Expanding Opportunity for Farmers in Paraguay

Mark Coffey (center) meets with a group of 75 Paraguayan farmers. These farmers have formed an association that sells to BioExport. They have also banded together to purchase the tractor pictured. They are hoping that their livelihoods will improve, and that they can one day become a cooperative. Photo © Global Partnerships.

Mark Coffey (center) meets with a group of 75 Paraguayan farmers. These farmers have formed an association that sells to BioExport. They have also banded together to purchase the tractor pictured. They are hoping that their livelihoods will improve, and that they can one day become a cooperative. Photo © Global Partnerships.

Last week I traveled to Paraguay to meet with social enterprises, agricultural producers and a government official as part of our research into new investment opportunities. Nearly a quarter of Paraguay’s population lives below the poverty line, but the country’s underdeveloped economy is currently experiencing rapid economic growth. With this kind of growth comes the chance to catalyze and expand opportunity for people living in poverty. As I flew over much of the small, land-locked country in a tiny Beechcraft plane, I noticed the flatness of the land, its many rivers, and the countless tracts of well-watered but unused farmland. It is evident that Paraguay’s agricultural sector has tremendous potential for growth.

Social enterprises

During my five days in Paraguay I was able to visit four social enterprises:

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