The performance of enterprises financed by the Crédito de Desarrollo Humano (CDH) in Ecuador
Keywords:
Microcredit, Profits, Human development bonus, MIES, EcuadorAbstract
http://doi.org/10.5281/zenodo.7415902
The Human Development Credit (CDH) is a mechanism created by the Ecuadorian government as a complementary program to the Human Development Bond (BDH), whose objective is to create financial autonomy for the beneficiaries of the bond. The objective of this paper is to evaluate the real destination of the CDH and its impact on the performance of the enterprise. In addition, it is required to know if the beneficiaries of the program of interest comply with the purpose established by the MIES through this program. This research makes use of the documentary information available in the records of the Ministry of Economic and Social Inclusion about the beneficiaries of the BDH and the CDH; additionally, the methodology of exploratory analysis is used for which 242 surveys were conducted with beneficiaries of the microcredit granted by the State. The research population is located mainly in the urban parishes of Loja canton. In addition, with the application of the Kruskall-Wallis test, profitability variables and credit destinations are crossed, it was determined that the yields vary according to the sector where the investment is made, likewise, that the manufacturing industry is the one that grants better returns in relation to the other activities, while the destinations such as animal husbandry, agriculture among others do not grant significant differences, in addition there is a concentration in the activity of animal husbandry. Also, it is important to mention that not all respondents reported having started a business; that is, the money was not used in the generation of a business, but was used in activities such as debt repayment, purchase of electronic equipment, among others.
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Copyright (c) 2022 Johanna Maribel Ochoa Herrera, Roosbelt Brayan Maza Chamba, Julio César Granda Pardo, Jesús Raquel Padilla Andrade, Lennin Ernesto Peláez Moreno, Diana Paola Morocho Pasaca
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