CPDA offers value for money

Auditors affirmed CPDA’s commitment of maintaining low administrative costs, leaving in place a value for money for all donor funded projects.

Auditors, Carr Stanyer Gitau & Co. Ltd, revealed that in the Audited financial statements for the year ended 31st December 2007, CPDA’s administration cost was less than 18% of total grants received. 

“That the administration cost was less than 18% of total grants received. Funds were used for their intended purposes-project implementation activities. The expenditures were also within the budget,” said Josiah Njiru a representative of the Auditing firm.

It was also encouraging that CPDA increased consolidated income to Kshs.46, 578,376 in 2007 up from Kshs.32,982,676 in 2006. Increased support from partners. For instance, Ford Foundation increased support to Kshs.7,140,955 in 2007 from Kshs.3,076,876.;  National Civic Education Programme (NCEP II) increased to Kshs.11,436,808 in 2007 up from Kshs.4,219,597; Novib increased support to Kshs.18,000,000 up from Kshs. 15,460,276. 

The clean bill of health comes at time when the residents of Vihiga district are to benefit through CPDA from a European Union, Oxfam Novib and Farm Africa grant set to improve their agricultural production, enhance access to health care and promote good governance.

The four year grant dubbed “Western Kenya Livelihoods Empowerment Programme (WEKLEP)”, will empower communities with skills and support in areas of governance, agriculture, and community health. 4000 households, mainly substance farmers and their immediate families living in the 17 locations of the district will benefit.

Read Full Audited Financial Reports:

Audited Financial Report 2007

Audited Financial Report 2006