Terms of Use for Vine Lims Limited
Effective Date: 1st of January 2025
Welcome to Vine Lims Limited! These Terms of Use govern your access to and use of our website, services, and products. By accessing or using our website and services, you agree to be bound by these terms.
1. Acceptance of Terms
By using Vine Lims Limited’s website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Use, as well as any applicable laws and regulations.
2. User Eligibility
To use our services, you must:
- Be at least 18 years old.
- Be a Nigerian citizen or resident.
- Provide accurate, current, and complete information when registering for services.
- Agree to comply with all applicable laws and regulations in Nigeria.
3. Services Provided
Vine Lims Limited offers microfinance loans to eligible applicants. Our services include:
- Loan application and approval processes.
- Loan disbursement and repayment tracking.
- Educational resources and customer support.
4. User Responsibilities
By using our website and services, you agree to:
- Provide accurate and truthful information during the loan application process.
- Protect your account details and passwords from unauthorized use.
- Promptly notify us of any changes to your personal or financial information.
- Comply with all terms, conditions, and applicable laws.
5. Account and Security
You are responsible for:
- Maintaining the confidentiality of your account and login information.
- All activities that occur under your account, whether authorized or not.
- Notifying us immediately if you suspect any unauthorized use of your account.
6. Loan Terms
- Loans provided by Vine Lims Limited are governed by a loan agreement that outlines terms including loan amount, interest rate, repayment schedule, and penalties for late payments.
- By applying for and receiving a loan, you agree to these terms, as specified in the agreement.
7. Prohibited Conduct
You agree not to:
- Use the website or services for any unlawful or fraudulent activities.
- Provide false, misleading, or incomplete information.
- Interfere with the functionality or security of our website or services.
- Engage in any activity that could harm the reputation of Vine Lims Limited.
8. Termination of Access
We may suspend or terminate your access to our website or services if:
- You breach any of these Terms of Use.
- We believe you have engaged in fraudulent or unlawful activity.
- We are required to do so by law or for operational reasons.
9. Limitation of Liability
Vine Lims Limited shall not be liable for:
- Any indirect, consequential, or punitive damages arising from the use or inability to use our services.
- Any loss of data, security breaches, or unauthorized access to your account, unless due to our negligence.
- Errors or omissions in the information or materials provided on our website.
10. Dispute Resolution
Any disputes arising from these Terms of Use shall be resolved through mediation. If unresolved, arbitration will follow in accordance with the Arbitration and Conciliation Act of Nigeria.
11. Changes to Terms of Use
Vine Lims Limited may update these Terms of Use periodically. We will notify you of any significant changes through our website or by email.
12. Governing Law
These Terms of Use are governed by the laws of the Federal Republic of Nigeria.
13. Contact Information
For any inquiries related to these Terms of Use, please contact us:
