Blooming Roots: Fund for the Reactivation and Reconstruction OF
Providencia and Santa Catalina (ACTIVE)
Blooming Roots: Fund for the Reactivation and Reconstruction of Providencia and Santa Catalina (FRP) closed in March 2022. This first-of-its-kind fund provides support in the reconstruction of businesses of Colombia’s Providencia and Santa Catalina Islands affected in November 2020 by Hurricane Iota, a devastating Category 4 tropical cyclone.
The Fund is sponsored by Banco de Comercio Exterior de Colombia -Bancoldex, the United Nations Development Programme, as anchor investors, and managed by AMPLO Inversión de Impacto (AMPLO) and GBF.