Análisis financiero de los microcréditos otorgados por espoir y su impacto social y económico en la creación y reactivación de pequeños negocios en la ciudad de portoviejo, provincia de manabí, año 2016

Abstract

Microcredits have expanded all over the world with great strength, these are strengthened by the 70s, becoming pillars for the development and economic stability of businesses of different natures. The Espoir Foundation is an operating entity of the Popular and Solidarity Economy itself, which aims to serve the public, offer loans to natural persons, to micro-businesses, and which in the city of Portoviejo was key for the owners of several businesses. However, it is important to mention that according to the natural phenomenon that occurred on April 16, 2016, this program had a very remarkable growth because many of the local microentrepreneurs opted to make these credits to reactivate their economy. In the province of Manabí, 50% of clients and 43% of ESPOIR's credit portfolio were concentrated. The purpose of this study was to determine the social and economic impact of the loans granted by the Espoir Foundation to the business owners of Portoviejo for its reactivation and continuity of activity. It was possible to determine the current situation of the businesses, as well as the position of them when being consulted for the benefits obtained through the credits they acquired in the Espoir Foundation, making it clear that not only the money counts but the predisposition of the owner of the business to maintain or reactivate its activity in conjunction with the advice of the Foundation's collaborators. So it is valid to say that the negative effect of a disaster with sufficient tools and resources is proactive for business, as it provides the opportunity to take advantage of new markets and customers and retain those who already had