Bach, Switzerland (PRWEB) January 17, 2013
The Prospero Foundation, founded by Ulrik DeBo of DeBondo Capital, is proud to announce that a microloan donation has been made to Donald in Kitintale, in the Kampala South region of Uganda.
Donald is 30 years old, married with two school-aged children, and has been working hard to run the medical clinic he opened three years ago.
Currently, the clinic is the only source of medicine and medical supplies for the local community, but with the financial constraints of a poverty-ridden country burdened with poor infrastructure, it is not easy to keep it stocked or maintain a healthy profit.
With help from The Prospero Foundation, more medicine and supplies will be purchased, with a view to increase profits and eventually cycle the money back into the clinic expanding and improving it. The eventual aim is to have a fully operational medical centre with trained medical professionals being employed to treat those in need.
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.
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