Effective Date: January 1, 2026
MagCoop Multipurpose Cooperative (“MagCoop”, “we”, “our”, or “us”) respects the privacy of its members and is committed to protecting personal information in accordance with the Data Privacy Act of 2012 (Republic Act No. 10173) and the rules and regulations issued by the National Privacy Commission (NPC).
This Privacy Policy applies to MagCoop’s mobile applications, websites, and digital services provided to members of the cooperative.
This Privacy Policy describes how MagCoop collects, uses, stores, processes, and protects personal data when members use:
By using MagCoop’s services, members acknowledge and consent to the processing of their personal information as described in this Privacy Policy.
MagCoop collects personal information primarily during the membership application process, which is required before a person can access cooperative services.
The information we maintain about members may include:
MagCoop may also maintain records related to cooperative membership, including:
When a member applies for a loan, MagCoop may process additional financial information, including:
In many cases, loan applications rely on existing membership information already provided to MagCoop, and members may only need to confirm or update such records.
When members access the MagCoop mobile application or website, certain technical information may be automatically collected, including:
This information is used to maintain system integrity, monitor performance, and detect potential security threats.
MagCoop’s digital services may allow members to sign in using trusted third-party authentication providers.
Members may authenticate using Google Sign-In. When using this method, MagCoop may receive limited profile information such as:
Members using Apple devices may authenticate through Sign in with Apple. Depending on user settings, MagCoop may receive:
These authentication services are used solely to verify user identity and enable secure access to MagCoop accounts.
MagCoop does not receive or store user passwords associated with these third-party accounts.
Personal information is processed only to the extent necessary to provide cooperative services.
MagCoop does not use personal data for unrelated marketing activities without consent.
MagCoop provides lending services exclusively to its members in accordance with applicable cooperative laws and regulations.
MagCoop Multipurpose Cooperative is duly registered with the Cooperative Development Authority (CDA) and authorized to provide lending services to its members pursuant to Republic Act No. 9520 and applicable CDA regulations.
Documentation on the purpose and authorization of MagCoop to engage in Financial Services to its members can be viewed here:
www.magcoop.com/lending-license
Additional details on the MagCoop Lending Privacy Notice can be viewed here:
www.magcoop.com/lending-privacy-notice
MagCoop may use automated systems to assist in evaluating loan applications and assessing credit risk.
Final loan approvals remain subject to MagCoop’s internal lending policies and review procedures.
MagCoop may share limited information with authorized payment processors.
MagCoop may engage technology vendors to support system infrastructure.
MagCoop may disclose information when required by law.
MagCoop does not sell or rent personal data to third parties.
Certain digital services used by MagCoop may involve data processing or storage outside the Philippines.
MagCoop retains personal data only for as long as necessary to fulfill cooperative, legal, financial, and regulatory obligations.
MagCoop will notify affected individuals and the National Privacy Commission when required by law.
MagCoop may update this Privacy Policy periodically to reflect regulatory or service changes.
MagCoop Multipurpose Cooperative
MAGCOOP Building, 473 United Nations Ave, Ermita
Manila, 1000 Metro Manila
Email: magcoopit@magcoop.com
Website: https://www.magcoop.com