It was founded on September 24, 1914,[3] coinciding with the festivity of the Virgin of Mercy, patron saint of the community.

As of 2023, it plays in División Intermedia, the second division in the Paraguayan football league system, after finishing second in the 2022 Primera B Metropolitana.

The title of champion of the Liga Aregüeña de Fútbol in 1968 was obtained undefeated,[1] that same year they reached the finals of the Cuarta Región Deportiva, facing Martín Ledesma, finally finishing as runner-up.

They returned to conquer the Liga Aregüeña de Fútbol in 1973, as well as in 1978, that same year they also won the title of champion this time on the Quinta Región Deportiva, defeating Olimpia of Itauguá in the final, thus becoming the first club from Aregüa to get that regional title.

The club plays at home in the Estadio Próculo Cortázar, which has a capacity for about 2,500 people.