The Company purchased motor vehicles under a finance lease agreement with the effective interest rate 5.99% of per annum due through January 2023, with principal and interest payable monthly. The obligation under the finance lease is as follows:

	As of
	June 30, 2020			December 31, 2019
Finance lease	$	61,386		$	69,863
Less: interest expense		(3,704	)		(4,576	)
Net present value of finance lease	$	57,682		$	65,287

Current portion	$	19,316		$	20,201
Non-current portion		38,366			45,086
Total	$	57,682		$	65,287