Personal Loan Proposal Format

Borrower's Information

• Full Name: [Your Name]

• Address: [Your Address]

• Phone Number: [Your Phone Number]

• Email Address: [Your Email]

1. Loan Amount Requested

Amount: $[Amount]

2. Purpose of the Loan

Reason for Loan: [State the specific reason(s) you need the loan. For example: home renovation, medical expenses, education, debt consolidation, etc.]

3. Loan Terms

• Interest Rate: [Interest Rate]%

• Loan Term: [Loan Duration: Months/Years]

• Repayment Frequency: [Monthly, Quarterly, etc.]

• Collateral: [Specify any collateral provided, if applicable.]

4. Borrower’s Financial Information

• Current Employment Status: [Full-time, Part-time, Self-employed, etc.]

• Annual Income: $[Annual Income]

• Other Sources of Income: [Mention any other sources of income, if applicable.]

• Existing Financial Obligations: [List any other debts or financial commitments.]

5. Repayment Plan

Plan for Repayment: [Explain how you plan to repay the loan—e.g., from salary, savings, or other investments.]

Supporting Documents

Documents Attached: [List of supporting documents you include, such as proof of income, identification, bank statements, etc.]

Additional Information

Additional Notes: [Include any other relevant information that may support your application.]

Proposal Templates @ Template.net