Privacy Policy

1. Introduction

Farmvest is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our Services. This policy is in compliance with the Nigeria Data Protection Regulation (NDPR) 2019.

2. Data We Collect

We may collect the following types of information:

• Personal Data: This includes your name, email address, phone number, date of birth, and Bank Verification Number (BVN) for identity verification and payment processing.
• Financial Data: This includes your bank account details and transaction history related to your sponsorships.
• Technical Data: This includes your IP address, browser type, operating system, and information about your use of our Site (e.g., pages visited, time spent).

3. How We Use Your Data

We use your data for the following purposes:

• To create and manage your account.
• To process your sponsorships and pay out returns.
• To comply with legal and regulatory requirements (e.g., anti-money laundering checks).
• To communicate with you about your account and our Services.
• To improve our Site and Services.
• To provide customer support.

4. Lawful Basis for Processing

We process your personal data based on the following lawful bases:

• Consent: We will ask for your consent before collecting certain data or using it for marketing purposes.
• Contract: We need to process your data to fulfill our contractual obligations to you (i.e., to provide the Services).
• Legal Obligation: We are required by law to collect certain information for identity verification and regulatory reporting.

5. Data Sharing and Disclosure

We do not sell your personal data. We may share your information with:

• Partner Farms: To the extent necessary for the management of the Farm Cycle you sponsored.
• Financial Institutions: For payment processing.
• Insurance Providers: For the purpose of insuring the Farm Cycles.
• Government and Regulatory Bodies: As required by law.
• Service Providers: Third parties who perform services on our behalf, such as data analytics and cloud hosting. These providers are contractually obligated to protect your data.

6. Data Security

We have implemented appropriate technical and organizational security measures to protect your personal data from accidental loss, unauthorized access, alteration, or disclosure.

7. Your Rights Under NDPR

As a data subject, you have the right to:

• Request access to your personal data.
• Request correction of any inaccurate data.
• Request the erasure of your personal data.
• Object to the processing of your data.
• Request the restriction of processing.
• Request the transfer of your data to another party.

To exercise any of these rights, please contact us at +234 904 544 2470.

8. Data Retention

We will only retain your personal data for as long as necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.

Disclaimer

1. General Information Only

The information provided by Farmvest on our Site and through our Services is for general informational purposes only. It is not intended as, and should not be construed as, financial, investment, legal, or tax advice. You should consult with your own professional advisors before making any sponsorship decisions.

2. Risk of Loss

3. No Guarantees

Farmvest makes no representations, warranties, or guarantees regarding the performance or success of any Farm Cycle. Any figures regarding potential returns are estimates based on historical data and future projections, and they are not guaranteed. Past performance is not indicative of future results.

4. Third-Party Information

The Site may contain links to third-party websites or services that are not owned or controlled by Farmvest. We are not responsible for the content, policies, or practices of any third-party sites.

5. Limitation of Liability

By using our Services, you agree that Farmvest, its directors, employees, partners, and agents will not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to, loss of profits, data, or goodwill, resulting from your use of the Services or your sponsorship of any Farm Cycle.