Financial Resource Management and Performance of Street Children Rehabilitation Projects in Nairobi County, Kenya

Abstract

In urban areas, street children are a common occurrence. Street children make for 25% of the 100 million youngsters who live in urban communities worldwide. There are currently 250,000 to 300,000 street children in Kenya; many large cities are affected; there are around 60,000 street children in Nairobi. However, the performance of street children rehabilitation centres still faces a lot of challenges and financial resource management is considered the main challenge in the rehabilitation centres. This study looked on the performance of rehabilitation programmes for street children in Nairobi County, Kenya, and the management of financial resources.The research sought to examine how financial risk management, resource mobilization, sponsor and donor disbursed funds and financial control mechanisms influences the performance of rehabilitation centres for street children located inside Nairobi County. The research's descriptive survey design was employed. The intended audience consisted of 139 employees who work in Nairobi County's government rehabilitation centres. Because the target population was tiny, a census technique was used to minimise errors and offer the most accurate information available. A statistical package was used to analyse the data, both inferential and descriptive. The data were interpreted using correlation, analysis of variance, frequencies, and regression coefficient. Results showed that financial risk management, resource mobilization, sponsor and donor disbursed funds and financial control mechanisms all as subsections of Management of financial resources has a favourable effect on performance of homeless youngsters rehabilitation centres . Considering the results, the study recommended: financial institutions and funding organizations supporting such projects should consider the quality of financial management practices as a criterion for evaluating project reports. Well-defined financial management strategies should be a prerequisite for funding this would improve the performance of rehabilitation facilities for street children. Policy makers will benefit from the research initiative as it will assist them in devolving policies on how to manage street rehabilitation centres both in Kenya and beyond.