Determinantes en el acceso a financiamiento en las microempresas del Ecuador, provincia Zamora Chinchipe

Abstract

Abstract: The objective of this degree work is to analyze the determining factors that influence access to financing in microenterprises in Zamora Chinchipe during the period 2023. The study is descriptive with a qualitative approach, whose Results are obtained through a questionnaire applied to 116 microenterprises in the province. The main results indicate that the main reasons why entrepreneurs do not get credit approval are: the high level of current debt, failure to pay previous obligations, request for amounts greater than the payment capacity and short operating time of the business. These factors prevent microenterprises from obtaining resources from the formal financial institutions in the locality. On the other hand, some of the factors that determine access to financing are: the sector of the company, the years it has been in the market and the amount of resources it currently has.