Bach, Switzerland (PRWEB) April 28, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been made to Ariunzul, a small business owner in Ulaanbaatar, in Mongolia.
Ariunzul is married with three young children and lives with her family in an old-fashioned Mongolian felt dwelling called a Ger, that can be easily moved for traditional nomads, but in her case is a permanent structure on fenced land they own.
Her and her husband have been running their own tyre repair shop for the past seventeen years, and have accumulated a good reputation with their vast reputation. She plans to use the money from her microloan donation to purchase new equipment such as pumps, tools, wrenches and compressors, to provide an improved service for her current customers, with the hope of expanding her business.
The Prospero Foundation recognizes this hardworking individual, and is proud to help her strive for 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