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Menter tir Cymunedol

Community Land Initiative

Interest Free Loan Agreement
THIS AGREEMENT is made on the ………………………… of ……………………………………………………………
BETWEEN
(1) Lenders Full Name: ………………………………………………………………………………………………
Lenders Full Address: ………………………………………………………………………………………………..
…………………………………………………………………………………………………………………………………..
…………………………………………………………………………………………………………………………………..
Post Code: …………………………………………………………………………………………………………………
Contact Telephone No: ……………………………………………………………………………………………..
Email Address: …………………………………………………………………………………………………………..
(2) Menter Y Felin Uchaf Cyf, of the Felin Uchaf Centre, Rhoshirwaun Pwllheli, Gwynedd LL53
8HS (‘the Company’ – A company limited by guarantee and Registered Charity, Reg. No.
1120510)
WHEREBY IT IS AGREED as follows:
1.

The lender shall lend to the Company the sum of £ ………………………………………………… (‘the Loan’ for
a minimum of £100) for a period of expiring 5 years to the day of the date of this agreement (‘the
Repayment Date’).

2.

In consideration