Diaconía Asociacion para el Desarrollo de Paraguay (Diaconía ADP)
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 | $2,003,350 | $2,017,905,110 | |
Amount of raised Inactive loans | $0 | $357,275 | |
Number of raised Inactive loans | 0 | 176 | |
Amount of Paying Back Loans | $273,650 | $157,974,050 | |
Number of Paying Back Loans | 91 | 190,165 | |
Amount of Ended Loans | $1,729,700 | $1,822,317,985 | |
Number of Ended Loans | 515 | 2,448,909 | |
Delinquency Rate | 0.34% | 12.69% | |
Amount in Arrears | $571 | $12,319,588 | |
Outstanding Portfolio | $32,567 | $97,105,837 | |
Number of Loans Delinquent | 1 | 71,382 | |
Default Rate | 0.00% | 1.83% | |
Amount of Ended Loans Defaulted | $0 | $33,320,922 | |
Number of Ended Loans Defaulted | 0 | 87,367 | |
Currency Exchange Loss Rate | 0.11% | 0.48% | |
Amount of Currency Exchange Loss | $3,779 | $12,416,364 | |
Refund Rate | 0.33% | 0.54% | |
Amount of Refunded Loans | $6,700 | $10,929,050 | |
Number of Refunded Loans | 2 | 9,661 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 99.08% | 78.39% | |
---|---|---|---|
Average Loan Size | $206 | $392 | |
Average Individual Loan Size | $523 | $586 | |
Average Group Loan Size | $3,372 | $1,906 | |
Average number of borrowers per group | 16.4 | 8.3 | |
Average GDP per capita (PPP) in local country | $8,400 | $5,594 | |
Average Loan Size / GDP per capita (PPP) | 2.45% | 7.01% | |
Average Time to Fund a Loan | 13 days | 9.06 days | |
Average Dollars Raised Per Day Per Loan | $15.81 | $43.31 | |
Average Loan Term | 4.89 months | 11.48 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 186 | 1,204,657 | |
---|---|---|---|
Journaling Rate | 33.96% | 41.97% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.56 |
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 | 26.44% PY | |
---|---|---|---|---|
Profitability (return on assets) | 12.15% | 2% | -1.28% | |
Average Loan Size (% of per capita income) | N/A | 35.00% | 0.00% |
Country Fast Facts
- Country:
- Paraguay
- Capital:
- Asuncion
- Official Language:
- Spanish (official), Guarani (official)
- Population:
- 6,703,860
- Avg Annual Income:
- $8,400
- Labor Force:
- agriculture: 26.5%, industry: 18.5%, services: 55%
- Population Below Poverty Line:
- 23.80%
- Literacy Rate:
- 93.90%
- Infant Mortality Rate (per 1000):
- 20.75 deaths
- Life Expectancy:
- 74.21 years
Lending Partner Staff
Gustavo APIEvelin Arevalo
Daniel Basualdo
Matias Fariña
Eunice Gonzalez
Roberto Hernandez
Kelsie Jeon
Judah Mooney
Andrea Regehr
Rebecca Sarubbi