Contribution of Project Initiation on Implementation Success of Business Development Fund Projects in Rwanda: A Case of Access to Finance for Recovery and Resilience Project (AFIRRP)
Pelagie Niyibizi & Kabanda Richard
University of Kigali, Rwanda
Email: pelagieniyibizi8@gmail.com
Abstract: This study examines the contribution of project initiation to the successful implementation of Business Development Fund (BDF) projects in Rwanda, focusing on the Access to Finance for Recovery and Resilience Project (AFIRRP). A descriptive research design was employed, combining both quantitative and qualitative approaches. The target population comprised 269 BDF staff involved in AFIRRP, with a sample of 161 respondents selected using stratified and purposive sampling techniques. Data were collected through structured questionnaires and document reviews and analyzed using SPSS software version 25, employing descriptive, correlation, and regression analyses. Findings indicate clear objectives, proper role allocation, stakeholder engagement, feasibility assessments, and integration of Monitoring and Evaluation (M&E) tools significantly enhance project performance. The correlation analysis revealed a strong positive relationship (r = 0.823, p <0.01) between project initiation practices and successful implementation, while regression results confirmed that project initiation is a strong predictor of project outcomes (R² = 0.758). The study concludes that structured project initiation is crucial for ensuring efficient, timely, and sustainable project implementation. Recommendations include strengthening planning, institutionalizing stakeholder engagement, conducting comprehensive feasibility assessments, and integrating M&E tools from the outset. These findings provide practical insights for BDF and similar development initiatives to enhance project performance and sustainability.
