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Ni-Vanuatu Microfinance Scheme v Hack [2009] VUSC 148; Civil Case 03 of 2006 (12 November 2009)

IN THE SUPREME COURT OF
THE REPUBLIC OF VANUATU
(Civil Jurisdiction)

Civil Case No. 03 of 2006

BETWEEN:

NI-VANUATU MICROFINANCE SCHEME
Claimant

Daniel K Yawha
PACIFIC LAWYERS
Barristers & Solicitors
P.O. Box 1005
Radio Vanuatu
Port Vila
Republic of Vanuatu

Claimant's Lawyer

AND:

GRAHAM HACK
Defendant

CONSENT ORDER

Both parties hereby consent as follows:

1. That the Defendant has agreed to pay the Claimant the principle amount of VT 2,200,000 inclusive of cost.

2. The Defendant shall repay his loan to the Claimant upon these following arrangements.

Particulars

Principle to be repaid	VT 2,200,000
VT 50,000 per month for 12 months Total	VT 600,000
1^st Payment December 2009 and each following month until November 2010.
VT100,000 per month for 16 months Total	VT 1,600,000
Payment to commence December 2010.
TOTAL	VT 2,200,000

DATED AT LUGANVILLE THIS 12^th DAY OF NOVEMBER 2009

BY ORDER OF THE COURT

OLIVER A. SAKSAK
Judge

Mr. Daniel K. Yawha
(Solicitor for the Claimant)

Mr. Graham Hack
(Defendant )

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