Conditional Cash Transfers

Conditional cash transfers (CCTs) refers to a form of funding by the government or other humanitarian agencies whereby the fund donated must be used to finance a predetermined undertaking (Fiszbein et al, 2009, pp. 31). In Conditional cash transfers, money has to be spent for the intended purpose and only those who have been approved to meet the predetermined requirements receive such cash. This means that the recipient of the cash has to be vetted thoroughly and their actions determined before getting the cash. Programs funded through conditional cash transfers include funding education for marginalized, buying food for those facing hunger, funding medical checkups ailments and providing housing to those hit by a catastrophe or disaster among others (Fiszbein et al, 2009, pp. 48) It is worth noting that conditional cash transfers are gaining popularity recently and many welfare programs are becoming purpose-oriented. Governments and humanitarian donors currently prefer giving funding on condition that the money given will be used for the intended purpose. This means that if the money is intended to finance the girl child education, it has to be used towards that purpose. Using the given money for the unintended purpose is a violation of
Although there are many criticisms that the money spent on conditional cash transfers can be used in other development projects that are more beneficial to the people, CCT has proven to be a successful approach to eradicating poverty without the beneficiaries having to wait for many years. Reports from countries where conditional cash transfer programs have been implemented in the past shows that CCTs are very successful (Fiszbein et al, 2009, pp. 27). The following are some of the key benefits associated with conditional cash