Privacy Policy

FUNDSHOME LTD – PRIVACY POLICY (FINTECH & LOAN SERVICES)

Last Updated: January 2025

FundsHome Ltd (“FundsHome”, “we”, “our”, “us”) is a financial and fintech service provider offering credit and loan services to individuals. We are committed to safeguarding your personal data and complying with the Nigeria Data Protection Regulation (NDPR) and all applicable data protection laws.

This Privacy Policy explains how we collect, use, store, and protect your information when you apply for and use our loan services.


1. Personal Data We Collect

We collect only the information required to assess your loan eligibility, verify your identity, and manage your account. These include:

  • Full Name
  • Phone Number
  • BVN
  • IPPIS Number (for eligible government workers)
  • Salary Information
  • Bank Account Number
  • Employment Details

We do not collect:

  • NIN
  • Email address
  • Bank statements
  • Loan history
  • Device information or cookies

2. How We Use Your Personal Data

We process your data only for legitimate business and compliance purposes, including:

a. Loan Processing & Verification

  • Confirming identity
  • Assessing creditworthiness
  • Determining loan limits and eligibility

b. Loan Administration

  • Disbursing loan funds
  • Managing repayments
  • Generating internal account records
  • Providing customer support related to your loan

c. Legal & Regulatory Compliance

  • Meeting NDPR obligations
  • Fulfilling KYC and AML/CFT requirements
  • Responding to lawful requests from authorities

3. Legal Basis for Processing

We process your personal data based on:

  • Consent — when you apply for a loan
  • Performance of Contract — to provide and manage your loan services
  • Compliance with Legal Obligations
  • Legitimate Interest — fraud prevention and service quality

4. Data Sharing & Disclosure

FundsHome Ltd does not share customer data with any external parties for commercial, marketing, or third-party use.

We may disclose data only when legally required, such as:

  • Court orders
  • Law enforcement requests
  • Regulatory obligations

Otherwise, all customer information remains strictly within FundsHome Ltd.


5. Data Storage & Security

We apply strict administrative, technical, and physical security controls, including:

  • Secure, access-controlled databases
  • Encryption and confidentiality controls
  • Restricted access to authorized staff only
  • Regular compliance monitoring

Your data is stored securely within NDPR-compliant environments.

6. Data Retention

We keep your information only for:

  • The duration of your relationship with FundsHome
  • Additional years as required by financial regulations and audit laws

After the retention period, your data is securely deleted or anonymized.

7. Your Rights Under NDPR

You have the right to:

  • Access your personal data
  • Request correction of inaccurate information
  • Request deletion where legally permissible
  • Withdraw consent
  • Object to unnecessary processing
  • Request data portability

Requests will be addressed within NDPR-approved timelines.

8. Your Consent

By applying for a loan, you consent to the collection and processing of your personal data as explained in this Privacy Policy.

9. Contact Information

For data protection enquiries or to exercise your rights:

Email: help@fundshomeng.com
Address: MyYaba Mall, Herbert Macaulay Way, Sabo Bus Stop, Sabo Yaba, Lagos, Nigeria.

10. Updates to This Privacy Policy

FundsHome may amend this policy when necessary. Continued use of our loan services indicates acceptance of updates.