RAFODE is a growing non deposit taking Micro-finance Institution Headquartered in Kisumu Kenya. It is a high quality micro financial services Institution which leverages on Information Communication Technology (ICT) to manage its operations efficiently and which enables it to scale rapidly in rural areas as it delivers better services to clients. Our main focus is to promote financial and social support to our clientele hence Change Lives.
This is a working capital loan meant to help clients start a new business, upgrade or expand the existing one.
To be eligible one must:
- Have a Kenyan ID
- Be a member of a registered group without a criminal record.
It has four cycles before one graduates to individual. The Cycles range between 10,000 to 120,000 Kenya shillings.
This is an educational loan aimed to cater for client’s and there family members education. We help our clients to pay school fees for their children or to children they are responsible for.
The cash is payable to school account unless one proves otherwise.
One Must provide a collateral and a school fees structure.