Bach, Switzerland (PRWEB) June 22, 2012
The Prospero Foundation, founded by Ulrik DeBo of Debondo Capital, is proud to announce that a micro-loan donation has been made to a motorcycle mechanic in Paraguay.
Señor Roberto is married with one young son, and lives in the city of Pilar in Paraguay. He is a hardworking member of the community, who is well liked and respected.
He says that all his hard work is entirely to give his son a dignified lifestyle, free from want and need. As for business, he says that he has a well-established client base as he is responsible and does a good job.
The Prospero Foundation, by way of a microloan, donated funds to help him buy spare parts and accessories in order to generate more income in his workshop and increase his business.
About Micro-lending with The Prospero Foundation
Through partnerships with local lending institutions, the Prospero Foundation contributes capital for the purpose of small business loans to these micro-entrepreneurs in developing nations. Through these partnerships, the Foundation helps small business people such as farmers, shopkeepers, and artisans build their businesses and in turn stimulate economic development in their communities.
About The Prospero Foundation
The Prospero Foundation is a private, international charitable foundation founded by Ulrik DeBo. Mr. DeBo, a lifelong entrepreneur, whose upbringing and eventual success in the finance industry, through his company DeBondo Capital Ltd, gave him the relevant experience and insight required.
The foundation is run by a global network of entrepreneurs, who raise funds privately amongst their business contacts, and choose to invest them using a 'pay-it-forward' philosophy to focus on charitable projects that promise to perpetuate a chain reaction of positive growth opportunities for individuals and local communities for generations to come.
It is a foundation that empowers citizens to help themselves and those around them.
For additional information, please visit http://www.prosperofoundation.org