Riesgo y sostenibilidad financiera en la cooperativa de ahorro y crédito Vicentina Manuel Esteban Godoy Ltda. Periodo 2003-2024

Abstract

Abstract: The main objective of this study is to analyze how financial risks (indebtedness, delinquency, and liquidity) affect the financial sustainability of the Vicentina Manuel Esteban Godoy Ortega Ltda. Savings and Credit Cooperative during the period 2003 2024. To this end, a quantitative, non-experimental study was conducted. Data from the Superintendency of Popular and Solidarity Economy and the Central Bank of Ecuador were used in the analysis; subsequently, descriptive statistics, Pearson s correlation, and multiple linear regression were performed using the JASP and Excel software programs. The results indicate that the cooperative showed continuous growth in its assets and liabilities. Furthermore, variables such as delinquency and indebtedness were negatively correlated with ROE, while liquidity was positively correlated; however, none of these correlations were statistically significant. On the other hand, in the multiple linear regression analysis, the model showed a limited ability to explain variations in ROE. Therefore, it was concluded that the cooperative s financial sustainability is explained both by the variables analyzed and by other factors not considered in the model.