| dc.description.abstract | The purpose of this research study was intended to find out the effect of CDF investments
projects on six factors on SMEs investment returns and if any how. The recent poverty
ranking in the economic trends of the constituency led to low poverty index measure and to
go further to establish the major contributory factor (s) to such high scores, through the use of
SMEs and how CDF kitty is being managed.
The methodology used to analyze the CDF projects is by grouping them into 6 factors as
supported by CDF, which includes education, health, water! sanitation, security, roads,
financial support and electricity.
The factors were identified as major and respondents were asked to choose the most
important to the least and also rank them in order of priority. A questionnaire was circulated
to the respondents to fill. From this study it is evident that there is an effect on SMEs
investment returns and expansion, once any of the six factors were carried out in the
constituency. The factors have a multiplier effect to support in opening up of regions that
were hitherto undeveloped and created opportunities to tap.
The fiscal decentralization should be enhanced and to ensure there was clear guidelines for
monitoring and evaluation purposes. SMEs regulation and legislation mechanisms should be
put into place, since they are earmarked to support the economy's GOP by almost 40% and
also creates employment to many people. Due to the devolution of power from centralized
governance, it would be idea to ensure funds to constituencies are continuously availed
without any delay.
Cost benefit analysis is used as a bench mark in appraising CDF investment projects to
include the social and financial costs and benefits accruing from the project. | en_US |
