Please read these terms of use carefully. These Terms of Use constitute the Electronic Financial Services and End User License Agreement, and by registering or using any part of the OKOA MAISHA service ("Service"), you confirm that you have read, understood, accepted and agree to these terms of use and will be bound by them. If you do not agree to be bound by these Terms of Use, you may not access or use any part of the Service. These terms of use constitute a binding legal agreement between you, as an individual user ("you" or "your") and OKOA MAISHA ("we", "our" or "our").
1. These terms constitute a contract.
If you do not accept these terms, you may not use the Services. Use of any part of the Service constitutes your acceptance of these terms. If you are under the age of eighteen (18), you may not use the Services.
2. In order to provide services to you, you must authorize certain personal information to be provided to us, as described in our Privacy Policy. Our Privacy Policy governing the Services is appended to and incorporated into these Terms (“Privacy Policy”). By accepting these terms and using the Services, you agree to and authorize the collection and use of personal information in accordance with the Privacy Policy.
3. Acceptance
Before downloading or opening an account with OKOA MAISHA, you must carefully read and understand the terms and conditions set forth in this agreement and the terms and conditions as amended by OKOA MAISHA from time to time (Terms and Conditions), which will regulate the use and operation of the application and your account.
4. Deemed Accepted
After downloading the app, you will be deemed to have accepted the terms and conditions immediately after using the app. If you do not agree to the terms and conditions, please do not use the app.
5. App update
We may update the App from time to time as necessary. You may be required to download an updated App, or you may not be able to use the Services until you have downloaded and installed the latest version of the App and accepted any new terms and conditions.
6. Software and hardware information
You agree to our collection and use of technical information about the hardware and related software you use to access the Services to improve our products and provide you with the Services. If you use the Services, you consent to us and our affiliates and licensees transmitting, collecting, retaining, maintaining, processing and using your data to determine your credit score or improve our Services.
7. Granted authority and purpose
In order to use the Services, you must give us access to your location, SMS logs and camera for the reasons described in our Privacy Policy.
8. Service Discretion
You acknowledge that you have the right to obtain a loan from us at your own discretion and we will not be liable if your loan application is rejected or if we loan you a smaller amount.
9. Interest-free loans
From time to time, we may provide you with loans free of interest and other charges. The provision of such interest-free loans will be at our sole discretion and in full compliance with these Terms of Service. Interest-free loans must be repaid within 7 days of loan disbursement. If you fail to repay the interest-free loan within the stipulated 7 days, you hereby irrevocably agree and acknowledge that you will be liable to pay us interest on the loan amount until the loan and interest are due back to us. You acknowledge , the granting of interest-free loans will be at our sole discretion.
10. Processing fee
We may offer you the opportunity to apply for a loan of a certain amount. However, if we accept your application and grant you a loan, we will charge us a processing fee (“processing fee”) on top of the repayment of the borrowed amount. The processing fee payable is listed with the loan amount when you apply for each loan.
11. Loan maturity date or extension
You agree to repay the Loan by the date specified when you accept the Loan (“May Date”). If you fail to repay your Loan and Fee by the due date, we will automatically roll over your Loan for a period of time (“Rollover”) and charge you penalty interest (“Penalty Interest”). You then have to repay the loan amount, interest, processing fee and penalty interest before the end of the rollover period. You hereby irrevocably agree that we may roll over your loan and charge a rollover fee for as long as your loan remains outstanding.
12. We will not be liable for any damage you may suffer.
IN NO EVENT WILL WE OR OUR SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL DAMAGES OR DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF USE, DATA OR PROFITS ARISING OUT OF In any way arising out of or in connection with the use or performance of the Services, the delay or inability to use the Services, the provision or failure to provide the Services, or any credit obtained through the Services, or the use of the Services, whether based in contract, tort, negligence, strict liability or otherwise, even if the App and Games or any of its suppliers has been advised of the possibility of such damages.
13. The services are provided without any warranty or guarantee.
The service is provided "as is" without warranty of any kind. We and our suppliers disclaim all warranties with respect to the Services, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. If you are dissatisfied with any part of the service or these terms, your sole remedy is to stop using the service.
14. This contract shall be governed by and construed in accordance with the laws of Tanzania without regard to its principles of conflict of laws. Any matter relating to the interpretation, validity or enforcement of this agreement, if the parties cannot be resolved by mutual agreement, shall be submitted to arbitration in English by a sole arbitrator in Dar es Salaam, Tanzania as the place of arbitration. Arbitration shall be conducted in accordance with the Arbitration Rules of the Chartered Institute of Arbitrators. The arbitration award is final and binding on both parties and may be a court order. To this end, the parties unconditionally agree and submit to the jurisdiction of the Dar es Salaam High Court of Tanzania.
15. Prohibited Conduct
Except as otherwise set forth in the Agreement, you may not use the Mobile Applications and Services or Content: (a) for any unlawful purpose; (b) solicit others to do or participate in any unlawful act; (c) violate any international, federal, provincial or state statutes, rules, laws or local ordinances; (d) infringe or violate our intellectual property rights or those of others; harass, abuse, insult, harm, defame, libel, demean, intimidate or discriminate; (f) submit false or misleading information; (g) upload or transmit viruses or any other type of malicious code which will or may (h) spam, phishing, medicine, excuses, spidering, crawling or scraping; (i) for any or unethical purposes; (j) interfere with or circumvent the security features of the Mobile Applications and Services, third-party products and services, or the Internet. We reserve the right to terminate your use of the Mobile Application and Services in violation of any prohibition.
16. Intellectual property rights
"Intellectual Property Rights" means any intellectual property rights granted by statute, common law or in equity relating to any copyright and related rights, trade marks, designs, patents, inventions, goodwill and rights to sue for passing off, inventions, rights of use and all other intellectual property rights, whether Registered or unregistered, including all applications and applications and granted rights, rights to claim priority, such rights and all similar or equivalent rights or forms of protection and intellectual activities that exist or will exist now or in the future anywhere in the world any other results for . This Agreement does not transfer to you any intellectual property rights owned by the Operator or third parties, and all right, title and interest in and to such property will remain (as between the parties) solely with the Operator. All trademarks, service marks, graphics and logos used in connection with the Mobile Applications and Services are trademarks or registered trademarks of Operator or its licensors. Other trademarks, service marks, graphics and logos associated with the Mobile Applications and Services may be trademarks of other third parties. Your use of the Mobile Applications and Services does not grant you any right or license to reproduce or otherwise use any operator or third party trademarks.
17. Severability
All rights and restrictions contained in this Agreement are exercised, applicable and binding only insofar as they are not in violation of any applicable law and are intended to be limited to the extent necessary so as not to render this Agreement illegal, void or unenforceable. If any provision of this agreement, or any part of any provision, is held by a court of competent jurisdiction to be illegal, invalid or unenforceable, it is the intention of the parties that the remaining provisions or part-provisions shall constitute their agreement with respect to the provisions of this agreement subject matter, and all such remaining provisions or parts thereof shall remain in full force and effect.
18. Changes and Amendments
We reserve the right to modify this Agreement or its terms relating to the Mobile Application and Services at any time, effective upon posting of an updated version of this Agreement in the Mobile Application. When we do so, we will post a notice in the mobile application. Your continued use of the Mobile Applications and Services after any such changes constitutes your agreement to such changes. accept these terms
19. If you would like to contact us for more information about this agreement or wish to contact us regarding any matters related to it, you can do so via the contact form, by sending an email to [email protected]