These Terms and Conditions apply to and regulate the provision of Credit facility , Bills payment and Smart investment service offered by Mifund Services as Mifunds (hereinafter called "The Lender" or "Mifunds") to the "Borrower" or "Customer" herein. These Terms and Conditions constitute the Service provider's offer and sets out the terms governing this Agreement. Kindly ensure to carefully read and understand the terms and conditions stated herein before opting in for any of the services offered.

MIFUND SERVICES was incorporated in the United Kingdom with the Financial Conduct Authority (FCA) under the Companies and Allied Matters Act, with registered office addresses in London, USA, South Africa, Germany, Kenya, Ghana etc. Mifund Services is an authorized financial services provider worldwide. By using the Mifund platform, you confirm that you are entitled to get credit facilities from Mifund Services on the basis of your residence and residential address provided by you.

In these terms and conditions, the following words and expressions (save where the context requires otherwise) bear the following meanings: "You", "Your", "Customer", and "Borrower" mean the person who applied for this service and agrees to this Agreement while "We", "Us", "Our", "Mifunds" and "Lender" shall mean Mifund Services trading as "Mifund", and following an assignment, any person, company or bank to whom the rights and/or obligations of the Lender have been assigned. "Profile" means the customer's account with the Lender. Profile Owner means the person in whose name a Mifunds profile was created "Disbursement Date" means the date the Lender actually advanced the loan to the Borrower. "Payment Due Date" means a maximum of Sixty (60) days, except otherwise stated after the loan has been given except where extended. "Micro Loan" means the Loan which has been issued by Mifund Services as Mifunds and the amount of which is not higher than 20,000, 000 .00 (Twenty Million Dollars maximum) and which has a repayment period not exceeding 24 Months. "Loan" means the amount advanced to the Borrower by the Lender, which shall be not less than 1,000 (One Thousand Dollars only). “Mifunds smart Invest” means the service of Mifund Services provided within the Mifunds website that enables the customer to instruct the App/service Providers to place funds in investment based on understanding and acceptance of the service offerings terms and conditions. “Customer support helpdesk” means the customer support offered by Mifund Services via Mifunds website or through direct interaction with their customer support personnel through the email address support@mifundservice.com “Device” includes your mobile phone handset, SIM Card, which when used enables you to access the service “Investment” means funds placement in return for a promised return at the Prevailing market rate. “IS”is the investment statement is an electronic document which shows the investment yield at the maturity date “Investment Period” means the date from which you accept these Mifunds smart invest Terms and Conditions “Interest Rate” means the rate of interest payable on the Investment as shall be notified to you through the website, which rate may be varied by the service Providers according to market dictates “Transaction Fees” means the charges payable by customers for use of the service “Bills payment “ prepaid service available on the Mifunds website at the lowest cost possible for airtime, bills etc Smart integration platform we use to link and access a secure exchange of real-time financial information for our customers from their banks to us by linking their internet banking or bank account to the website. Opt in' this is when a customer subscribes to having certain amount deducted from their wallet for investment purposes Cash out' this is when the customer wishes to withdraw from the investment either fully or partially before investment matures.

To provide this service to you, Mifunds works with organisations (such as payment companies) and other service providers (“Partners”). We may be required to obtain, verify or provide information about you or your transactions carried out using the Wallet to any of these parties. You hereby authorise us to obtain, verify, and share such information to the extent required for the performance of their duties, with these Partners. This authorization shall also extend to the Partners.

By using the Mifunds platform, you consent and agree as follows:

(a.) You agree to access and use our website for lawful purposes. You are solely responsible for knowledge of and strict adherence to any laws, statutes, rules and regulations now in force or later enacted at a future date.

(b.) You understand fully that we are largely electronically distributed and we can provide materials and other information about your legal rights and duties to you electronically which you will be responsible for updating yourself with.

(c.) You are responsible for providing all hardware, software, telephone or other communication equipment and/or service to connect to the internet and access our website and are responsible for all Internet access charges, mobile charges or other fees or charges incurred in connecting to the Internet to our website.

(d.) We are authorized to share, receive and use data/information collected from your transaction with other affiliated Third parties.

(e.) Your electronic signature on agreements and documents has the same effect as if you signed them using ink on paper or any other physical means.

(f.) We can send all important communications, billing statements and demand notes and reminders (collectively referred to as "Disclosures") to you electronically via our website notifications or to an email address that you provide to us for while applying for this loan.

