Analysis of Microcredit as an economic option for members of the Mushuc Runa Ltda., Savings and Credit Cooperative, Machachi Branch

Abstract

This research focused on evaluating the effectiveness of microcredit as an economic option for the members of the Mushuc Runa Ltda., Savings and Credit Cooperative, Agencia Machachi. Using a mixed approach and descriptive-correlational methodology, documentary and field analyzes were carried out, which included interviews with managers and surveys of partners with microcredits. The results offered a complete diagnosis of the impact of microcredits, identifying key factors such as the amount requested, economic situation, and training in finance and marketing. These elements significantly influence the possibility of acquiring future microcredits. Concluding, the relevance of detailed understanding of the conditions and terms of microcredits was highlighted so that partners make informed decisions aligned with their financial objectives and needs