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Cashless Mobile Transactions
Rafode loans are sent and repayment received through mobile platforms
Asset Financing
Great flexibility in repaying
Loans are sent within 72 working hours after approvals
Efficient Fast Operations


RAFODE is a growing non deposit taking Microfinance Institution Headquartered in Kisumu Kenya. It is a high quality micro financial services Institution which leverage on Information Communication Technology (ICT) to manage its operation efficiently and which enables it to scale rapidly in rural areas as it delivers better service to clients.

Promoting financial and social support in rural areas hence changing lives

Phoebe Akello Oyola

Trader at Kibuye Market

Phoebe Akello Oyola is a trader at Kibuye market in Kisumu city. She joined Rafode Ltd back in 2011. She is currently servicing her fifth loan of eight hundred thousand shillings. ‘I used to run my eggs business by procuring them from other traders in Kibuye market and reselling, but I realized I would make more profit if I could obtain a car that can help me get eggs from Uganda and resale them at a whole sale price. When i approached Rafode Ltd and told them my plan, they offered me an Asset loan upon which I acquired a Toyota Probox vehicle. The vehicle has enabled me make more profit and as such my business has grown.’ Rafode has also enabled Phoebe get a top up loan for her charcoal business at the same market. ‘Rafode Ltd has helped grow my business with their timely loans and especially the emergency loans that they offer apart from the normal loan products; as a result I supply my eggs to almost all shops in Kisumu city.’

IFCMESPTENVESTUS African DevelopmentSafaricomOxfam NovibHivos People Unlimited