Rural Agency for Development
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible. - St. Francis of Assisi |
The Rural Agency for Development (RAFODE) systematically and exclusively provides small, targeted loans to the market with the greatest need in Kenya – the rural poor. RAFODE’s mission is to:
- Empower clients to escape poverty, realize dreams and transform lives
- Provide financial products and services that meet the needs of the rural poor
- Be a sustainable financial institution governed by a spirit of integrity and service
They have operated effectively in a challenging environment of severe infrastructure limitations and persistent logistical issues. Their results have a proven multiplier effect, and their innovative strategies minimize both portfolio risk and administrative costs.
Project Redwood's 2010-11 grant will enable RAFODE to provide knowledge and financial capital to rural entrepreneurs for the purchase of assets for a business, such as inventory at bulk rates - reducing costs - and for investment in marketing and advertising.
RAFODE welcomes Project Redwood’s non-financial assistance to help them better leverage IT tools to increase productivity, transparency and efficiency, and to guide them to best practices of other social enterprises.
For more information, visit: www.rafode.org or contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .
