The Privacy Policy delineates the procedures we employ to collect, retain, utilize, disclose, share, and protect your personal information. We strongly encourage you to meticulously examine the following information in order to gain a more comprehensive understanding of our policies and the manner in which we manage your personal information. By downloading the application, you acknowledge that you have reviewed, comprehended, and consented to the terms of this privacy policy. Additionally, you agree that your personal information will be collected, used, stored, managed, and distributed in accordance with this Privacy Policy. This Privacy Policy, our Terms of Use, the Data Protection and Privacy Act, 2019, and any other applicable regulations govern your use of the Service and the System.

ENSURED SAFETY

Unless otherwise specified, the definition of all words in this Privacy Policy that are written in capital letters will be the same as that in our Terms of Use (if applicable).

THE INFORMATION THAT WE COLLECT ABOUT YOU IS AS FOLLOWS:

Unless otherwise specified, the definition of all words in this Privacy Policy that are written in capital letters will be the same as that in our Terms of Use (if applicable). The application necessitates that the user furnish technical information and distinct identifiers of their mobile device, including the IMEI number, MAC address, and phone number. Additionally, they are obligated to provide information about their mobile network, operating system, mobile browser version, and time zone preferences. Furthermore, they are obligated to provide a list of emergency contacts, call and SMS records, images, videos, or other digital content.

INFORMATION OBTAINED FROM EXTERNAL SOURCES

Due to the nature of our services, we are required to collaborate with a wide range of external entities, including banks, suppliers, contractors, partners, and collection agencies, in order to provide assistance or to support us. As a result, they may furnish us with information regarding you. Once we have obtained your consent to share your personal information with these companies and have verified that the other companies will comply with our privacy policy, the Data Protection and Privacy Act, 2019, and applicable laws, we will only collect your personal information for our work with them.

Intimate information regarding others, including your companion, acquaintances, family, and emergency contacts, may be disclosed. In order to achieve this, you will require their consent. For additional information, please refer to the "ACKNOWLEDGEMENT AND ACCEPTANCE" section immediately below.

BY UTILIZING THE DATA WE HAVE COLLECTED REGARDING INDIVIDUALS

We are authorized to utilize the personal information we have gathered for the purposes mandated by law.

1. Your personal information may be utilized for the following purposes:

（1）To register you as a user and verify your identity, as well as to manage, supervise, or oversee your account and credit status;

（2）We will conduct any necessary evaluations or verifications prior to establishing an account for you.

（3）Repay the loan and receive compensation for the service.

（4）To analyze credit and create credit assessment systems;

（5）To remain in compliance with all applicable regulations, laws, and standards, including anti-money laundering and "know-your-customer" regulations;

（6）To communicate with you and furnish you with information about the application;

（7）To inform you of any modifications to the service or the application, such as new interest rates or transaction costs;

（8）To address the comments and inquiries you have submitted;

（9）To enhance, test, update, and modify the program to better suit your needs as a user;

（10）To accomplish the objectives delineated in this Privacy Policy and the Terms of Use, we may contact you via automated or prerecorded messages or send you text messages (SMS) as required.

（11）To monitor and analyze the behavior and characteristics of users, including their utilization of the app's services and any emerging trends;

（12）We will send you marketing messages and notify you of special offers and discounts.

2. Furthermore, we may utilize your personal information for broader purposes; however, we will always guarantee that it is managed appropriately and that only the requisite quantity is utilized for each specific purpose:

（1）To fulfill the business's fundamental responsibilities and obligations;

（2）To monitor the application's usage and provide support, administer, and enhance its functionality, features, and user satisfaction;

（3）To resolve any technical issues or defects in the application.

（4）To generate data without specific names for the purpose of research, testing, and analysis in product development;

（5）To identify, investigate, and prevent any illegal, unauthorized, deceitful, or prohibited practices; 

（6） To assist with business transactions that involve us or any related companies, such as the sale, purchase, or merger of companies;

（7）To conduct comprehensive research, verify audits and investigations, and fulfill our legal obligations. While it may be one of your obligations to respond to inquiries from authorities, investigations, or commands, it is not the sole one.

DISTRIBUTION OF THE INFORMATION WE COLLECT

1. We may disclose your personal information to related companies and other parties for specific legal purposes. We will consistently guarantee that the playing field is level and that only the requisite personal information is disclosed for the intended purpose.

（1）For the purposes specified in the law, such as complying with filing and reporting requirements or responding to regulatory inquiries, investigations, or orders;

（2）In the event of any legal disputes involving you, us, or another party regarding the Service; （3）Discussions regarding the financing, combining, reorganizing, merging, selling assets, or acquisition of our business by another company;

（3）When we share your personal information with other companies for their purposes or when we collaborate with them, these companies may include collection agencies, banks, suppliers, contractors, partners, agents, or any other entity that provides services to us or works for us. This category may encompass the following: allowing other companies to advertise, research, analyze, and develop products or services on your behalf, in addition to its sales function.

（4） We will only disclose your information to our partners if it is essential for the operation of our business, the provision of the app (including marketing), or the processing of your data. This is subject to your subscription to our email list. For instance, our primary organization in your country may supervise and manage your personal information in a different country. Our partners are committed to the responsible management of personal information they receive from us, in accordance with this Privacy Policy and any relevant laws.

（5）We will combine all information and remove any personal details if we share statistics about the use of the App and the Service.

（6）We will disclose your personal information if we believe it is necessary to prevent injury to you or others, to investigate potential violations of our policies, or to comply with the law.

