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NOTE 9 -LOAN PAYABLE: Schedule of Short-term loan payable (Tables)
12 Months Ended
Apr. 30, 2022
Tables/Schedules  
Schedule of Short-term loan payable

 

  

April 30,

2022

April 30,

2021

Loan from Min Wu, an employee of Qufu Shengren, due on October 5, 2022, with an annual interest rate of 10%, renewed on October 6, 2021.

 $ 33,393

$34,019 

Loan from Jianjun Yan, due on October 6, 2022, with an annual interest rate of 10%, renewed on October 7, 2021.

  1,626,763

1,506,610 

Loan from Jianjun Yan, due on March 31, 2022, with annual interest rate of 4%, partially repaid RMB4,500,000 ($702,006). Remaining principal balance and accrued interest renewed on April 19, 2022 for the term of one year.

  134,633

806,711 

Multiple loans from Jianjun Yan, due from May 13, 2022 to August 22, 2022, with annual interest rate of 12%, sign on period from May 14, 2021 to August 23, 2021.

1,490,521

-

Loan from Junzhen Zhang, non-related individual, due on October 5, 2022, with an annual interest rate of 10%, renewed on October 6, 2021.

  29,385

27,215 

Loan from Junzhen Zhang, non-related individual, due on November 30, 2022, with an annual interest rate of 10%, signed on December 1, 2021.

  23,375

21,648 

Multiple loans from Jian Chen, non-related individual, due from May 20, 2022 to November 14, 2022, with an annual interest rate of 12%, signed from May 21, 2021 to November 15, 2021.

  1,066,928

- 

Loan from Qing Kong, non-related individual, due on March 6, 2023, with an annual interest rate of 10%, renewed on March 7, 2022.

  106,522

98,655 

Loan from Qing Kong, non-related individual, due on January 8, 2023, with an annual interest rate of 10%, renewed on January 9, 2022.

  44,445

41,163 

Loan from Guihai Chen, non-related individual, due on March 9, 2023, with an annual interest rate of 10%, renewed on March 10, 2022.

  26,631

24,664 

Loan from Guihai Chen, non-related individual, due on September 20, 2022, with an annual interest rate of 10%, renewed on September 21, 2021.

  40,405

37,421 

Loan from Weifeng Kong, non-related individual, due on November 28, 2022, with an annual interest rate of 10%, renewed on November 29, 2021.

  30,357

30,926 

Loan from Huagui Yong, non-related individual, due on April 8, 2022, with an annual interest rate of 6.3%, renewed on April 9, 2021.

  -

77,316 

Loan from Guohui Zhang, non-related individual, due on January 16, 2022, with an annual interest rate of 4% signed on January 17, 2021.

  254,148

248,956 

Total short-term loan payable

 $ 4,907,506

$2,955,304