Rafode is a non-profit community development organization formed to provide financial services to the low income people in Kenya. We aim at reaching out to economically poor populations through the provision of savings and credit facilities. Our mission is to enable the poor to get access to credit and save in order to help them adress life cycle risks.

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jan 4, 2007 Oct 12, 2005
Total Loans $0 $540,185,700
Amount of Raised Inactive Loans $0 $365,925
Number Of Raised Inactive Loans 0 252
Amount of Paying Back Loans $0 $111,883,875
Number Of Paying Back Loans 0 115,751
Amount of Ended Loans $0 $427,935,900
Number Of Ended Loans 0 549,722
Delinquency Rate 0.00% 3.26%
Amount In Arrears $0 $2,377,834
Outstanding Portfolio $0 $72,977,849
Number of Loans Delinquent 0 10,580
Default Rate 0.00% 1.01%
Amount of Ended Loans Defaulted $0 $4,332,252
Amount of Ended Loans $0 $427,935,900
Number Of Ended Loans Defaulted 0 14,039
Currency Exchange Loss Rate 0.00% 0.06%
Amount of Currency Exchange Loss $0 $298,028
Refund Rate 0.00% 0.82%
Amount of Refunded Loans $24,450 $4,417,000
Number Of Refunded Loans 48 4,864

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 58.33% 74.10%
Average Loan Size $509 $417
Average Individual Loan Size $509 $656
Average Group Loan Size $0 $1,814
Average Number Of Entrepreneurs Per Group 0 8
Average GDP Per Capita (PPP) in Local Country $1,800 $3,462
Average Loan Size / GDP Per Capita (PPP) 28.30% 12.06%
Average Time To Fund A Loan 0.76 days 5.29 days
Average Dollars Raised Per Day Per Loan $673.57 $78.89
  Average Loan Term 9.5 months 10.05 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 269,088
  Journaling Rate 0.00% 42.08%
  Average Number Of Comments Per Journal 0.00 0.09
  Average Number Of Recommendations Per Journal 0.00 2.06

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Portfolio Yield N/A N/A 34.93%
  Profitability (Return on Assets) N/A N/A -1.11%
  Average Loan Size (% of Per Capita Income) N/A 51.50% 42.70%

Kiva HelpCountry Fast Facts

Field Partner Staff

Benson Malenya
Antony Mayodi
Nelson Ondiek