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Terms and Conditions
Privacy Policy Information is the core of our business at the Micro Equity Development Fund (“MEDF”). This Privacy Policy explains how the MEDF collects, uses, and discloses the personal information you may provide while using the MEDF’s web site (www.themedf.org). We take appropriate security measures to protect against unauthorized access to or unauthorized alteration, disclosure or destruction of data. These include internal reviews of our data management and security measures. We, the MEDF, will never rent or sell your personal information to third parties. We will not disclose your personally identifiable activity to any third party without your consent. We restrict access to personal information to MEDF employees and entities that need to know that information in order to manage, develop or improve our service. These individuals are bound by legal confidentiality and may be subject to discipline, including immediate termination and criminal prosecution, if they fail to meet these obligations. Also, the MEDF will regularly update you on the status of your account, so you may always be aware of developments and account activity. MEDF reserves the right to record and display anonymous investment activity on our Website and display the general regions where our entrepreneurs and other parties are located. The MEDF adheres to the US Safe Harbor Privacy Principles of Notice, Choice, Onward Transfer, Security, Data Integrity, Access and Enforcement (U.S. Department of Commerce’s Safe Harbor Program. ) If you have any questions about our Privacy Policy, please feel free to email us or write to us at: Privacy Support c/o MEDF. 21 Kirkland Drive Cambridge, Massachusetts, 02138 USA Rules Investing in the Micro Equity Development Fund has several restrictions. First, capital can only be vested during scheduled window periods. Due to the amount of effort that goes into creating equity for each of our entrepreneurs, we regulate the times when investors can move their money in order to reduce the cost of overhead and ultimately save the investor and entrepreneur money by reducing fees. Second, the MEDF does not act as a holding company for your capital, we simply connect you the investor to entrepreneurs in developing countries. This means that all the capital that you intend to invest is held in your own accounts. When the time comes for an investment to be made, we connect you to our established partner MFIs easily and quickly, who will then invest your capital. General Terms and Conditions (Registration) This web-site is intended to be a friendly, enjoyable and useful experience, but as with anything concerning any kind of transactions there are risks involved and we strongly advise you to understand all of these terms before joining. If you spot a listing that you feel is violating the general terms and conditions of this web-site as stated below please let us know by contacting us. Rights To Suspend or Terminate. You agree that this web-site, in its own discretion, may terminate any auction or use of the service immediately and without notice if (a) We believe that you are not abiding by the general rules of this web-site (b) You have repeatedly broken a certain term (c) You have listed a suspicious item (d) We believe you to be a non paying bidder. In most cases when we suspect foul play we will suspend your account/listing whilst we investigate further. If our investigation is conclusive then your account with us will be terminated. Your Conduct. You are solely responsible for the contents of your actions through this web-site. You must ensure that your participation in the selling or buying of items does not violate any applicable laws or regulations. By this we mean that you must check that you entitled to sell or buy the relevant item and that you are not prohibited from doing so by any law or regulation. You must not transmit through the service any unlawful, harassing, libelous, abusive, threatening, harmful, vulgar, obscene or otherwise objectionable material. You must also not transmit any material that encourages conduct that could constitute a criminal offence, give rise to civil liability or otherwise violate any applicable law or regulation. Membership. Membership to this web-site is only available to those you can form a legally binding contract. This web-site does not permit minors (under 16) to register. If any member fails to signup with their correct age the account will be terminated immediately. General Terms. This site acts as the window for sellers to conduct auctions and for bidders to bid on sellers' auctions. We are not involved in the actual transaction between buyers and sellers. As a result, we have no control over the quality, safety or legality of the items listed the truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers to buy items. We cannot and do not control whether or not sellers will complete the sale of items they offer or buyers will complete the purchases of items they have bid on. In addition, note that there are risks of dealing with foreign nationals, underage persons or people acting under false pretence. This Web-site shall not be responsible for any items sold by Auction, for any damage to items during transit or during the inspection period, nor for misrepresentations and/or breaches of contract by either buyer and/or seller. This web-site shall not be responsible for the cost of procurement of substitute goods or any losses resulting form any goods purchased or obtained. This web-site assumes no liability for the content of the listings. However if you fall victim of a fraudulent transaction we will assist you as much as we can. Laws. These Terms of Service shall be governed by and constructed in accordance with the laws of United States of America and any disputes will be decided only by the Courts of United States of America
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