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Loans Payable to Financial Insitutions (Tables)

12 Months Ended

Dec. 31, 2023

Loans Payable to Financial Institutions [Abstract]

Schedule of Loans Payable to Financial Institutions

Loans payable to financial institutions consist of the followings:

December 31,		2023				2022
Loan agreement with principal amount of $140,954 and repayment rate of 20.5% for a total of $124,430. The loan payable matures in February 2024			-				50,898
Loan agreements with principal amount of $960,777 and repayment rate of 14.75% to 20.0% for a total of $845,484. The loans payable mature on various dates in 2025.			1,005,442				-
Loan agreement with principal amount of $140,954 with an interest rate of 30.0% per annum with a maturity date on May 31, 2024			121,058				-
Less: current portion			(791,353	)			(44,664	)
Total loan payable, net of current		$	335,147			$	6,234

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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