Financial transparency is important to Marvellous Mandara because it helps to build trust between us and our members. When members know where their money is going, they are more likely to be supportive of the Marvellous Mandara and its activities. Financial transparency can also help to prevent fraud and corruption.

Here are some of the benefits of financial transparency in the Marvellous Mandara programme:

• Builds trust: When members know that Marvellous Mandara is being financially responsible, they are more likely to trust the programme and its leaders. This can lead to increased participation in activities and a stronger sense of community.
• Prevents fraud and corruption: When financial information is transparent, it is more difficult for people to commit fraud or corruption. This can help to protect the programme’s assets and ensure that its funds are used for the benefit of the community.
• Increases accountability: Financial transparency can help to increase accountability within the programme. When members know how Marvellous Mandara is spending its money, they are more likely to hold the leaders accountable for their decisions.
• Attracts new members: When potential members see that Marvellous Mandara is financially transparent, they are more likely to want to join. This can help to increase our membership numbers and our ability to provide services to the community.

There are a number of ways we aim to promote financial transparency within the Marvellous Mandara programme. Some of these methods include:

• Publishing an annual budget: Marvellous Mandara will publish an annual budget that outlines its income and expenses. This budget will be made available to all members.
• Holding regular meetings: We will hold regular meetings where members can ask questions about the finances.
• Providing financial information online: Marvellous Mandara will make our financial information available online so that members can easily access it.

By promoting financial transparency, we can build trust, prevent fraud and corruption, increase accountability, and attract new members. These benefits can help Marvellous Mandara to better serve our community.