About RDF GHANA

OUR HISTORY

The RDF Ghana, was birthed out of DANIDA’s desire to institutionalise a development finance organisation that will outlive Denmark’s transition from aid to trade in Ghana by 2020.

Our Mission

To be the leading non-bank development finance institution that supports the needs of Ghana’s financial providers while effectively serving SMEs financial needs and maintaining our fund value.

Our Vision

To be the leading non-bank development finance institution that supports the needs of Ghana’s financial providers while effectively serving SMEs financial needs and maintaining our fund value.

WHO WE ARE

ABOUT RDF GHANA

The Rural Development Fund (RDF) Ghana, was birthed out of DANIDA’s desire to institutionalise a development finance organisation that will outlive Denmark’s transition from aid to trade in Ghana by 2020. Incorporated as a company limited by guarantee, RDF Ghana Ltd. ploughs back its earnings to continuously support access to finance while incentivising a reduction in the cost of finance amongst financial institutions to the benefits of the Micro, Small and Medium Enterprises (MSMEs).

The members (owners) of the RDF are the Government of Ghana represented by the Ministry of Finance https://www.mofep.gov.gh/    and the government of Denmark represented by the Danish Investment Fund for Developing Countries (IFU) https://www.ifu.dk/en/about-ifu/.

Over the years, DANIDA has supported access to finance and capacity development of Rural & Community Banks (RCBs), including the provision of wholesale funds as well as provision of loan guarantees through Universal Banks and Savings & Loans Companies. The seed money for the RDF was an amalgamation of all the revolving funds from Danida’s past engagements in the access to finance space within the private sector.

RDF is expected to be sustainable and grow in size and has the mandate to raise additional capital by from DFIs and private entities while leveraging on its funding to work with and partner other like-minded institutions.

RDF Ghana has been established to provide a sustainable vehicle for wholesale funds; providing access through a wider range of financial intermediaries.

RDF’S THEORY OF CHANGE

If financial institutions have access to additional funds and guarantees to lend and offer relevant products for agriculture, rural enterprise, sustainable energy and energy efficiency;

then rural farmers, agribusiness, sustainable energy users and businesses, and other rural MSMEs will have increased access to working capital and term loans;

resulting in growth in rural enterprises engaged in agribusiness, sustainable energy, manufacturing, services, commerce and other activities;

leading to increased incomes, reduced poverty and enhanced energy sustainability in rural areas.

CORE VALUES

Our client and staff needs are our top priority
We include the marginalized and minority, and do not exhibit any form of discrimination

We say what we mean and that’s what we do
We have zero tolerance for corruption

We demonstrate openness in our affairs; our systems and processes are clear and above board. As such we do not accept any gifts or favors at RDF.

We adhere to the rules of proper business conduct & economic growth based on the principles of sustainability, honesty, clarity and responsibility

We adopt best practices in all our operations

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