This study was aimed at establishing strategies used by the local community to participate in the monitoring and evaluation of Constituency development fund projects and loan disbursement. The specific objectives were to establish levels of local community participation in monitoring and evaluation, to evaluate the effectiveness of strategies used in monitoring and evaluation of CDF loans, and to ascertain limitations of Monitoring and Evaluation of the community after obtaining loans from the local council. The study used a descriptive design and incorporated Primary and Secondary sources of data.  The target population for the research was 250, from which the sample size of 150 was arrived at. Purposive and systematic sampling was employed in data collection and analysis using qualitative methods. The study found that community members were actively involved in the monitoring and evaluation of loan disbursement. Furthermore, the local authority developed a tracking system for all loan beneficiaries in the study area. It was observed that 65.95% of the participants believed that the tracking system was very effective in tracking every beneficiary in the area. However, 35.05% answered in the negative and attributed it to political influence. The study concluded that monitoring and evaluation tools were effective in tracking, monitoring, and evaluating loan performance by the beneficiaries. There was a need for Lusaka City Council to  sensitize the public on the importance of CDF System Management through radio, TV, and posters so that the attitudes improve from good to at least best.