Los microcréditos a emprendedores del sector de la bahía “pichincha” en la ciudad de Machala post covid-19.

Abstract

Today, microcredits are essential to support entrepreneurs, especially in difficult contexts such as the one we face post COVID-19. These small loans are designed to help people with few resources who do not have access to the conventional financial system. In our research, we have analyzed how these microcredits have impacted entrepreneurs in the "Pichincha" Bay in Machala, evaluating whether they have managed to contribute to economic reactivation, job creation, and improvement of income and quality of life. Through a descriptive and quantitative methodology, the results show that, despite the clear benefits of microcredits, there are obstacles that limit their effectiveness. We have identified that many entrepreneurs face difficulties due to complicated requirements and a lack of flexibility in payment terms. These problems, together with the lack of regulation and the risk of over-indebtedness, remain significant barriers. These findings highlight the need to review and adjust the conditions of access to microcredits so that they can have a greater positive impact on the economic development of the region. It is also clear that it is crucial to improve the accessibility and flexibility of these loans, as well as to provide better financial support and advice to entrepreneurs. Only in this way can their success be enhanced and the long-term sustainability of their projects guaranteed.