5. LOAN PAYABLE TO OTHER
Loans payable to others consisted of
the following:
| | | March 31, 2026 | | | December 31,
2025 | | | | | | | | | | | June 2023 – Loan agreements with principal amount of $500,000 and repayment rate of 12.0% per annum. The loans payable mature on various dates in 2026 | | $ | 174,026 | | | $ | 184,026 | | | April 2025 - Loan amount of $220,000 with no interest. The loans payable mature in 2026 | | | 95,000 | | | | 95,000 | | | | | | | | | | | | | Total loan payable to others | | $ | 269,026 | | | $ | 279,026 | |
|