Determinantes en el acceso a financiamiento en las microempresas del Ecuador, provincia del Azuay, cantón Gualaceo, año 2023

Abstract

Abstract: The general objective of this research is to analyze the determinants that influence access to financing for microenterprises in the Gualaceo canton, Azuay province, during 2023. The study examines the economic, operational, and perceptual conditions that determine the possibility of obtaining credit from the financial system. To achieve this objective, a mixed-methods research approach was applied, with a descriptive focus. The sample for this study consists of the 54 microenterprises in the Gualaceo canton. Characteristics such as number of employees, economic sector, and size were considered in their selection. The data collection instrument used was a structured survey. The results obtained show that the determinants of credit approval depend on income levels, repayment capacity, operating time, availability of collateral, and credit history. Finally, it is concluded that understanding these determinants helps to understand why micro-entrepreneurs had difficulties accessing financing, thus highlighting areas where improvements can be made.