It is imperative for all users to conduct a thorough examination of this Privacy Policy. Engaging with selections such as “Sign Up”, “I Uphold KKSP Peso's Privacy Policy”, “I Approve the Execution of My Personal Information in Alignment with KKSP Peso’s Privacy Policy” or equivalent wording during the signup phase or in the course of accessing our services and platform, you are thereby certifying your awareness and endorsement of the methodologies described in this document for managing your personal information.
1. Loan Partner Details
Our Loan Partnering Framework: In line with our commitment to providing top-notch loan and credit solutions, KKSP Peso carefully selects its loan providers. We prioritize transparency and wish to share detailed information about these partners with you.
Affiliated Loan Provider Insights:
Name: Kusog Pera Lending Inc.
License & Regulation Compliance:
SEC Registration: CS201916669
Authority Certificate No.: 3118
Contact Information:
Support Email: [email protected]
Phone Contact: 9510552319
Physical Address: Level 29 Joy Nostalg Center 17 ADB Avenue, Ortigas Center Pasig, Metro Manila, 1600 Philippines
2. Data Retention Policy at KKSP Peso
The policy of KKSP Peso concerning the storage of your Data is to limit the duration of retention to the minimum necessary for accomplishing the goals set forth in sections 2 and 10 of this Privacy Policy. Additionally, we may hold onto your Data for longer periods when: (i) compliance with legal and regulatory mandates necessitates; (ii) lawful permissions exist for extended storage; and (iii) preparations for or defense against legal actions require such retention.
3. Collection and management activities at KKSP Peso target:
Personal identification metrics, including your name and birth date;
Information from your loan application about your salary, employment, the purpose behind the loan, and mobile device characteristics;
Your reachable contacts, detailed by home address, telephone, and email;
Exclusive borrower insights, such as SSS numbers, occupational data, personal and emergency contact details;
Technical details of your mobile unit, including identifiers, system and OS versions, configurations, account specifics, carrier, and network data, plus display attributes;
These details (referred to as "Info") are acquired via:
The action of downloading or showing intent to apply for a loan via the KKSP Peso app;
Your engagements with our support or loan facilitation personnel;
Credit assessment services for validating your Info against varied data sources or for fraud mitigation efforts;
The rationale behind gathering and handling your Info by KKSP Peso spans service delivery or meeting legal requirements. We ensure your Info is collected solely with your explicit permission.
4. The Way KKSP Peso Employs Your Information
To ascertain your qualification for loans and services, analyzing financial stability and suitability for service enhancements.
Management of loan agreements, ensuring efficient processing and execution of financial obligations.
Identity verification to ensure the reliability of client data.
Implementation of measures to safeguard against fraud and secure service integrity.
Upgradation of KKSP Peso's service portfolio to better meet user needs.
Tackling of any operational issues experienced by clients.
Compliance with legal mandates focusing on client authentication and financial crime deterrence.
Distribution of promotional content, subject to your acceptance.
Communication about service advancements and news.
Cooperation with credit validation and fraud mitigation partners.
Customer service excellence and engagement through selected communication modes.
Grounds for Processing Client Data:
Leveraging legitimate interests for service enhancement and operational efficiency.
Adhering to our contractual commitments to you, including addressing inquiries pre-agreement.
Processing based upon your explicit approval for certain data handling procedures.
5. Governance of User Information by KKSP Peso
Through the acceptance of this Privacy Policy, the Borrower authorizes KKSP Peso, along with its subsidiaries and partners, to conduct regular credit assessments using the provided information, not only during the loan’s term but also for future financial service considerations.
KKSP Peso guarantees the confidentiality of personal data, with a strict policy against disclosing such information to unrelated third parties, except as strictly required for delivering its financial services. Limited personal data may be shared with selected research partners, with a preference for data anonymization to protect user privacy.
By agreeing to this policy, you permit KKSP Peso to disseminate your data, when necessary, to:
The broader KKSP Peso Group network, including associated agents, affiliates, and leadership teams;
Banking and financial partners, credit reference agencies, and organizations specializing in fraud detection and technological support;
External entities tasked with assisting in financial recoveries or operational enhancements;
Appropriate regulatory bodies and entities in the event of legal, merger, or acquisition proceedings;
Other relevant parties under the compulsion of legal directives, for the enforcement of agreements, or for safeguarding the interests of KKSP Peso and its community.
This structured approach to data sharing is integral to the provision of KKSP Peso’s services, reflecting a commitment to legal compliance and the secure management of user data.
6. Exercising Data Subject Rights at KKSP Peso
For inquiries or to exercise your privacy rights, please reach out to us at .
