September 10, 2007
Ms. Susan R. Cruz
General Accountant
ABC-XYZ Group of Companies
Dear Ms. Cruz:
I would like request for a loan of Php230,000.00 to be repaid with a deduction from my salary each month. I will repay the loan within 12 months. I will use the money to renovate our house.
We are planning to change the roof of our house since it is full of rust. The contractor told me that we have to prepare Php230,000 for the roof change.
The loan will be repaid with installment that can be deducted from my salary every month until the loan with interest is repaid.
I hope for your consideration regarding this matter.
Sincerely yours,
Michael D. Zumba