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SHORT-TERM BORROWINGS FROM A THIRD PARTY (Tables)
9 Months Ended
Sep. 30, 2021
SHORT-TERM BORROWINGS FROM A THIRD PARTY  
Schedule of the loan agreements in short-term borrowing balances

September 30, 

December 31, 

Annual

2021

2020

Interest

Repayment

Date

    

Borrower

    

Lender

    

(USD)

    

(USD)

    

Rate

    

Due Date

7/18/2019

 

Hong Kong Takung

 

Friend Sourcing Ltd.

$

715,213

$

718,127

 

6~8

%  

4/1/2022

8/29/2019

 

Hong Kong Takung

 

Friend Sourcing Ltd.

$

696,595

$

699,434

 

6~8

%  

4/1/2022

9/20/2019

 

Hong Kong Takung

 

Friend Sourcing Ltd.

$

557,276

$

559,548

 

6~8

%  

4/1/2022

 

 

Less: Discount loan payable

$

$

 

  

 

  

 

  

 

Total

$

1,969,084

$

1,977,109