Antibes, France (PRWEB) May 11, 2015
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been made to Alejandra, who sews clothes in El Torno in Santa Cruz, Bolivia.
At the age of 36, and with two young children, Alejandra has worked hard to build up her business, and has reached the point that she is in such high demand she cannot keep up with the work she’s be doing manually. Her plan is to purchase a sewing machine in order to complete all her orders, and subsequently, be able to seek new customers.
The increased profits she will make will be ploughed back into her business, thereby creating greater revenues, which will provide her family with a higher quality of living.
This is exactly the entrepreneurial spirit that Ulrik DeBo, and The Prospero Foundation thrive on encouraging.
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
Prospero EnFrance (Registration No: W061004154)