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This tutorial demonstrates how to create a personal loan agreement using a fillable form on a website. The agreement includes details such as the effective date, borrower and lender information, payment terms, and loan amount. The process involves selecting the desired format (Adobe PDF, Microsoft Word, or rich text), filling in the necessary fields, and saving the completed agreement. The example provided is for a $10,000 loan between Johnny Appleseed and his wife Nancy Appleseed, with a repayment period of one year.