To develop and implement practical, innovative and sustainable solutions, which eliminate poverty and create decent living conditions for every family.
A world without poverty where we all want to live.
What We DoFundacion Paraguaya is a self-sufficient, non-profit social enterprise, which since its foundation in 1985 has spearheaded microfinance and entrepreneurship in Paraguay.
Our goal is to eliminate multidimensional poverty and create decent living conditions for families through four inter-related strategies:
1) A microcredit program;
2) An entrepreneurial education program for children and youth;
3) A financially self-sustainable farming high-schools program;
4) Poverty Stoplight, an innovative framework for activating the potential of individuals, families, and communities to tackle poverty.
The goal of eliminating multidimensional poverty is woven into every activity we do, whether it's microfinance to alleviate income poverty, entrepreneurship training to teach children and youth how to avoid poverty traps, or financially self-sustainable education that breaks down cost barriers for students to stay in school.
To do this, we have developed the Poverty Stoplight, a framework that allows our clients and their families to self-diagnose their situation and develop their own poverty-elimination strategies, based on their motivation and skills.
This Poverty Stoplight has been implemented in 29 countries through our different partners. It is used in various settings, including governments, NGOs, and private businesses. We help organizations from all over the world to adopt the Poverty Stoplight and empower their employees, clients or beneficiaries to overcome poverty.