Bach, Switzerland (PRWEB) July 10, 2012
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is pleased to announce that it has partnered with Bai Tushum and Partners to provide microfinancing solutions for Kyrgyzstani entrepreneurs, in keeping with its commitment to help people in developing nations.
Kyrgyzstan is a small country with a population of only 5.5 million people in Central Asia. Key sectors of the economy are: agriculture, mining and processing, manufacture and distribution of electric power, construction sector and trade.
After gaining independence from the Soviet Union in 1991, the political and economic transition of Kyrgyzstan was complicated. Economic challenges remain high and the political situation is unstable.
Bai Tushum and Partners is one of the leading microfinance institutions in the Kyrgyz Republic. Its mission is to be a reliable financial partner that contributes to the economic development of the Kyrgyz Republic, through the delivery of microfinance services that increase employment and meet the interests of clients and investors. Bai Tushum and Partners has over 32,000 active clients and was the first microfinance company in the country to obtain a deposit license.
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