Kiva conducts regular, ongoing monitoring of all Lending 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 Lending Partner All Kiva Partners
  Start Date On Kiva Jul 30, 2018 Oct 12, 2005
Total Loans $1,636,325 $1,959,851,975
Amount of raised Inactive loans $0 $372,750
Number of raised Inactive loans 0 341
Amount of Paying Back Loans $234,275 $157,781,285
Number of Paying Back Loans 74 181,865
Amount of Ended Loans $1,402,050 $1,771,710,075
Number of Ended Loans 408 2,378,176
Delinquency Rate 0.00% 11.74%
Amount in Arrears $0 $11,302,177
Outstanding Portfolio $48,323 $96,293,849
Number of Loans Delinquent 0 50,859
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $32,353,831
Number of Ended Loans Defaulted 0 84,926
Currency Exchange Loss Rate 0.04% 0.49%
Amount of Currency Exchange Loss $2,292 $12,017,791
Refund Rate 0.41% 0.54%
Amount of Refunded Loans $6,700 $10,526,300
Number of Refunded Loans 2 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 98.85% 78.24%
Average Loan Size $211 $392
Average Individual Loan Size $523 $589
Average Group Loan Size $3,480 $1,892
Average number of borrowers per group 16.5 8.3
Average GDP per capita (PPP) in local country $8,400 $5,599
Average Loan Size / GDP per capita (PPP) 2.51% 7.00%
Average Time to Fund a Loan 14.1 days 8.93 days
Average Dollars Raised Per Day Per Loan $14.97 $43.85
  Average Loan Term 4.96 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 180 1,178,858
  Journaling Rate 42.48% 42.23%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 24.00% PY 27.02% PY
  Profitability (return on assets) 12.15% 2% -3.10%
  Average Loan Size (% of per capita income) N/A 35.00% 0.00%

Country Fast Facts

Lending Partner Staff

Gustavo API
Evelin Arevalo
Daniel Basualdo
Matias Fariña
Eunice Gonzalez
Roberto Hernandez
Kelsie Jeon
Judah Mooney
Andrea Regehr
Rebecca Sarubbi