Benefits
Some of the benefits of Social Funds have been their ability to better reach poor constituencies, to reduce corruption and to introduce innovations. Social Funds have pioneered community-driven development (CDD), whereby community-based organizations (typically representing a few hundred people or less, often in rural areas) administrate funds themselves and choose where to invest them, thus increasing transparency and accountability for the use of funds. This approach also builds the self-confidence and capacity of local communities. It also helps projects to better meet local needs.
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Famous quotes containing the word benefits:
“One of the benefits of a college education is, to show the boy its little avail.”
—Ralph Waldo Emerson (1803–1882)
“Unfortunately, we cannot rely solely on employers seeing that it is in their self-interest to change the workplace. Since the benefits of family-friendly policies are long-term, they may not be immediately visible or quantifiable; companies tend to look for success in the bottom line. On a deeper level, we are asking those in power to change the rules by which they themselves succeeded and with which they identify.”
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“While greedy good-doers, beneficent beasts of prey,
Swarm over their lives enforcing benefits ...”
—Robert Frost (1874–1963)