Welcome to
Longitude Capital

We issue short term business loans to small business, groups, invests in viable SMEs through equity participation, offers financial advisory and capacity building.

Privacy Policy

Abbreviations and Acronyms

 Abbreviations and Acronyms

 

 

CBK               Central Bank of Kenya

LOCAP          Longitude Capital Limited

 

DPA                Data Protection Act ID                    Identification Number

PIN                 Personal Identification Number

 

 

INTRODUCTION

 

Longitude Capital Limited endeavours to fully comply with the data protection act of 2019 and other these laws and ensuring your Personal Information shared with us is safe.

 

This General Data Protection and Privacy Policy Provides information on the collection, use, and sharing (collectively referred to ‘processing’ or ‘process’) as of personal information by Longitude Capital Limited and its affiliates in connection with your use of our services and products such as mobile applications, Websites and social media pages that link to this Privacy Policy, your interactions with LOCAP online or offline activities in general.

 

 

It also explains the privacy rights you have in relation to these processing activities. This Policy can change over time under various circumstances to enable compliance with legal requirements or to meet changing business needs.

 

 

1.     SCOPE

 

This policy covers data collected, received, processed and stored on the LOCAP ’s owned physical and electronic databases and Cloud.

It applies to the following:

 

i. All Employees of Longitude Capital Limited and all LOCAP ’s associated parties such as Board Members, customers, agents, vendors, contractors and any other third party who handle and use LOCAP information (where LOCAP is the ‘Controller’ for the personal data being processed, be it in manual and automated forms or if others hold it on their systems on behalf of the LOCAP;

ii. All personal data processing LOCAP carries out for others (where LOCAP is the ‘Processor’ for the personal data being processed); and

iii. All formats, e.g., printed and digital information, text and images, documents and records, data, audio recordings, research publications and communication tools such as mobile applications, photos, videos, social and mainstream media.

 

 

2.     DEFINITION OF TERMS

 

The Definitions are as per the definitions in the Data Protection Act.

 

  • Data controller: Entity determining purpose and means of personal data processing.
  • Data processor: Entity processing personal data on behalf of data controller.
  • Data subject: Identifiable person being the subject of personal data.
  • Personal data: Information relating to an identifiable person.
  • Personal data breach: Security breach leading to unauthorized access, loss, or alteration of personal data.
  • Sensitive personal data: Information revealing race, health, beliefs, etc. of a person.
  • Processing data: Operations on personal data including collection, storage, disclosure, etc.
  • Third party: Any person or entity other than the user.

 

3.      POLICY GUIDE

 

LOCAP will ensure that data is:

 

  • Lawful, fair, and transparent processing in line with privacy rights.
  • Collection for specified, legitimate purposes without further incompatible processing.
  • Collected data is limited to purpose
  • Limited storage duration to necessary purposes.
  • Accuracy and appropriate updates ensured.
  • Data adequacy, relevance, and limitation to necessary purposes.
  • Transfer restrictions without adequate safeguards and consent.
  • Security ensured through technical and organizational measures against unauthorized processing, loss, or damage.

 

 

4.      COLLECTION OF PERSONAL DATA

 

Personal data collected by LOCAP will be limited to necessary purposes outlined in privacy statement only. Data collection with knowledge and consent, except where consent is legally unnecessary.

We may collect and use personal information for the following business purposes or circumstances which list is not exhaustive:

i.               When you sign up on our application with intention to use our products and services

ii.               When you make an application to use any of our products or Services.

iii.            to communicate and respond to your requests and inquiries.

 

iv.            to engage in transactions with third parties such as suppliers, agents and other business partners e.g. Loan disbursement though bank and mobile money.

 

v.              To analyse and appraise a loan application

 

vi.            to analyse, develop, improve and enhance the use, function and performance of our sites/ branches, products and services.

 

vii.           when you make inquiries or raise a query or complaints.

 

viii.         In the event you have been identified as a next of kin or guarantor by a third party including our employees.

 

ix.            to manage the security and operation of our sites, networks and systems.

 

x.              to comply with applicable laws and regulations and to operate our business.

 

xi.            where you intend to work with the LOCAP as an employee or service provider.

 

xii.           where you attend any of our events or events where the LOCAP is one of the sponsors

 

xiii.         visit, access or use any of our online platforms/websites.

 

xiv.         to market our products and services or related products and services, and to tailor our marketing and sales activities to your or your entity’s interests.

 

xv.            to respond to or participate in a survey, marketing promotion, prize competition or special offers.

 

 

5.      NATURE OF INFORMATION COLLECTED

 

We may collect personal information that includes but is not limited to the following:

 

 

i.                Personal details: Name, ID/Passport number, income tax PIN, date of birth, nationality.

ii.

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