3 out of 4 stars
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Numerous socioeconomic-development projects have been started to address unmet human needs in many parts of the world, especially in third-world countries. However, it also appears there have been some that were begun just for the sake of attracting foreign funding, which eventually ends up in the pockets of the program founders and managers. There are other projects, at the same time, that were addressing genuine needs but have disappeared as they lacked financial support. Therefore, project initiators ought to have the necessary prerequisites to attract funding or continue operating the project without external funding. Moreover, funders have to know how to choose ventures to finance and also follow up to ensure the funds are used solely for stipulated activities.
Why do we still need non-governmental organizations? How does a project initiator know where to set up a project and what issues have to be looked into before selecting a project location? How should a funder choose where the available funds should go? Why is project evaluation important?
Funding Projects in the Third World: Hidden Secrets Revealed was authored by Karamba Elhadj Bayo. It is approximately 384 pages long and consists of eight chapters. The book was published by Outskirts Press in 2020. The author decided to write it after searching for this kind of book without getting any in the market. It is also worth bearing in mind he has been heading a national non-governmental organization he founded in Guinea, La Samaritaine-Guinee, for more than thirty years. The fact that this NGO is still operational and helping to give the young people another chance at life in his home country is proof what he has written is practical and effective.
This is a book for both funders and recipients of funding. First, the author dwelt on many issues a project initiator has to tackle from the conception stage of the project to ensure its success. One of them that I immensely appreciated was the sustainability of the project itself. This entailed having a plan so that the recipients could at one time run the project themselves. It also included having a proper asset management policy to minimize wastage of resources and also reduce reliance on external assistance to replace worn-out equipment. There was also adequate information on the need for sound research to not only start but also support the project activities and long-term goals.
There is nothing I disliked about the book. What I liked most were the vignettes the author included in the book. They helped to add weight to his statements and also illustrate the consequences of initiating a project without sufficient consultation or research. The story of two Guinean stowaway boys, who died on a jetliner bound for Brussels, portrayed how people can quickly react with emotions to a situation and after a short time stop pursuing the commitments they made. It was also proof that many countries have many policies in place, but have just left them at the table. Consequently, poverty still remains a challenge in many developing and under-developed countries.
I have benefited greatly as one who has always been interested in the running and impact of NGOs. I rate the book 3 out of 4 stars due to the grammatical errors I discovered. In addition, many run-on sentences reduced the readability of the book and made comprehension a bit daunting as well in some instances. This is a book that will most certainly prove resourceful for project initiators and managers and funders as well. I also recommend the book to any reader who wants to know more about effective management and funding of socioeconomic projects.
Funding projects in the third world
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