2. Before disclosing the information to others, we will eradicate any potential connection between it and you.

3. We reserve the right to disclose or distribute your personal information in ways that exceed the scope of this Privacy Policy, provided that you have provided us with advance notice.

TRANSPORTING PERSONAL INFORMATION BETWEEN COUNTRIES

When you utilize our services, the information you provide may be transmitted, stored, utilized, and managed in a location other than your current residence. Additionally, you have the ability to communicate with businesses in other countries where our group operates, as well as with the locations of our group's service providers, collaborators, and servers. We assure you that personal information will be protected in accordance with Ugandan laws, the Data Protection and Privacy Act of 2019, and our privacy policy.
By signing this document, you consent to the transfer of your personal information in the manner outlined here, irrespective of whether it occurs in your country of origin or abroad.

SECURITY OF PERSONAL INFORMATION

Your personal information will be retained for the duration of time that is either specifically authorized by law or required for the original purpose for which it was collected. We will either promptly delete your personal information or ensure that it cannot be associated with you once it is no longer required for legal or business purposes.

IMPROVING AND ACCESSING PERSONAL INFORMATION

We may decline requests to modify your personal information if the law mandates it. This may occur if we determine that the requests to view or modify the information are trivial, superfluous, or cumbersome, or if the personal information contains references to other individuals.

YOU ARE RESPONSIBLE FOR YOUR OWN PERSONAL INFORMATION

The personal information we collect from you may be managed, transferred, or stored by other companies. We guarantee that we will exert every effort to guarantee that all external service providers adhere to the privacy standards delineated in this policy.

SECURITY OF YOUR PERSONAL INFORMATION

The safeguarding of your personal information is our top priority. We are dedicated to protecting your personal information by ensuring that all necessary measures are taken to prevent unauthorized use, loss, or injury. Additionally, our objective is to guarantee that your information is not acquired, utilized, or disclosed without your consent. Regrettably, the security of data that is transmitted over the internet is not entirely guaranteed. You acknowledge that, despite our reasonable efforts to safeguard your personal information, we are unable to guarantee that any data you share online will be completely secure from illicit access or changes beyond our control.. It is essential to maintain the privacy of your account information in order to safeguard your mobile device and ensure the security of your password.

THIS PRIVACY POLICY HAS BEEN MODIFIED

We will conduct routine reviews and updates to our Privacy Policy to guarantee that it is consistent with our current practices and adheres to relevant laws, such as the Data Protection and Privacy Act of 2019.It is recommended that you periodically review our Privacy Policy to ensure that you are aware of the manner in which we manage and secure data. If you continue to make use of the service, communicate with us, or use the app or website after these modifications, you will be considered to have consented to the changes to this Privacy Policy.

ACCEPTANCE AND ACKNOWLEDGEMENT

1. Your acceptance of the Privacy Policy signifies that you have reviewed, comprehended, and consented to all of its provisions. You authorize us to collect, use, share, retain, transmit, and manage your personal information by assenting to this Privacy Policy.

2. When you provide us with personal information about another individual, such as your family, friends, colleagues, or emergency contact, you are confirming that you have their prior consent. Additionally, you authorize us to utilize, distribute, and manage their personal information on their behalf.

3. You consent to our ability to contact you and your emergency contact (provided that they have consented) to verify your information in the event that we are unable to contact you through alternative means or are unable to receipt your loan payment.

4. You have the option to prevent the acquisition, use, or disclosure of your personal information by sending us a written notice using the contact information provided. Additionally, you may withdraw your consent to receive particular information and messages from us by employing the "unsubscribe" or "opt-out" option that is integrated into our correspondence. You acknowledge and consent to the prospect of being unable to access specific portions of the service or the application if you choose to revoke your acquiescence. If you withdraw your consent, we may terminate our agreement or your account. The entirety of the rights and obligations that have accrued will be maintained. We will inform you of the potential consequences if you choose to revoke your consent after we have received your request to use, collect, or share your personal information. Subsequently, you may revoke your authorization.

ADVERTISING AND PROMOTIONAL MATERIALS

1. We reserve the right to send you marketing communications via the App, mail, phone, text message, email, online chat, or push notifications in order to inform you of exclusive benefits, offers, or activities from us, our partners, sponsors, or advertisers, or to provide updates on the features of our App.
2. By selecting the "unsubscribe" link in the email or contacting us using the supplied information, you may opt out of receiving these marketing messages at any time. Please be advised that in the event that you opt to unsubscribe, you may still receive non-promotional messages concerning your account, app, loan transactions, and other critical information.

WEBSITES RELATING TO SPECIFIC AREAS

1. It is possible to integrate the website and the application with other websites. We are not responsible for the collection, use, storage, sharing, or disclosure of data and information by these other companies. Additionally, we are not accountable for the functionality of these websites. It is crucial to examine the privacy policies and terms of service of other websites in order to obtain a more comprehensive comprehension of the manner in which they collect and utilize your personal information.
2. Hyperlinks to the advertiser's website may be present in the advertising displayed on our app or website. If you click on the link, the advertiser will collect and utilize any information that is obtained in accordance with their privacy policy.

LIMITATIONS ON RESPONSIBILITY

We do not incorporate any liabilities that are unique or additional and may arise from the following:
1. The extent to which you rely on the application or the obstacles you encounter when using it.
2. Any relationship or agreement between you and another party, regardless of whether we were aware that losses could occur.
3. We are not liable for any delays or malfunctions that are beyond our control.

METHODS OF CONTACTING US

You may contact us at legal_ug@praticospeed.com with any inquiries regarding this privacy policy or to request access to your personal information.