Acknowledgment of Debt

Made under the Law of Contract Act (Cap. 23), Laws of Kenya

1. Parties

Creditor Full NameFull Name (person owed money)

Creditor National ID No.ID Number

Creditor AddressEstate, Town, County

Creditor Phone+254 7XX XXX XXX

Debtor Full NameFull Name (person who owes money)

Debtor National ID No.ID Number

Debtor AddressEstate, Town, County

Debtor Phone+254 7XX XXX XXX

2. Acknowledgment

I, Debtor Full Name, holder of National ID No. ID Number, of Estate, Town, County, hereby acknowledge that I owe the sum of:

Amount Owed

KSh XX,XXX

Amount in Words

Kenya Shillings ________ Only

to Creditor Full Name, arising from e.g. a personal loan advanced on DD/MM/YYYY / goods supplied / services rendered.

3. Repayment Commitment

Repayment Methode.g. Lump sum / Monthly instalments

First Payment DateDD/MM/YYYY

Instalment Amount (if applicable)KSh X,XXX per month

Final Payment DateDD/MM/YYYY

Payment To (M-Pesa No. / Account)+254 7XX XXX XXX / Account No.

Interest Rate (if any)None / X% per month

4. Terms

The Debtor acknowledges this debt freely and voluntarily, without duress or undue influence.
If any payment is not made by its due date, the entire remaining balance shall become immediately due and payable.
This acknowledgment shall serve as evidence of the debt for any legal proceedings in Kenya.
This document is governed by the Laws of Kenya.

💡 Tip: For larger debts, consider having this document witnessed and/or stamped by a Commissioner of Oaths for added legal weight. — Kaziiko.co.ke

5. Signatures

DEBTOR (Signature)

Name: Full Name

ID No.: ID Number

Date: DD/MM/YYYY

CREDITOR (Signature)

Name: Full Name

ID No.: ID Number

Date: DD/MM/YYYY

Witness

Witness Full NameFull Name

Witness ID No.ID Number

Witness Signature