(g.) You are solely responsible for any charges or damages that may be incurred as a result of your neglect to maintain the strict confidentiality of your mobile identity which may include username, password and others

(h.) You are expressing and confirming your irrevocable approval for direct debit by us from all bank accounts which you have.

(i.) You are agreeing and confirming that you read our Privacy policy published on our mobile app.

(j.) You are declaring and confirming that your age is 18 years or above.

a. To make available the loan/credit facility to the Borrower of a figure not less than 1,000.00 (One Thousand Dollars only).

b. To perform (a) above upon confirmation of the Borrower's identity and personal information.

c. To demand repayment for the Borrower as and at when due.

d. To verify the Borrower 's details prior to opening a service for the Borrower.

e. To use all reasonable and legitimate means to collect the amount extended to the Borrower, the overdue fee, the processing fee, the tax and any other penalty fee imposed on the Borrower as a result of the loan.

f. Not to store or save Borrower's debit or credit card details given by the Borrower in the application form.

a. Pay to us, on or before the due date, the loan sum, including any convenience, processing fee, tax, overdue or penalty fees, and other amounts due to the Lender charged to this Account.

b. The Borrower will be deemed responsible for any unauthorized application using this service unless the Borrower notifies the Lender, in writing, of imminent fraud by another person on the Borrower's service within 12 hours of such fraud.

c. To repay the loan given to you and/or to someone you authorized to use this service via direct cash transfer to a bank service listed by the Lender, an electronic debit from the card/service you provided on the due date, or through an acceptable electronic channel. The Lender reserves the right to accept early repayment before the Payment Due Date, provided the Borrower has given adequate notice and repays full loan along with the processing fee and tax. Loan repayment via electronic debit card may be affected by the Lender in the way and manner hereinafter specified.

d. The Lender shall charge a one - time Service fee, Disbursement Fee, Clearance Fee and Agent Fee the first time a Customer process a loan application. The fees are non refundable. In addition, the Lender will charge a fee for card verification to confirm the ownership of the account. There is a semi annual card maintenance fee chargeable on the service during the course of business. This is charged per card. In the event the card is expired or about to expire, you will have to obtain a renewed card from your bank or provide us with another personal debit card.

e. The Lender shall deduct from the card setup on the repayment due date. We will never make any transactions on the card outside of the scheduled loan repayments. In the event of a double repayment initiated in error by you, we will on a best effort basis process a refund within a reasonable time.

f. You hereby indemnify us against any and all losses, liabilities or damages that may arise in the event that you use a third party's card on your service without the consent of such third party.

g. In the event of a default or insufficiency of funds in your bank account, you hereby authorize us to charge any other cards you may have on your service or profile other than the primary card listed on an ongoing basis until the debt is settled. You agree to keep your card validity up to date at all times or once you are aware of the likely expiration date.

h. Based on your NUBAN and without further recourse to you, you hereby authorise us to use the right to set off on your indebtedness on any of the bank accounts that you may hold regardless of the one that is directly linked to the outstanding sums.

i. You understand and agree that we do not store card details on our platform thus card details shall be processed through a secure payment gateway that is PCI DSS compliant.

j. To give The Lender authentic and up - to - date personal, social media, phone and financial records about you that we may reasonably request and analyze, from time to time.

k . To pay all costs of collection if we take any action to collect this service or take any action in a bankruptcy proceeding filed by or against you. This shall include, unless prohibited by applicable law, reasonable attorneys' fees and expenses incurred while collection lasts.

l . Not to give us false information or signatures, electronic or otherwise, at any time.

m . To pay any overdue fee or penalty fee as may be provided in these terms and conditions.

n . To make all payments via direct debit on cards or by electronic funds transfer as stated in the application form.

o . To promptly notify us if you change your name, your mailing address, your e-mail address or your telephone number.

p . To honor any other promises that you make in this Agreement.

q. That you will not accept this service unless you are of legal age and have the capacity to enter into a valid contract.

r . Not to use our website for any act of illegality or criminality as we will not be criminally culpable for any illegality committed by you.

s . To fill out the application form (as provided) with accurate information and details as required.

t. You must comply with our Acceptance Use Policy at all times when using the Service.

u. You may never use another user's service without permission.

v. You may not disassemble, decompile or reverse engineer the Service or attempt or assist anyone else to do so.

a. Borrower is expected to repay back the loan sum with accrued interest on or before the due date.

b. Borrowers must repay through the repayment channels provided by us. The channels include: our partner's platform.

