Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:

Diaconía Asociación para el Desarrollo del Paraguay (Diaconía ADP) is an NGO founded in 2011 that promotes community development and employment opportunities for lower income Paraguayans by providing financial services and trainings. The organization's motto is "Creer, Aprender y Crecer, motivos para Vivir," which in English means “Believe, Learn and Grow, motivations to Live.”

Diaconía ADP works with more than 2,300 clients, of which the majority are women, in and around the capital city of Asunción. Clients belong to groups called "micro-credit associations," to which loans are distributed and for which trainings are held to create and grow clients’ businesses.

A unique lending approach:

Diaconía ADP has a simple business model that provides microfinance to a portfolio comprised mostly of group loans. Diaconía ADP borrowers have access to professional trainings, which include workshops and vocational courses offered by local governments and private organizations in skills such as baking, sewing, hairdressing, and motorcycle maintenance. Borrowers also have access to personal financial management courses, as well as courses in encouragement and spiritual motivation.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 30, 2018 Oct 12, 2005
Total Loans $194,275 $1,330,802,700
Amount of raised Inactive loans $0 $547,125
Number of raised Inactive loans 0 685
Amount of Paying Back Loans $74,175 $147,970,550
Number of Paying Back Loans 14 195,474
Amount of Ended Loans $120,100 $1,182,285,025
Number of Ended Loans 28 1,522,055
Delinquency Rate 0.10% 10.42%
Amount in Arrears $43 $9,802,012
Outstanding Portfolio $35,825 $94,101,479
Number of Loans Delinquent 1 55,529
Default Rate 0.00% 1.74%
Amount of Ended Loans Defaulted $0 $20,609,355
Number of Ended Loans Defaulted 0 50,258
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,175,709
Refund Rate 0.00% 0.59%
Amount of Refunded Loans $0 $7,878,725
Number of Refunded Loans 0 7,776

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 97.73% 76.40%
Average Loan Size $276 $394
Average Individual Loan Size $0 $609
Average Group Loan Size $4,626 $1,761
Average number of borrowers per group 16.7 7.7
Average GDP per capita (PPP) in local country $8,400 $5,776
Average Loan Size / GDP per capita (PPP) 3.29% 6.82%
Average Time to Fund a Loan 4.03 days 7.13 days
Average Dollars Raised Per Day Per Loan $68.54 $55.26
  Average Loan Term 4.86 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 4 789,496
  Journaling Rate 13.33% 43.17%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.81

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 24.00% PY 25.36% PY
  Profitability (return on assets) 19.1% 2% -1.96%
  Average Loan Size (% of per capita income) N/A 35.00% 12.88%

Country Fast Facts

Field Partner Staff

Evelin Arevalo
Adela Braun
Matias Fariña
Roberto Hernandez
Kelsie Jeon
Judah Mooney