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Get to know RAFODE LTD MICROFINANCE(Rural Development Agency)

Rural Agency for Development (RAFODE) began as an indigenous Non-Governmental Organization (NGO) in 2004 and was later incorporated as a company limited by guarantee in 2011. Its mission is to economically and socially empower rural communities in Kenya, with a particular focus on women, youth, and smallholder farmers. The organization provides access to credit, business training, and market linkages to help its clients build sustainable livelihoods and improve their quality of life.

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RAFODE LTD MICROFINANCE(Rural Development Agency)

Kenya

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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