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Commercial Loan Agreements: A Technical Guide for ...

Commercial LoanAgreementsA Technical Guide for Microfinance InstitutionsCommercial LoanAgreementsA Technical Guide for Microfinance InstitutionsCommercial LoanAgreementsTechnical GuideThe Consultative Group to Assist the Poor (CGAP) is a global resource center formicrofinance standards, operational tools, training, and advisory services. Our 33members including bilateral, multilateral, and private donors are committed tobuilding more inclusive financial systems for the poor. For more information aboutCCGAP or microfinance, visit LoanAgreementsA Technical Guide for Microfinance InstitutionsConsultative Group to Assist the Poor Prepared for CGAP by Cleary, Gottlieb, Steen & Hamilton, LLP 2006 Consultative Group to Assist the Poor/The World BankAll rights material in this publication is copyrighted.

Loan agreements commonly are evidenced by the signing of a loan agreement, a promissory note, or both. A loan agreement is a contract between the lender and the bor-rower that sets forth the terms and conditions of the loan (including its repayment) and …

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