1. IN ACCORDANCE WITH THESE RULES

Reading each of these conditions of use is crucial. By registering for or utilizing any aspect of the Veloci service (the "Service"), you acknowledge that you have reviewed, comprehended, and consented to these Terms of Use. These terms are employed as both a financial service and a contract for users. You are prohibited from accessing any aspect of the Service if you do not consent to the Terms of Use. This document serves as a contract between Veloci (hereinafter referred to as "We," "Us," or "Our") and you, a solitary user ("You" or "Your").

2. I AGREE TO THESE TERMS

2.1 Before downloading, using, or creating an account with us, please review the Terms of Use, as we update them frequently. These rules govern how the app and your account operate.

2.2 After downloading the app, make sure you have read, understood, and agreed to the Terms of Use. By clicking "Accept," you agree to these terms. Downloading the app and creating an account means you accept the terms and conditions for using the account. These terms do not limit any other legal rights we may have regarding the account.

2.3 We can change these rules at any time, and by using the service, you agree to any changes. We will try to inform you of any updates.

2.4 By using the app or services, you agree that we can collect and use technical information about your mobile device to provide internet or wireless services. This information helps us improve our services and your experience. You allow us, our partners, and authorized third parties to collect, store, and use your information to enhance the service and app experience.

3. THE ACTIONS YOU MUST TAKE AND THE COMMITMENTS YOU MAKE

By signing this document, you acknowledge and commit to the following:

3.1 You are fully competent and permitted to consent to these Terms of Use, to be legally bound by them, and to fulfill your responsibilities as outlined in them.

3.2 You are required to promptly notify us of any violations of these agreements and adhere to these regulations and all relevant laws stringently.

3.3 You comprehend that the System and the Service should be utilized exclusively for legitimate purposes and in accordance with their intended purpose. And it is strictly prohibited to be dishonest, deceive, or lie.

3.4 It is your responsibility to ensure that the personal information, certificates, or documents you or your representatives provide us with are accurate, complete, honest, and current.

4. HOW DO YOU USE THE SERVICE?

4.1 Our service is exclusively available to individuals who are at least eighteen years of age.

4.2 The application will notify you that your account request has been approved. By consenting to this, you acknowledge that the approval of your account application does not establish any legal relationship between you and the other party.

4.3 We are authorized to examine your credit history in order to determine whether to approve, deny, or modify the terms of a loan. The loan application's interest and terms will be displayed by the application.

4.4 We reserve the right to decline or cancel your loan request at any time, without providing a reason, in accordance with our own assessment.

5. AUTHORITY AND RESTRICTIONS FOR SYSTEM USE

5.1 You are granted permission to access the Service provided by Us for personal use by utilizing the System. This authorization is transient, free, and restricted.

5.2 We and the individuals who permitted us to utilize their work retain ownership of any rights that are not explicitly granted to you in these Terms of Use. According to these Terms of Use, you are prohibited from possessing or retaining any component of the System.

5.3 The following items are prohibited through the use of the System:

5.3.1 Permit the System to be used, shared, sold, conveyed, or distributed to other individuals for business purposes.

5.3.2 The system should not be replicated in order to create a similar product, utilize its ideas or features, or overwhelm it with an excessive number of requests that could cause it to run slowly. Additionally, attempting to access the system or other systems or networks without authorization.

5.3.3 Disseminate or retain any information for deceptive or dishonest purposes.

5.3.4 Do not send unwanted messages, such as spam, or create false bookings, disturb, or interfere with the system.

5.3.5 It is prohibited to share or retain content that is illegal, offensive, or detrimental.

5.3.6 It is prohibited to transmit computer viruses, worms, or trojan horses that are detrimental.

5.3.7 Can result in issues or disruptions to the system's functionality or the information it contains.

5.3.8 In any manner, could potentially damage our reputation or the reputation of any related organizations.

6. YOU ARE RESPONSIBLE FOR CERTAIN ACTIVITIES

6.1 It is your responsibility to ensure that your mobile device is functioning effectively and is secure. The system and service must function properly, and you are responsible for any associated expenses.

