Privacy Notice – Youth Enterprise Revolving Fund (YERF)
1. Who We Are
The Youth Enterprise Revolving Fund (YERF) is committed to protecting your privacy and personal information. This Privacy Notice outlines how we collect, use, share, and protect your data.
2. What Data We Collect
We collect personal and financial information necessary to assess your application, including:
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Full name, ID number, contact details, residential and business addresses
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Employment and income details
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Banking information
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Next of kin and references
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Any other information provided in the application form
3. Purpose of Collection
Your data is collected for the following purposes:
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To process and assess your application
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To contact you regarding your application or funding
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To comply with legal and regulatory requirements
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For internal reporting and performance tracking
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For communication related to your participation in the program
4. Data Sharing
Your information may be shared with authorized third parties such as Fincorp and other institutions involved in the loan processing or verification process. All third parties are contractually obligated to protect your data.
5. Data Security
We use secure servers, firewalls, encryption, role-based access, and regular backups to protect your information from unauthorized access, disclosure, or loss.
6. Your Rights
You have the right to:
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Access your personal data
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Correct any inaccurate information
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Withdraw your consent at any time
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Lodge a complaint with a supervisory authority if you believe your data is being misused
To exercise your rights, contact us at:
Email: info@yef.co.sz
Phone: +268 2404 1433/6802/8369
