Bach, Switzerland (PRWEB) February 05, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is proud to announce that a microloan donation has been made to Nelson Cesar from the district of Parcona in Peru.
Nelson is a hardworking and enthusiastic 23-year-old man, with a young wife. Sadly, his ambitions to study Mechanical Engineering fell by the wayside due to financial constraints, and so he had to find a job to provide for himself and his wife. With a lot of dedication and a true entrepreneurial spirit, Nelson managed to purchase his own motorized rickshaw with which he travels around his city for many hours a day seeking passengers. His friendly service and dedication has brought him a lot of repeat customers, and he is enjoying his job.
Nelson is very grateful to The Prospero Foundation, thanks to our help he can repair and improve his motorcycle taxi. He wants to paint, put in a stereo, buy new tyres and carry out general maintenance on his vehicle.
He will keep working and striving to make his dreams of owning his own home come true.
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
8806 Bäch, Switzerland
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