UBUNTU GOAT - LOAN AGREEMENT

General Conditions

This Loan Agreement (called the Agreement) is entered into effect, by and between

• the person or persons holding legal title of a goat (called the Lender) and
• the person or persons receiving and accepting this loan agreement, (called the Borrower),

collectively called, the Parties.

This Agreement concerns the General Terms and Conditions.

Loan Object

The Borrower agrees to receive one or several goats on loan of female gender (called Goat on Loan or Goats on Loan)

Obligations of the Borrower

The borrower agrees to the following obligations (called the Obligations)

•  He will take good care of the health and wellbeing of the Goats on Loan.

•  Whenever a Goat on Loan is pregnant, this Borrower must inform the Lender within 3 months.

•  Whenever a Goat on Loan gives birth to a new born goat, the Borrower must inform the Lender within 2 weeks.

•  If the new born goat is a nanny goat, this goat automatically becomes a new Goat on Loan. The Borrower then has the choice to either keep this Goat on Loan under his care or return it to the Lender within 4 to 6 months of its birth. If the Borrower chooses to return a nanny Goat on Loan, he will receive a compensation for each nanny Goat on Loan being returned. At the time of writing (2024), the amount of this compensation, is 3000 Dalasi.

•  If the new born goat is a billy goat, this goat has to be returned to the Lender within 4 to 6 months of its birth. The billy goats are returned without compensation. If, for any reason, a newborn billy goat cannot be returned to the Lender, this goat will be replaced by the last nanny Goat on Loan being born.

Rjghts of the Borrower

The Vorower has the rigth to use the milk that the Goat on Loan produces, for himself or others, or use it to make cheese, yogurt, butter for himself or others.

Term

The Loan Term is for as long as there are Goats on Loan in the care of the Borrower.

If any Obligation is not honored by the Borrower, the Lender has the right to terminate the Agreement with immidiate effect and recollect the Goats on Loan without prior notice and lend it to someone else.

At the time of transfer of a Goat on Loan, the Borrower will be notified in a separate document of the details of the Lender, the Goat's identification number and the date of the transfer. The Agreement will enter into force as soon as these additional details are communicated and the Goat on Loan has been transferred.

Legal and Binding Agreement

This Agreement is legal and binding between the Parties as stated above. This Agreement may be entered into and is legal in the whole of Africa, Asia and Latin America . The Parties each represent that they have the authority to enter into this Agreement.

Governing Law

This Agreement shall be construed in accordance with the laws of the country where the Lender resides as a citizen.

Entire Agreement

The Parties acknowledge and agree that this Agreement represents the entire agreement between the Parties. In the event that the Parties desire to change, add, or otherwise modify any terms, they shall do so in writing to be signed by both parties.

The Parties agree to the terms and conditions set forth above.