6.2 It is your responsibility to ensure that your phone functions properly. We cannot be held accountable for any issues that may arise in the event that your phone malfunctions. This encompasses computer viruses or other issues that may arise during the use of our system, service, or mobile device. Any delays or losses that are the result of your internet provider are not our responsibility. Rather, you will be accountable for any fees that the service provider may impose.

6.3 Your phone will have access to the application. It is crucial to ensure that the appropriate application is installed on your device. We are not liable if the app is incompatible with your device or if you do not have the most recent version installed on your phone.

6.4 You are accountable for selecting and paying for an adequate internet and phone plan that encompasses charges for messages, internet usage, and phone data from your mobile provider. It is crucial to be aware that you may require a substantial amount of data and that you will be accountable for the system's usage and any associated expenses.

6.5 It is your responsibility to adhere to the regulations and instructions outlined in the Terms of Use and any other documents we provide to you when using the System and the Service.

7. INFORMATION ABOUT YOURSELF

7.1 In order to utilize the System, it is necessary to establish and maintain an account as an App user.

7.2 We have the ability to disable app features and restrict account access without compromising any other rights or solutions.

7.2.1 In the event that we independently determine that you have violated any of these regulations;

7.2.2 During the investigation;

7.2.3 If you are indebted to us or any related entities for any reason, including the principal amount, interest, fees, or taxes;

7.2.4 In the event that these regulations are terminated for any reason; or

7.2.5 At any other time, provided that we are satisfied with the outcome.

8. PAYMENT TERMS

Late payment penalties and service fees.

8.1 Unless the law specifies otherwise, you are required to pay the full amount of money you owe in accordance with these regulations, without making any deductions or claims. To ensure that we receive the full payment without any deductions or withholdings, you must add the additional amount if you need to subtract money from a payment you send us.

8.2 If you are unable to repay a loan in a timely manner, we reserve the right to impose an additional fee.

Taxes.

8.3 The quantities that you are required to pay in accordance with these Terms of Use and Loan do not include taxes. If taxes are applicable to the payment, you will be required to provide an additional sum that is equivalent to the payment multiplied by the tax rate. You are still required to comply with our requests and make the payment, regardless of the termination of our relationship.

8.4 By accepting this contract, you authorize us to withdraw funds from your account in order to comply with our policies, requests, or penalties imposed by tax authorities, or if this is mandated by law.

In relation to financial matters.

8.5 You acknowledge that you will repay the loan, including interest, fees, and taxes, by the deadline by utilizing the payment options provided in the app.

8.6 The local currency must be used for all transactions in the region.

9. CONCLUSION AND TIMELINE

9.1 These regulations will remain in effect until they are terminated in accordance with their terms.

9.2 In accordance with these regulations, we reserve the right to terminate your access to the System, the Service, and your Account, either in full or in part.

9.2.1 by providing you with information at your convenience, regardless of the reason.

9.2.2 You are required to adhere to these regulations immediately, regardless of whether you have been informed beforehand, and without compromising our other rights and solutions.

9.2.3 In the event that your mobile money provider or mobile network operator terminates your account or agreement for any reason;

9.2.4In the event of technical difficulties or safety concerns, or if you neglect to use your account for an extended period, your account may be temporarily closed or irrevocably deleted to facilitate the modification or enhancement of the Service.

9.2.5 If we are instructed to adhere to a regulation by a government, court, regulator, or other authority;

9.2.6 We will determine whether to terminate the service for business or any other reason.

9.3 In the event that these Terms of Use are terminated or expire, you are required to:

9.3.1 It is imperative that you promptly settle any outstanding debts, including the loan amount, interest, fees, or taxes.

9.3.2Remove the application from your phone as soon as possible.

9.4 The parties will not be granted any additional duties or privileges beyond those that were in effect prior to the termination of the Terms of Use. Nevertheless, any other provision of the agreement that is intended to remain in effect will continue to be effective.

10. PROVIDING INDEMNIFICATION AND EXCLUDING LIABILITY

Remuneration for services rendered.

10.1 You are obligated to safeguard and assume responsibility for us, our partners, and their associates from any damage, legal costs, or expenses if there is an issue or cost associated with specific situations.

10.1.1 You shall be responsible for any breach of these terms or any applicable laws. We shall not be held liable.

10.2 We are not liable for any losses you incur as a result of service interruptions caused by events beyond our control, system errors, equipment failure from external actions, power disruptions, poor weather, telecommunication system issues, or issues with your mobile devices.

