IOU for South Africa
IOU for South Africa (I OWE YOU)
Date:
1st September 2050
From (Borrower):
Name: [YOUR NAME]
Address: 789 Maple Street, Durban, South Africa
Contact Information: (031) 456-7890
To (Lender):
Name: Sarah Brown
Address: 321 Birch Road, Pretoria, South Africa
Contact Information: (012) 678-5432
Amount Owed:
R8,500.00
Description:
This IOU acknowledges that [YOUR NAME] has borrowed R8,500.00 from Sarah Brown. The amount is for personal expenses.
Repayment Terms:
-
Repayment Date: 1st June 2051
-
Interest Rate: 5% per annum
-
Repayment Method: Bank Transfer to Sarah Brown’s account or in cash upon agreement.
Signatures:
[YOUR NAME]
Borrower
Date: 1st September 2050
Sarah Brown
Lender
Date: 1st September 2050
