Procolombia announced a fund for $ 20 mn to support Colombian SMEs

Procolombia announced that the Andes Plus Fund I, which has an initial capital of $ 20 million, will benefit Colombian and Peruvian SMEs with resources from a Dutch development fund. The resources are designed for inclusive companies that work towards the improvement of underserved, vulnerable or low-income populations in their value chains. According to Jaime Ramírez, managing partner of Andes Impact Partners (AIP), managers of the Andes Plues Fund I, they are seeking to increase the fund from $20 to $50 million.

Source: La República