{"id":57201,"date":"2025-01-17T09:00:00","date_gmt":"2025-01-17T14:00:00","guid":{"rendered":"https:\/\/finca.org\/?p=57201"},"modified":"2025-01-19T21:45:43","modified_gmt":"2025-01-20T02:45:43","slug":"prossys-story-with-finca","status":"publish","type":"post","link":"https:\/\/finca.org\/en-ca\/prossys-story-with-finca","title":{"rendered":"From Salon Success to Farming: Prossy\u2019s Story with FINCA"},"content":{"rendered":"\n

Prossy Nalule is not just a successful entrepreneur; she\u2019s also a community leader and an inspiration in Kampala, Uganda<\/a>. But her path to economic independence was anything but easy. Fourteen years ago, as a single mother of two, she left her village determined to build a better future. With nothing but a chair, a litre of shampoo, and two jars of hair relaxer, Prossy set her sights on creating a beauty salon business. Most importantly, she carried with her an abundance of ambition.<\/p>\n\n\n\n

When Prossy learned about FINCA, she saw an opportunity to turn her dreams into reality.<\/p>\n\n\n\n

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I told FINCA the truth, that I don\u2019t have anything, but I want to start a business. FINCA welcomed me. I did not have any collateral or a guarantor. I got my first FINCA loan for 300,000 shillings [about $175 at the time].<\/p>\n<\/blockquote>\n\n\n\n

That initial loan, secured through a Village Banking<\/a>\u2122 group of 50 members, allowed Prossy to open her first salon. Though modest in size\u2014just 400 square feet in a cinderblock building with a tin roof\u2014her salon quickly became a cornerstone of her community. It was a humble but promising start, equipped with garden chairs, a couple of standing hair dryers, and a wall of beauty products.<\/p>\n\n\n\n

Growing Her Business and Empowering Others<\/h2>\n\n\n\n

Over the years, Prossy\u2019s salon has steadily grown. She now employs two women from her community and provides training to young women, empowering them to launch their salons.<\/p>\n\n\n\n

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