Fundación Paraguaya is a social and self-sustaining enterprise, founded in 1985 and working in the field of microfinance and entrepreneurship in Paraguay. They run entrepreneurial and vocational training for low-income youth, called Financially Self-Sufficient (FSS) School. Within their FSS Schools programme, they actively promote the Homeless World Cup and select participants from across Paraguay.
Fundación Paraguaya currently run four schools in Paraguay which follow the FSS School model, and provide technical assistance to some 50 schools in Latin America and Africa, which are also adopting the model. Football activities are an integral part of the FSS Schools programme due to the popularity of football in Paraguay. More than 300 children and adolescents from very low-income families participate in their sports programmes annually.
Paraguay has an unemployment rate of 5.7% and 22.2% of the population are living below the poverty line(CIA World Fact Book, 2015).
According to the National Department of Housing, it is estimated that 1.1 million houses are required in Paraguay, and that number is increasing. An estimated 43 out of every 100 families live in inadequate housing conditions, according to the Inter-American Development Bank. (Habitat, 2018).
In 2015 Paraguay suffered the worst flooding in 50 years, which forced 130,000 people to flee their homes (BBC, 2015).