When a friend or family member asks for a loan, it's natural to want to help. But what happens when they don't pay you back? A recent TikTok story highlighted the importance of having a loan agreement in writing and witnessed by an advocate. In this post, we'll explain why this matters and how Immani offers a faster, simpler alternative for lenders in Kenya. Why this happens: When lending money to someone you know, it's easy to assume that a verbal agreement is enough. But when the borrower defaults, the lender is left with little recourse. A written loan agreement witnessed by an advocate provides a clear record of the terms and can help prevent disputes. How the relevant platform works in this specific context: Immani Legal AI provides a free, online platform for drafting and reviewing loan agreements. With Immani Legal AI, lenders can create a legally binding agreement that outlines the terms of the loan, including the amount, interest rate, and repayment schedule. This can help prevent misunderstandings and provide a clear record of the agreement. What happens next, concretely:

1. Draft a loan agreement: Use Immani Legal AI to create a loan agreement that outlines the terms of the loan.
2. Witness the agreement: Have an advocate witness the agreement to provide an added layer of protection.
3. File the agreement: Keep a copy of the agreement in a safe place, such as a secure online storage service. A one-line trustworthiness disclaimer: "Immani and Immani Legal AI are not law firms and do not provide legal advice. This post is general information, not legal advice for your specific situation. For complex cases, consult a qualified advocate."