Bach, Switzerland (PRWEB) January 30, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is proud to announce that a microloan donation has been made to Danna Stephanie, in Cochabamba, Bolivia.
Danna is 22 years old, and currently living at home with her parents while she completes her undergraduate degree studying law at the local university.
At the beginning of her studies, her parents contributed to her fees, but suffered financial hardship and had to withdraw their help. As a result Danna took a full time job as a taxi-driver during the day while studying at night. She used her salary to pay her university fees and purchase her own car to increase her earnings.
With help from The Prospero Foundation she will be able to perform essential maintenance and repairs on her vehicle, ensuring safety for her and her passengers, and allow her to continue paying for her studies to reach her dream of becoming a lawyer.
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