcement expenses as set out below until the loan is no longer in arrears.9. As per clause 8 above the borrower may incur enforcement expenses should the loan fall into default as defined under Clause 6 sub clause a), b) c) or d) Such expenses and costs include associated expenses reasonably incurred by TCF when exercising its right of enforcment and/or all other expenses and damages incurred by TCF as a direct or indirect result of your breaching this contract.10. Such expenses, as referred to above, may be added to your exisiting loan balance at any time and at the discretion of TCF. Accordingly, the loan balance becomes due and payable on demand.

PART D: Credit information - Authority to obtain and provide personal, financial and credit information

11. The undersigned borrower authorizes TCF to: a) Obtain a credit report containing personal financial & credit information in relation to the undersigned from a Credit Agency; b) Utilize the credit report to assist in the assesment of any loan or credit application by the borrower; c) Exchange personal financial and credit information in relation to the undersigned borrower with other credit providers including details of loans obtained from TCF; and d) Inform a Credit Reporting Agency of any default in repayment of the credit provided to the undersigned borrower (s).

PART E: Loan Protection Insurance (LPI) and Consumer Loan Protection Insurance (CLPI).

12. LPI: a) Covers the borrower or insured person in the event of death (subject to policy conditions/exclusions). b) Is under written by Capital Insurance Group (CIG); c) In the event of death CIG will pay the loan obligation outstanding balance at the date of death (less any repayments overdue for more than two months); d) The premium is calculated at a rate of 0.09% per annum and is charged against the outstanding loan balance at the end of every month. e) Minimum age limit is 18 years and maximum age limit is 65 years. f) Covers loan balances of between K1,000 to K45,000.

13. CLPI: a) Covers the borrower or insured person in the event of death (subject to policy conditions/exclusions). b) Is under written by Capital Insurance Group (CIG); c) In the event of death, CIG will pay the loan obligation outstanding balance at the date of death (less any repayments overdue for more than two months); d) The full premium, the calculation of which is based on the loan amount and term, is payable in advance and added to the principle loan balance. e) Minimum age limit is 18 years and maximum age limit is 65 years. f) Cover loan balances of between K45,000 and K100,000. g) Customer is to complete a one page application.

PART F: Indemnity by Borrower:

14. It is acknowledged that the borrower certifies that the information contained within this agreement is true and correct in every oarticular.

PART G: Borrowers Acknowledgement:

15. I/We_______________________________________________________________________________________________________________________________________ of_________________________________________________________________________________ (address) the borrower (is) hereby confirms and acknowledges the following: a) That I/We have fully read and understood the terms and conditions of this contract as set out above; and b) Acknowledge that by signing this contract I/We are legally bound by the said terms and conditions therein. Executed by the said parties on the______________day of ______________________________________20________.

___________________________________________________ ____________________________________________________. Borrower 1 Borrower 2/ Guarantor

Signed for and on Behalf of TCFL by its duly authorised officer

______________________________________________________Name______________________________________________________

Date_______/_________/___________

LOAN AGREEMENT / TERMS AND CONDITIONS