Bach, Switzerland (PRWEB) February 26, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been made to Frank in Huancayo, Peru.
Frank is an exemplary young man who, based on his effort and enthusiasm, started a professional degree at the State University. By day, he carries out several jobs with which he pays for his studies, and provides for himself and his parents and siblings, whilst still finding time to study at night.
One of his jobs is as a taxi driver, using the car he purchased with savings from his previous jobs. He transports passengers in the El Tambo district he lives in. He plans to use these funds to service the car and improve its condition.
The Prospero Foundation is proud to help this remarkable young man ease some of his current worries so that he can concentrate on his studies and reap the rewards of these years of stress and fatigue when he becomes a self-made engineer.
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