1.1. This privacy declaration is issued by Alterfin CV, whose registered office is located at 1210 Brussels, Liefdadigheidsstraat 18-26, and which is registered with the Crossroads Bank for Enterprises under number 0453.804.602 ("Alterfin").
1.2. Alterfin is a cooperative that has been mobilising capital in Belgium for investment in developing countries since 1994. Alterfin aims to improve the livelihoods and living conditions of socially and economically disadvantaged people and communities, mainly in rural areas of low- and middle-income countries around the world. To do this, Alterfin provides financial and non-financial services to its partners by:
(i) mobilising funds mainly from individual investors and socially responsible institutions;
(ii) structuring and promoting ethical and sustainable investments;
(iii) collaborating in a targeted way with organisations that share the same values.
In this way, Alterfin contributes to the United Nations Sustainable Development Goals.
1.3. Through this privacy declaration, Alterfin informs all interested parties about the way in which it handles the personal data of its co-workers, visitors, service providers and partners (hereinafter referred to as "You"). Alterfin reserves the right to modify this privacy declaration at any time. Please consult it regularly.
2.1. Alterfin actsas the responsible controller of personal data which (i) relates to You and/or (ii) relates to other natural persons, but which has been provided by You or on your behalf ("Personal Data" or "Data").
As Data Controller, we respect your right to privacy and process Personal Data in accordance with applicable data protection laws and as described in this declaration, namely:
(i) Regulation (EU) 2016/679 of April 27th, 2016 on the protection of individuals with regard to the processing of personal data and on the free movement of such data and repealing Directive 95/46/EC (General Data Protection Regulation);
(ii) any other applicable regulations on the protection of privacy and the processing of personal data; (together or individually, the "Data Protection Legislation").
If you have any questions about how we collect, store and use your Personal Data or if you have any other privacy-related questions, please email us at info@alterfin.be.
We collect and process your Data only for the purposes described in this Declaration. Your Data may have been provided to us by You, or collected by Alterfin, in a number of ways.
When You browse our website (hereinafter the "Website"), become a shareholder or subscribe to our newsletter via the online form, we may collect, use and store the following Personal Data:
Alterfin collects and processes Your Data on the basis of one of the following legal grounds:
4.1. Preparation and execution of the contract concluded with Alterfin: when You wish to become a shareholder, we must process a certain amount of identification and banking data in order to carry out your registration in the shareholder register. We then process your Personal Data in order to keep You informed of decisions taken by Alterfin concerning certain investments, to inform You of the general meetings of shareholders, to raise the necessary funds and to proceed with the distribution of the dividend if it is applicable;
4.2. Your free, explicit, unambiguous and active consent: we seek Your consent to send electronic communications for marketing purposes. This consent may be given by any means, including, but not limited to, by post, e-mail, online or offline consent form or verbally. By consenting to receive these electronic communications, You will receive newsletters, information brochures, e-mail or other marketing content to inform You about:
4.3. Fulfilment of our legal obligations: Alterfin processes some of your Personal Data, such as your name, first name, national registration number in order to comply with the legislative framework applicable to it, in particular in the following areas:
4.4. Our legitimate interest: where the processing of your Data is not strictly necessary for any of the above reasons, we may also process your Data for the realisation and fulfilment of our legitimate interests. In such cases, however, Alterfin will always strive to maintain a fair balance between the need to process your Data and the protection of your privacy. Whenever this is the case, Alterfin will keep You informed of the type of legitimate interest we are pursuing and provide You with transparent information about the processing operations and your rights. In particular, we may process your Personal Data for the following reasons:
We will not disclose, sell or lent your personal information to third parties unless You have previously consented. If You consent but later change Your mind, You may contact us and we will cease any such activity.
We may disclose Personal Data to the following categories of recipients (in any event, only where necessary for the performance of their functions):
The Data is provided to Processors on the basis of Article 28 (1) GDPR or, alternatively, on the basis of our legitimate interests in the economic and technical benefits of using specialist Processors and on the basis of circumstances in which your rights and interests in the protection of your Personal Data are not prejudiced (see Article 6 (1) (f) GDPR).
When we transfer the Personal Data we collect about You to Subcontractors located in countries outside the European Economic Area and they do not offer an adequate level of protection, we ensure that appropriate data transfer tools are used.
7.1. You guarantee that You are entitled (on behalf of the person concerned) to transmit your Personal Data to Alterfin, for example your own, those of your employees, consultants, partners, etc. You also guarantee, in so far as necessary, that You have obtained the necessary consent for the aforementioned transfer of Personal Data and that You will hold Alterfin harmless for any claim in this regard.
7.2. You are aware that any breach of this clause will be considered as serious misconduct.
8.1. The Data Protection Legislation gives everyone a number of rights in relation to their Personal Data. You may exercise the following rights with respect to your Personal Data freely:
(i) the right to access and request a copy of your Data
(ii) the right to rectification of your obsolete or incorrect Data, the right to request that it be updated;
(iii) the right to request the erasure of your Data provided that the conditions of Article 17 ofthe GDPR are met;
(iv) the right torestrict the processing of Personal Data where the conditions of Article 18 ofthe GDPR are met;
(v) the right toportability of Personal Data to third parties to the extent that the conditions of Article 20 of the GDPR apply to You;
(vi) the right to object to the processing of Personal Data, to the extent that the requirements of Article 21 of the GDPR are met;
(vii) the right to revoke your consent;
(viii) the right to lodge a complaint with the Data Protection Authority ("Privacy Commission") either by post at Drukpersstraat 35, 1000 Brussels, or by e-mail at contact@apd-gba.be, or by telephone at +32 2 274 48 00.
8.2. You can exercise the aforementioned rights and ask your other questions by sending awritten, dated and signed request to Alterfin CV, Kunstlaan, 7-8, 1210 Brusselsor by e-mail to privacy@alterfin.be.
Alterfin processes Personal Data for as long as it is necessary for the purposes for which it is processed, as stipulated by the applicable regulations, and may do so for up to 10 years after the end of the contract that You conclude with Alterfin.
10.1. The Personal Data is stored at Alterfin or, if applicable, at its IT service provider, whichis located in the EU.
10.2. Alterfin engages itself to take (to have taken) all reasonable measures to ensure the security of the Personal Data against loss, destruction, alteration or unauthorised access by means of security measures and an adequate security policy.
10.3. You acknowledge and accept the fact that sending and saving Personal Data is never without risk and, consequently, that the damage that You may suffer as a result of illegitimate use of the Personal Data by third parties is never attributable to Alterfin.
10.4. If Yoususpect that a data leak has occurred, You are invited to inform Alterfin immediately (and at the latest within 2 hours) by telephone on 02/5385862 andby e-mail at privacy@alterfin.be.
11.1. If any provision of this Privacy Statement is held to be unlawful or unenforceable, such provision shall be replaced to the extent necessary to make it lawful or enforceable, preserving as far as possible the original meaning of the provision.
11.2. Wherever possible, the provisions of this privacy declaration will be interpreted so as to be valid and enforceable under applicable law. If any provision(s) of this privacy declaration is (are) held to be invalid, illegal or unenforceable, in whole or in part, the remainder of the relevant provision(s) and this privacy declaration shall continue in effect as if such invalid, illegal or unenforceable provision(s) had never been included.
12.1. You agree that the entire relationship between You and Alterfin with respect to Personal Data and privacy considerations is governed exclusively by Belgian law.
12.2. Any dispute relating to the Personal Data shall fall under the exclusive jurisdiction of the courts of Brussels, to the exclusion of any other court.
Last update: March 2024
