ABSTRACT: This study was conducted in Kishapu district in the year 2015 to assess the performance of development catalyst funds. Specifically the study intended to identify Constituency Development Catalyst Fund (CDTF) projects and to examine the performance of the CDCF projects. The study sampled 116 respondents and used questionnaire, focused group discussion and interview schedule to collect data. Data were analyzed through descriptive and inferential statistics using Statistical Package of Social Science (SPSS) and STATA. Results showed that, a number of projects were funded by CDCF. In general, the study found good performance of Constituency development catalyst Funds. The study, therefore recommended that local community should be involved in identification of the projects and also funds should be focused on few and big projects that bring tangible impact in reducing poverty.