Determinantes en el acceso a financiamiento en las microempresas del Ecuador. Provincia de Orellana, cantón Joya de los Sachas. Año 2023

Abstract

Abstract: Financing is essential for the development of microenterprises, especially in cantonal contexts, where entrepreneurs face considerable barriers to access resources. In addition, the economic and social conditions of each region make access to formal credit difficult, which limits the growth of microenterprises and their contribution to development. Therefore, the objective of this study was to analyze the factors that determine access to financing in microenterprises in La Joya de los Sachas, for which a survey was applied to 119 microentrepreneurs, with a mixed approach and a descriptive scope. The results showed that the main restrictions are related to high interest rates, lack of guarantees, inability to pay, excessive bureaucracy in the procedures and lack of business information for the credit provider. All this highlights the need for more inclusive financial products and education programs aimed at entrepreneurs, so that they can manage the finances of their businesses in an orderly manner.