Sample Demand Letter for Repayment of Loan in Kenya

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Number of Pages: 1

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Summary

A Demand for Repayment of Loan is a formal letter/communication sent by a lender to a borrower, requesting the immediate repayment of a loan that is overdue.

It contains the following information:
1. Sender's Information
2. Borrower's Information
3. Date
4. Subject Line
5. Reference to Loan Agreement
6. Details of the Loan
7. Statement of Non-Payment
8. Request for Immediate Repayment
9. Consequences of Non-Compliance
10. Closing Remarks
11. Sender's signature.

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Disclaimer: This document is not to be taken as legal advise.

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