In the event the Borrower continually fails to make any scheduled repayment in full on or before the payment due date,or after exploring the loan restructuring options available or in the event of any information or documentation given by the Borrower in connection with the application for this loan is later discovered to be materially incorrect. Kindly contact customer support helpdesk for more information on the restructuring options.

a. The Lender reserves the right to institute legal proceedings against the defaulting Borrower, and may issue demand letters to the Borrower, either electronically or to Borrower's physical address, before commencing proceedings.

b. The lender reserves the right without recourse to add the name of the defaulting customer to the periodic returns made to the credit bureau which will impair the future chances of further credit extension of other financial institutions.

c. The Lender also reserves the right to assign its right, title and interest under the agreement to an external Collections Agency who will take all reasonable steps to collect the outstanding loan amount and fees.

The Lender or its duly authorized staff/representatives/agents will utilize Credit agencies for a credit report on the borrower in considering any application for credit. The Borrower authorizes the Lender to access any information available to the lender as provided by the Credit Agency. The Borrower also agrees that the Borrower's details (save the card details) and the loan application decision may be registered with the Credit agency.

The Lender may at any time with or without notice.

(a) combine or consolidate some or all of the Borrower's service with any liability to the Lender and

(b) set off and transfer any sum standing to the credit of such service in full or partial payment of any amount the Borrower owes to the Lender. This clause is in addition and does not amend or qualify other present or future right of the lender to combine or set off Borrowers service with it. After five (5) working days of the Lender the right: to pay loan from the scale of Borrower's inventory without notice, to activate the Direct Debit Mandate to recover proceeds from the Borrower's corporate and personal account.

The Borrower agrees that the Lender may communicate with them by sending notices, messages, marketing or business-related information, including information about Service updated or changes, via email or via our blog, which is located at the URL, alerts and statements in relation to this Agreement, either electronically or to Borrower's physical address. You agree to allow us to use your personal data, or any other means or manner we deem appropriate or necessary to determine whom to notify. We warrant and represent that we will only make such notification if you default on your financial obligation to us.

By using the service, you agree to grant us an irrevocable written authorization to issue open-ended direct debit mandates for all accounts you own now, or at any point in future. If you default, you agree that Mifunds has your written authorization to place a lien on every service you own, or at any point in the future, to recover any outstanding balance you owe us at the execution of the direct debit mandate, singularly or severally from one or more of your accounts, without any notice or further obligation to you, and may continue to execute direct debit mandate on your accounts until such time as your financial obligation to us have been fulfilled. We warrant and represent that we will only execute a direct debit mandate if you default on your financial obligation to us

All contents of the mobile app including but not limited to the texts, graphics, links and sounds are the copyright of Mifund Services trading as Mifunds and may not be copied, downloaded, distributed or published in any way without the prior written consent, in part or whole, of Mifund Services You also hereby agree that the Lender can share your information to third parties for any purpose it deems including, without limitation, the copying, distribution and publication thereof, unless restricted by applicable laws.

The information and materials contained in these pages, and the terms, conditions, and descriptions that appear, are subject to change. Unauthorized use of Mifund Services trading as Mifunds and systems including but not limited to unauthorized entry into Mifund Services trading as Mifunds, misuse of passwords, or misuse of any information posted on a site is strictly prohibited. Materials, information, marks and logos contained in or displayed on this Website are protected by intellectual property rights under applicable laws. No part of these material, information, marks and logos may be modified, reproduced, stored in a retrieval system, transmitted, copied, distributed or used in any other way for any commercial or public purposes without the written permission of BE Mifund Services trading as Mifunds

These Terms constitute the entire agreement between you and Mifunds concerning the Service replacing any prior or contemporaneous agreements, terms or conditions applicable to your use of the service. If a provision of these Terms is found to be unenforceable, the remaining provisions of these will remain in full force and effect and an enforceable term will remain in full force and effect and an enforceable term will be substituted reflecting as closely as possible our regional intent. Mifund's failure to enforce any provision of these Terms shall not be deemed a waiver of its right to do so later.

Unless restricted by applicable laws, you agree that any and all personal data relating to you collected by the use from this Website may from time to time be used and disclosed for such purposes and to such persons as may be in accordance with our Privacy Policy as amended from time to time.

While every care has been taken in the preparation of materials in this mobile application, such materials and information are provided on an "as is" or "as available" basis. Mifunds does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for errors and omissions contained. No representation or warranty of any kind, express, implied or statutory regarding non- infringement, security, accuracy, reliability, fitness for purpose or freedom from computer viruses is given in connection with such materials and information