10.3 The application is exclusively intended for personal use. We assure you that we will not be held responsible for any business disruptions, unsuccessful business opportunities, or profit losses. The application is not intended for commercial or resale purposes.

10.4 You acknowledge that we are not responsible for any losses or damages that may be sustained as a consequence of or in connection with:

10.4.1 Any issue or defect in the application or service that is the consequence of modifications you have made.

10.4.2 Any issue or defect in the application that is the result of noncompliance with the regulations.

10.4.3 The specific rule that you violated;

10.4.4 Your account is inadequately funded.

10.4.5 The funds in your account are currently the subject of a legal dispute, which has an impact on the ability to make payments or transfers. Failure to furnish precise transaction instructions or complications with the system, your mobile device, the network, or a mobile money system may jeopardize your ability to make payments or transfers.

10.4.6 Employing the system, service, or your phone in a manner that is either prohibited or dishonest.

10.4.7 In the event that you violate the Terms of Use and any guidelines we have established for the use of the Service and the System.

10.5 We shall not be held responsible for any secondary or indirect losses or damages that may arise from the use of the Service, regardless of whether we were previously informed of the risk.

11. NEW WEBSITES INCLUDED

11.1 Our service may include hyperlinks to websites or applications that are under the management of other organizations. The objective of these hyperlinks is to suggest content that may be advantageous to you. Nevertheless, the act of linking to other websites or applications does not constitute an endorsement or validation of the ideas, opinions, products, services, information, or other items that are showcased on those sites or applications.

11.2 We explicitly state that we do not guarantee or assert that the content on Third-Party Sites or Apps is accurate, complete, reliable, or suitable for any specific purpose. We are unable to guarantee that Third-Party Sites or Apps are virus-free or do not infringe upon copyright, trademark, or other rights.

12. I AGREE TO RECEIVE MESSAGES FROM MARKETING.

You consent to receiving marketing messages from us by utilizing our services. You have the option to unsubscribe from these communications at any time by either following the instructions in the message or selecting the "unsubscribe" link.

13. DISPUTE RESOLUTION

13.1 Tanzanian law will regulate these terms, unless your local jurisdiction specifies otherwise. You will be subject to the laws of your local jurisdiction in all other circumstances.

13.2 In the event that a dispute arises regarding these Terms of Use, the parties will endeavor to resolve it by appointing an arbitrator. In the event that they are unable to reach a consensus within seven days, the Chairman of the Tanzania Arbitration Center will appoint a mediator upon receipt of an application.

13.3 The arbitration will be conducted in Dodoma in accordance with the Rules of Procedure.Parties are required to comply with the arbitrator's arbitration decision to the greatest extent feasible.

13.4 These conditions do not preclude either party from pursuing urgent or interim relief in court while anticipating the arbitrator's decision.

14. SUMMARY

14.1 We are not responsible for any performance issues or delays that are not our responsibility.

14.2 You consent to refrain from disclosing any confidential information regarding our business, customers, or suppliers to any third party.

14.3 You acknowledge that we may transfer the loan rights to another party without your prior consent, and this does not affect your obligations under these terms. The payment methods that are specified in the application must be adhered to.

14.4 We reserve the right to modify these Terms of Use at any time and will endeavor to notify you of any substantial modifications. Nevertheless, it is imperative that you conduct an ongoing assessment of the Terms of Use. The validity of any modifications is contingent upon the maintenance of the System and Service.

14.5 These conditions supersede any prior agreements between the parties regarding the subjects they cover. They verify that the parties are in complete agreement and comprehension. There was no reliance on any statements or guarantees that were not included in these Terms of Use or required by law. Each party waives claims concerning prior discussions in the absence of this provision. These provisions do not restrict culpability for any unlawful liability or fraud.

14.6 Without our written consent, you are prohibited from transferring or assigning your rights or obligations under these Terms of Use. We may transfer our rights or obligations without your consent, with the exception of situations in which the law mandates that we notify you.

14.7 We may notify you by posting a message on the app or system or by sending an email to your account address. Please send an email to company@veloci-tech.com to inform us.

14.8 Please reach out to company@veloci-tech.com with any complaints or suggestions regarding our service or system.