Museveni speech at the launch of the Federation of Uganda Salon Operators and Beauty Professionals

Establish a revolving fund for salon operators, implemented via Savings and Credit Co-operative Organisations (SACCOs). The plan is to allocate Shs100 million annually to each of the estimated 850 SACCOs, amounting to Shs85 billion total. This capital will be lent to members for productive use at minimal interest and repaid over short, applicable periods.

Promise Tracking Details

Indicator (K): Establishment and initial capitalisation of the revolving fund at the full Shs85 billion level, tracked by the cumulative number of salon operators receiving credit and the average loan repayment rate achieved by participating SACCOs.
Target (L): Distribution of Shs100 million to the approximately 850 designated SACCOs.
Delivery Method (M): Programme / Project rollout, Policy / Directive issued, Budget allocation / Appropriation
Sub-sector (I): Small & Medium Enterprises (SMEs) support
Location/Context (D): Rally / Public event – physical campaign event
Source Type (C): Campaign Speech
Evidence Links (P): View evidence
All promises