Bach, Switzerland (PRWEB) January 31, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is proud to announce that a microloan donation has been made to Ma Luisa, a resident of General Mariano Alvarez (GMA), Cavite in The Philippines.
Aged 45, she is married to Bienvenido, a carpenter. They both work hard to continually provide income to cover the everyday household expenses that arise from providing for themselves and their children. Ma Luisa oversees operations of their tricycle transportation business. They have one tricycle taxi, with driver, that carries up to four passengers to their destinations within the community.
With help from The Prospero Foundation, Ma Luisa plans to buy spare parts, accessories and maintain the safety of their taxi, with the eventual dream of expanding her business so that she can provide her children with a good quality education and give them a better future.
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