Women Groups in Ikombe County: Water Tanks Delivery Funding Proposal

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Financial budgeting embraces the implications of agencies’ or firms’ financial decisions. This is a plan which is inclusive of the balance sheet which is budgeted by an agency. The balance sheet will show the impact of the budgeted operations and also the investment of available capital on businesses’ equities, assets, and also liabilities. Financial budgeting will also include the budget on cash, forecasting the cash flow, and flow of other sources of funds in an agency. Cash planning is very essential in financial budgeting to ensure that enough funds are available at the time they are required. This proposal is for an agency known as Starhope Company Limited.

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The agency’s mission is to enhance community development and progression through the provision of essentials that make people’s lives better and especially in rural areas. Starhope operates in the rural areas to empower communities in terms of ensuring that they have access to energy, water, and also communication network. This proposal is entitled ‘proposal for funding to deliver water tanks to women groups in Ikombe County’ (McMillan, 2010, pp.3-10).

The agency will seek to change from delivering water to the people through the use of boozers to ensuring that families have a water conservation mechanism. This will be realized if the women groups that are very efficient in the county are provided with water tanks to be able to conserve rainwater. This will go a long way in improving the agency’s effectiveness by ensuring that more families have access to water that is clean and therefore accomplish one of its objectives in the mission statement of providing clean and enough water to the rural communities in Ikombe County. There is a need for the people in the mentioned county to have access to clean water since the fact that women have been trekking long distances to fetch water for family use renders them economically poor due to failure to engage in other income-generating activities.

So this proposal seeks to get funding to ensure that particular need is men and women get to engage in other economically viable activities. The total for the proposal is $1000000. If implemented the program will provide water tanks to women groups in phases. Phase one which will be implemented in the first year will target to provide four women groups with water tanks. The second phase will be implemented in the second year and will provide five women groups with tanks. Phase three takes effect in the third year targeting five women groups. The fourth phase will be undertaken in the fourth year targeting three women groups. The last phase will be accomplished in the fifth year and will provide tanks to the remaining three women groups (McMillan, 2010, pp.112-150).

The costs in the first year will total $ 400000. It is assumed that the water tanks in the first year will be bought at a relatively higher price due to teething problems as the agency moves to engage in a new program other than what it was used to. The cost for the water tanks will be $200000 for the first four women groups. The agency will seek to get the tanks at a cheaper rate in the subsequent phases of implementation. Starhope Company Limited will in the first year purchase two vehicles for transportation of water tanks from the place of purchase to the installation sites. The two vehicles will cost a total of $150000 each going for $75000.

The remaining $50000 will cater for salaries of the employees in the new program, fuel, and other overheads that may be incurred in the course of implementation during the year. The costs in the future years that are 2nd to 5th year of program implementation will be $150000 per year. The budget for the water tanks will be $100000 with the remaining $50000 planned to cater for salaries of employees in the program, fuel for the vehicles, and other miscellaneous costs (McMillan, 2010, pp. 200-220).

The program will be closely monitored and evaluated throughout the five phases to establish its success. For it to be considered successful, the program should by the fifth year ensure that every family in Ikombe County has a water tank and access to clean and enough water throughout the year. This will be the only measuring stick for success that Starhope Company Limited will seek to strictly follow. Under its mission, the company will require to see a change in the way the community in the county engages in other income-generating activities like zero-grazing now that they have access to water, engage in small agricultural activities such as the kitchen garden to subsidize on other sources of food and also more critical the agency will require to see changes and turn around in the level of hygiene by the community displayed in households in the county(McMillan, 2010, pg.210).nth, and Year)

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IvyPanda. (2022, June 22). Women Groups in Ikombe County: Water Tanks Delivery Funding. https://ivypanda.com/essays/proposal-for-funding-to-deliver-water-tanks-to-women-groups-in-ikombe-county/

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"Women Groups in Ikombe County: Water Tanks Delivery Funding." IvyPanda, 22 June 2022, ivypanda.com/essays/proposal-for-funding-to-deliver-water-tanks-to-women-groups-in-ikombe-county/.

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IvyPanda. (2022) 'Women Groups in Ikombe County: Water Tanks Delivery Funding'. 22 June.

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IvyPanda. 2022. "Women Groups in Ikombe County: Water Tanks Delivery Funding." June 22, 2022. https://ivypanda.com/essays/proposal-for-funding-to-deliver-water-tanks-to-women-groups-in-ikombe-county/.

1. IvyPanda. "Women Groups in Ikombe County: Water Tanks Delivery Funding." June 22, 2022. https://ivypanda.com/essays/proposal-for-funding-to-deliver-water-tanks-to-women-groups-in-ikombe-county/.


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IvyPanda. "Women Groups in Ikombe County: Water Tanks Delivery Funding." June 22, 2022. https://ivypanda.com/essays/proposal-for-funding-to-deliver-water-tanks-to-women-groups-in-ikombe-county/.

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