TERMS AND CONDITIONS (GOLMCS)

Please read these terms and conditions carefully before using any of the services provided by God of Love Multipurpose Cooperative Society Limited (GOLMCS). By using our services, you agree to be bound by these terms and conditions.

1. Membership Membership of GOLMCS is open to individuals, families, and organizations who agree to abide by our values and mission. Membership requires the completion of a membership application form and payment of the applicable membership fees.
2. Savings Accounts GOLMCS offers savings accounts with competitive interest rates to our members. Members can contribute to their savings accounts on a weekly and monthly basis. Withdrawals can be made at any time subject to the terms and conditions of the account.
3. Loans GOLMCS offers various types of loans, including long-term loans, short-term loans, and emergency loans, subject to the eligibility criteria and terms and conditions of each loan type. Loan applications must be submitted with all required documents and information. Loan repayments must be made on schedule, and failure to make repayments may result in penalties and legal action.
4. Investments GOLMCS offers investment opportunities to our members, subject to the eligibility criteria and terms and conditions of each investment type. The returns on investments may vary and are subject to market conditions.
5. Fees and Charges GOLMCS may charge fees and charges for certain services or transactions, including but not limited to loan processing fees, savings account maintenance fees, and investment management fees. The fees and charges are subject to change without prior notice, and the current fees and charges are available on our website or at our office.
6. Confidentiality and Privacy GOLMCS respects the privacy of our members and will only use personal information for the purpose of providing our services. We will not disclose personal information to third parties without prior consent, except as required by law or regulation.
7. Termination of Membership GOLMCS reserves the right to terminate the membership of any member who breaches these terms and conditions or acts in a manner that is detrimental to the society or its members.
8. Amendments to Terms and Conditions GOLMCS reserves the right to amend these terms and conditions at any time without prior notice. The current version of the terms and conditions is available on our website or at our office.
9. Governing Law and Jurisdiction These terms and conditions are governed by the laws of Nigeria, and any dispute arising from or in connection with these terms and conditions shall be subject to the exclusive jurisdiction of the courts in Nigeria.

By using our services, you acknowledge that you have read, understood, and agreed to these terms and conditions. If you have any questions or concerns about these terms and conditions, please contact us for assistance.

PRIVACY POLICY AND DATA PROTECTION INFORMATION FOR GOD OF LOVE MULTIPURPOSE COOPERATIVE SOCIETY LIMITED (GOLMCS)

At GOLMCS, we are committed to protecting the privacy and personal information of our members. This privacy policy and data protection information provide details about how we collect, use, store, and disclose personal information.

1. Information We Collect
   We may collect personal information from our members, including but not limited to name, contact information, date of birth, occupation, and financial information. We may also collect information about our members' transactions and interactions with us.
2. How We Use Information
   We use personal information to provide our services, communicate with our members, and comply with legal and regulatory requirements. We may also use personal information for marketing and promotional purposes with the consent of the member.
3. Information Security
   We take reasonable measures to protect personal information from unauthorized access, use, disclosure, and destruction. We maintain appropriate technical and organizational safeguards to ensure the confidentiality and integrity of personal information.
4. Sharing of Information
   We may share personal information with third-party service providers who assist us in providing our services, such as banks, credit bureaus, and regulatory authorities. We may also disclose personal information to law enforcement agencies or other parties as required by law or legal process.
5. Your Rights
   As a member of GOLMCS, you have the right to access, correct, or delete your personal information, subject to applicable legal and regulatory requirements. You may also object to the processing of your personal information or request the restriction of its processing.
6. Cookies and Tracking Technologies
   We may use cookies and tracking technologies to collect information about our members' interactions with our website and improve our services. Members can disable cookies in their web browser settings.
7. Changes to Privacy Policy
   We may update this privacy policy and data protection information from time to time without prior notice. The current version of the policy is available on our website or at our office.