Influence of sources and composition of finance on successful implementation of community development projects: a case of projects funded through Lewa Wildlife Conservancy
Successful project implementation is influenced by numerous factors. The sources and composition of project finance is among the key factors that may influence the project implementation. This study sought to establish the extent to which sources, composition of finance and the role of the community have on successful implementation of community development projects. This was achieved through collection, analysis and interpretation of data from community development projects funded through LWC for the last five years (2005-2009). Previous studies have demonstrated that effectiveness of development aid is affected by numerous factors (Carlsson, 1999). Others have highlighted the factors that have hindered successful implementation of development projects. In Kenya for example (Jerker, 1997) shows how donors influence have influenced successful implementation of the health projects. The absence of specific research on the influence of the sources, composition of project finance and the role of the community in project implementation presents a gap that this research sought to fill. The study used closed questionnaires and interviews to collect the data. Combinations of two sampling techniques were used; cluster sampling and stratified sampling in order to enhance the representation by the sample. The collected data was then coded and analyzed using statistical method; SPSS. The findings showed that, sources of and the composition of project finance has an influence on successful project implementation. Community participation also has influence on successful implementation of development projects. Most donors provide reliable flow of funds while monitoring the implementation of the projects. The analysis of the data collected showed that sources of finance have a positive influence on successful project implementation. Despite some sources attaching conditions, the reliability of most sources have made it possible for projects to succeed. Some of the conditions attached have a positive influence because they require the community members to actively participate in the project and they also appoint lead individuals or organization to monitor the project hence their success. Community members are not aware of the different sources of donors and their proportion contribution to development projects. The community only knows the lead organization, LWC. Communities only contributed manual labor to the development projects with little fmancial contribution. This demonstrates that communities almost entirely depend on donor funding to jumpstart any development project. It is important for development stakeholders to know that sources of fmance, the composition of project finance and community participation is crucial in successful project implementation. With this study capturing only three variables it's recommended that research should be done to evaluate the influence of other factors on the success of development projects.