Entrepreneurs We've Helped

Name: Sylivia Mukasa's Group

Location: Mityana, Uganda

Activity: Beauty Salon

Loan Used: More braids, weave-ons, shampoos and chemicals for re-sale

Description: Sylivia Mukasa is a very friendly person with a salon business called Mama Emmanuel?s Beauty Salon that is doing well since its inception 10 years. She is 32 years old and married with 3 children. In her salon, she makes braids, does weaving, shampoo and set, retouch and all kinds of treatments and this diversification has helped her a lot in her business success. Through being able to save, Sylivia has been able to buy a plot of land on which she plans to construct commercial houses. She has been able to educate her children and she hopes to take them much further in education. Sylivia plans to use her share of this loan to buy more braids, weave-ons, shampoos, and chemicals for her business.

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.