Bach, Switzerland (PRWEB) April 30, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is excited to announce that a microloan donation has been made to Andranik, a university student in Yerevan, Armenia.
Andranik is from a poverty stricken family who are finding it hard to meet the financial costs of his higher education and have reached a point where they may need him to leave full time study in order to seek employment to support the family. The microloan donation will relieve considerable financial stress from the family and allow him to focus on his future and eventually raise the standard of living for himself and his parents.
The Prospero Foundation is excited to put into practice its ethos of helping future generations to reach their full potential without the burdens of financial pressure.
About Educational Micro-lending with The Prospero Foundation
Through partnerships with local lending institutions, the Prospero Foundation contributes capital for the purpose of providing loans to support the education of students in developing nations. Through these partnerships, the Foundation helps exceptional and hard-working students continue or complete their education in a specific field. The chosen fields will ideally be ones that will eventually benefit the community as a whole.
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