Niveles de educación financiera en las organizaciones de comercio justo: El caso de Fapecafes en la región sur del Ecuador. 2018

Abstract

The objective of this research determines the levels of financial education in the partners of FAPECAFES, an organization of popular and solidary economy of Ecuador whose social and business dynamics are interesting for the study. The analysis focuses on the dimensions knowledge, behavior and financial attitude within the assessment of financial education in the organization. Applying a survey called ENFIN and considering the recommendations of OECD established the financial education levels of the partners. The results indicate that these levels are low, especially regarding knowledge and financial behavior. Only the seven percent have high level from financial education. The study also shows that although the results are not very encouraging on the financial issue, these people already show a horizon aimed at saving and financial planning towards the future thanks to their past experiences, which is why it is recommended to start an education process and awareness.