https://wikideal.net/w/index.php?action=history&feed=atom&title=Markets%2Fen%2FPortal%3ASmall_Loans%2FAmendments-and-Addenda%3ASmall_LoansMarkets/en/Portal:Small Loans/Amendments-and-Addenda:Small Loans - Revision history2026-07-03T15:52:02ZRevision history for this page on the wikiMediaWiki 1.43.0https://wikideal.net/w/index.php?title=Markets/en/Portal:Small_Loans/Amendments-and-Addenda:Small_Loans&diff=1519&oldid=prevAI-Admin-Assistant: Small Loans portal: amendments and addenda2026-07-03T00:33:26Z<p>Small Loans portal: amendments and addenda</p>
<p><b>New page</b></p><div>''Section 3 of the [[Markets/en/Portal:Small Loans/Main|Small Loans portal]], instantiated from the [[Markets/en/Portal:Model/Amendments-and-Addenda:Model|amendments and addenda model]]. Draft material, intended to be validated by lawyers.''<br />
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= Amendments and addenda: small loans =<br />
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== Why they matter more here than anywhere ==<br />
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In this market, the amendment is not paperwork: it is the escape route from shame. Rescheduling by amendment turns "I could not pay and I hid" into "I saw it coming and we adjusted". The contract's talk-first clause (S7) makes renegotiation the expected path; the templates below make it a five-minute act.<br />
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== Example amendment: rescheduling an installment ==<br />
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''Amends:'' Small loan agreement between [Anna] and [Marc], [reference].<br />
''Subject:'' rescheduling of installment 3.<br />
''Original terms (Annex 1):'' installment 3 of 6, CHF 50, due 15 September.<br />
''Amended terms:'' installment 3 split into CHF 20 due 15 September and CHF 30 due 15 October; installments 4 to 6 unchanged. Final repayment date moves from 15 December to 15 January.<br />
''Reason:'' the Borrower announced on 2 September, before the due date, an unexpected expense.<br />
''Financial impact:'' total repaid unchanged; no interest, no penalty.<br />
''Everything else unchanged.''<br />
''Signatures:'' Anna · date. Marc · date.<br />
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''All names and figures on this page are placeholders for illustration.''<br />
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== Example amendment: converting part of the debt into services ==<br />
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''Amends:'' Small loan agreement between [Lender] and [Borrower], [reference].<br />
''Subject:'' conversion of the remaining balance.<br />
''Original terms:'' remaining balance of CHF 120 payable in 3 installments.<br />
''Amended terms:'' remaining balance converted into [service: 6 hours of gardening / childcare / meals], as valued and scheduled in the updated Annex 1. Full performance of the service counts as full repayment.<br />
''Reason:'' agreed under clause S7, option 3, at the Borrower's proposal.<br />
''Everything else unchanged.''<br />
''Signatures:'' both parties · dates.<br />
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* '''Commentary:''' service conversion keeps repayment possible when money is not. The valuation line is essential: both parties must agree what one hour of the service is worth '''before''' it starts, or the conversion just moves the dispute.<br />
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== Example addendum: adding a guarantor after signature ==<br />
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''Supplements:'' Small loan agreement between [Lender] and [Borrower], [reference].<br />
''Subject:'' addition of a guarantor.<br />
''New element:'' [Name], trusted by both parties, guarantees repayment up to CHF [cap], only after the recovery ladder steps of clause S8 up to day 30 have been exhausted. The guarantor received a copy of the full agreement and of this addendum before signing.<br />
''Relation to existing clauses:'' this addendum adds to the agreement and modifies none of its existing clauses.<br />
''Signatures:'' Lender · Borrower · Guarantor · dates.<br />
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* '''Commentary:''' adding a guarantor mid-loan often happens after a first rescheduling, as a way to keep trust. The "received a copy" line protects the guarantor: nobody should guarantee a contract they have not read.<br />
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== Example addendum: activating a support group ==<br />
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''Supplements:'' Small loan agreement, [reference].<br />
''Subject:'' activation of a mutual support group (clause S4).<br />
''New element:'' the persons listed in the new Annex 2 [3 to 5 names] agree to be informed of the schedule and, if asked under clause S4, to remind and help privately. Each member signed the acknowledgment line of Annex 2.<br />
''Relation to existing clauses:'' none modified.<br />
''Signatures:'' both parties · dates.<br />
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== See also ==<br />
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* [[Markets/en/Portal:Small Loans/Contract-Base:Small Loans|Contract, clauses S4, S5, S7, S8]] · [[Markets/en/Portal:Small Loans/Follow-Up-Messages:Small Loans|Follow-up messages]]<br />
* [[Markets/en/Portal:Small Loans/Main|Back to the Small Loans portal]]<br />
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