Effective from October 1, 2021

At CaixaNG, we are aware that you trust us with sensitive information as we process your loan request. We understand this responsibility and work assiduously to ensure we protect information made available to us in the course of your loan application. This Privacy Policy assists you to understand the nature of information we collect, how it is used and how you can update, manage, export and delete your information.

OBLIGATIONS AS A DATA COLLECTOR

In accordance with the provisions of Regulation 2.5 of the Nigeria Data Protection Regulation 2019 (NDPR), we hereby make available to you our privacy policy in its simplest form.

By proceeding to fill the loan application form, it shall be deemed that you have consented to the terms and conditions herein. Please note that personal information as well as supporting documents required to be submitted in our application is collected solely for the purpose of evaluating your eligibility for the loan facility applied for.

Please note that your information as provided by you is automatically infused into our system and shall only be available to authorized person for purpose of evaluating your eligibility for the said facility and other legally cognizable third parties as permitted by law.

GOVERNING PRINCIPLES OF DATA PROCESSING

1. In addition to the procedures laid down in the extant Regulation or any other instrument for the time being in force, Personal Data shall be:
   1. collected and processed in accordance with specific, legitimate and lawful purpose consented to by the Data Subject; provided that:
      1. further processing may be done only for verification, archiving, scientific research, historical research or statistical purposes for public interest;
      2. CaixaNG shall not transfer any Personal Data so provided to any person without first obtaining the consent of the Disclosing Party;
   2. adequate, accurate and without prejudice to the dignity of human person;
   3. stored only for the period within which it is reasonably needed, and
   4. secured against all foreseeable hazards and breaches such as theft, cyberattack, viral attack, dissemination, manipulations of any kind, damage by rain, fire or exposure to other natural elements.
2. CaixaNG owes a duty of care to the said Data Subject;
3. CaixaNG shall be accountable for its acts and omissions in respect of data processing.

LAWFUL PROCESSING

Without prejudice, processing shall be lawful if at least one of the following applies:

1. the Applicant has given consent to the processing of his or her Personal Data for the purpose of evaluating and processing the loan facility applied for;
2. processing is necessary for the performance of the contract to which the Applicant is party or in order to take steps at the request of the Data Subject prior to entering into a contract;
3. processing is necessary for compliance with a legal obligation to which CaixaNG is subject either from its regulators or any law enforcement agency within and outside Nigeria;
4. processing is necessary in order to protect the vital interests of the Applicant or of another natural person, and
5. processing is necessary for the performance of a task carried out in the public interest or in exercise of official public mandate vested in CaixaNG;

Contact

If there are any questions regarding this privacy policy, you may contact us at engage@caixang.com