Informative Rights: KKSP Peso is responsible for providing you with information about our data processing activities, including how we collect, use, share, and safeguard your data, alongside delineating your rights. This comprehensive information is accessible within the KKSP Peso App and our Privacy Policy.
Right of Access: You are entitled to review the personal information we hold, although certain restrictions may apply to preserve the privacy rights of others or follow legal directives.
Amendment Rights: You can request the amendment of any erroneous data we possess. Verification documentation may be required for these amendments to be processed.
Erasure Rights: At your behest, we can erase your personal data from our systems when its retention no longer serves its initial purpose.
Restriction of Processing: Under circumstances of disputed data accuracy or questioning of processing legitimacy, you can ask us to halt processing temporarily.
Portability Rights: You may request your data in a portable format or have it sent to a new controller, provided it's technically feasible.
Rights to Object: Should our processing be based on legitimate interests, you can challenge this basis as detailed in section 2 of our policy.
Complaint Procedures: You are encouraged to file a complaint with the National Privacy Commission of the Philippines if you feel your data rights have been infringed. Exceptions may apply to your requests based on legal mandates or specific obligations we must adhere to.
7. Stop Receiving Promotional Information
If you decide to stop receiving any form of marketing or promotional information from us, please notify us by email or phone. We are committed to processing your request in a timely manner and will no longer send you such information, and we respect your right to opt out of these communications.
8. The Impact of Not Sharing Personal Information
You are under no obligation to provide us with your personal information or consent to its processing. Should you choose to withdraw your consent or not provide the necessary data, please be aware that this may affect our capacity to deliver our services to you effectively. Consequently, this may lead to the termination of our services to you, as allowed by law. Notwithstanding, we may retain your information based on legitimate interests as defined by law, especially in scenarios where outstanding financial obligations exist, to facilitate ongoing collection activities.
9. Facial Information Use and Protection Protocol
User Agreement on Facial Data Collection for Verification Purposes
In our ongoing effort to verify user identity accurately and ensure the security of every account, our application leverages facial recognition technology as part of our Know Your Customer (KYC) process. Detailed below is our policy regarding the collection and utilization of facial data:
Facial Data Acquisition: The application is designed to gather specific information about your facial features and biometric identifiers. This crucial step aids in accurately verifying your identity and enhancing the security framework of your account.
Objective for Facial Data Utilization: The primary aim for collecting facial data is to facilitate the KYC verification process, confirming the authenticity and security of user accounts. Rest assured, this information will not be repurposed for any commercial endeavors beyond this scope.
Confidentiality and Third-party Sharing: We commit to keeping your facial data confidential, ensuring it is not shared with any third parties without necessitation by legal obligations or without your informed consent.
Measures for Data Security: All collected facial data is securely stored within our system infrastructure, safeguarded by the latest in technical and organizational security measures.
Facial Data Retention Timeline: The retention of facial data is strictly limited to the duration required for completing the KYC verification process. Following verification, immediate actions are undertaken to securely delete or anonymize such data.
Privileges Regarding Your Facial Data: You reserve the right to inquire about, rectify, or request the erasure of your facial data within our records at any point. Our privacy team is readily available to address any such requests or questions you might have.
By proceeding with the use of our application, you express your consent to the processing of your facial data as outlined herein. We are steadfast in our commitment to upholding the highest privacy and security standards for your personal information.
For any queries or further explanations, our privacy team is eagerly waiting to assist. We are dedicated to ensuring a secure and trustworthy service experience for all our users.
10. Consent and Authority on KKSP Peso App Use
By initiating the KKSP Peso App, you inherently:
Accept the terms and conditions stated within this Privacy Policy;
Give KKSP Peso consent to process your Information, including but not limited to personal, sensitive, and confidential data as per the categorizations of the prevailing laws, all within the scope defined by this Privacy Policy;
Assure the accuracy and completeness of the Information you supply to KKSP Peso;
Empower KKSP Peso to verify such Information for its truthfulness and accuracy;
Comprehend that KKSP Peso's legal compliance mandates may require the sharing of your Information with specified legal and financial regulatory bodies, including the Bangko Sentral ng Pilipinas, the Anti-Money Laundering Council, and entities involved in credit reporting and regulation.
11. Contact Information and Policy Updates
For any inquiries or feedback, feel free to email us at: .
We are dedicated to continuously improving our Privacy Policy to better protect and serve you. The current version, effective as of 04-15-2025, is subject to revisions. We encourage you to regularly review this document to stay updated on any changes.