The laws and rules that govern will change from state to state, state to federal, country to country.

If the government further tampers with the situation in any way, the problem will only be exacerbated. 

What would be the biggest challenges or hurdles to making it happen (e.g. infrastructure, safety, government support)?

I never like working with government entities and their bureaucracy. 

A conventional loan by definition is a loan that is not an insured government loan.

I am mostly local, using driving for dollars, reverse driving for dollars, and government lists. 

The investment is very risky, especially given that Paraguay's credit rating is junk and (even for lending to the government) so investing  there would be reckless for most investors any you would have to make that very clear, possibly in contradiction with your pitch deck.2.

The podcast you mention is referencing (i) Freddie Mac Small Balance Loans ("SBL"), and (ii) Fannie Mae Small Loans, which are essentially government-backed CMBS loans. 

Some areas have conservation easements , you may cut a deal with the local government where if you put a restriction on the property to let it go natural they may pay you . 

Still, good news.But then something happened, government COVID intervention, where we printed $10 Trillion and injected that intravenously into the economy’s carotid artery.