RT Journal Article
T1 Sustainable finance: The role of savings and credit cooperatives in Ecuador
A1 Segovia Vargas, María Jesús
A1 Miranda García, Isabel Marta
A1 Oquendo Torres, Freddy Alejandro
AB The current world situation leads us to consider that sustainable development needs to be a global priority to ensure the future of the planet and improve the quality of life. There is a need for sustainable finance to sup port this. Savings and credit cooperatives could help to achieve this impact as they serve the microfinance and microlending market. They facilitate the financial inclu sion of the most vulnerable people, most of whom live in rural areas and are members of organizations, such as agricultural cooperatives and associations. Previous studies have focused exclusively on overall profitability, so this paper contributes to extending the literature by analyzing the whole population of savings and credit cooperatives in Ecuador (510 institutions), focusing on their profitability in two ways: the overall profitability necessary for the viability of the business and, in addi tion, the microcredit portfolio profitability, as a specific measure of its contribution to sustainability and social value creation. Another novelty is that the analysis has been carried out using several machine learning tech niques for the wider generalization of the results. These show that size is the most relevant variable for predicting the ROE and that the microcredit portfolio profitability is conditioned by the credit variables.
PB Wiley
YR 2023
FD 2023-09-04
LK https://hdl.handle.net/20.500.14352/87760
UL https://hdl.handle.net/20.500.14352/87760
LA eng
NO Segovia-Vargas, M. J., Miranda-García, I. M., & Oquendo-Torres, F. A. (2023). Sustainable Finance: the role of Savings and Credit Cooperatives in Ecuador. Annals of Public and Cooperative Economics, 94, 951–980. https://doi.org/10.1111/apce.12428
DS Docta Complutense
RD 6 abr 2025