Determinantes en el acceso a financiamiento en las microempresas del Ecuador, en el Cantón Yacuambi, Provincia de Zamora Chinchipe, año 2025

Abstract

Abstract: The project analyzed the determinants of access to financing for microenterprises in Ecuador, with the objective of identifying the main barriers that condition their development, focusing on the Yacuambi canton. A descriptive and analytical methodology was applied, based on the collection of bibliographic information from official sources in the country, and field techniques applied to microentrepreneurs through surveys. The results showed that microenterprises represented more than 90% of the business sector, although with low productivity and competitiveness. 90% of microenterprises needed financing, with production loans with long-term collateral predominating. The main barriers to accessing credit were the lack of collateral, followed by the inability to pay, and finally, the length of time the business has been operating. The main factors in choosing a bank were trust, accessibility, and prestige. In conclusion, savings and credit cooperatives gain greater prominence by having a local bank branch, unlike other institutions. This, in turn, fosters the sustainable growth of microenterprises.