La Ley Orgánica de Economía Popular y Solidaria y la Cartera de Crédito en la Cooperativa de Ahorro y Crédito “Financredit Ltda.” de la ciudad de Ambato”

Abstract

The 45% of companies have the problem of nonperforming loans, being mostly second micro and small and medium term businesses. Although this problem also occurs in large organizations, the effect on microenterprise is greater because not have the financial backing to solve in the short-term illiquidity. Obviously, the problem of nonperforming loans primarily arises when a company provides credit to its customers without adequate analysis of their credit policies and / or lack of control and surveillance of the portfolio. However, there is also an independent risk to the ability of the Company to fix their credit and collection policies represented by circumstantial and particular conditions that result in customer credit maturity. Despite the risk that the lending represents in terms of costs, a necessary policy supports and encourages sales and business development achieved in the medium and long-term customer. Here, the target C.C.V. It is to recover the debt of these accounts receivable and maintain or increase customer sales that are reflected in the profitability of the organization and be able to identify and control the percentage of customers who may represent a cost for insolvency. However, the establishment of credit policies based on a preliminary analysis is carried out in most cases, in large organizations, while the micro and small enterprises is almost nonexistent. Hardly the entrepreneur determines the cash flows they must incur to grant credit, does not calculate the costs of credit management does not analyze the opportunity costs arising from lost sales to deny credit, does not consider the effect of Revenue from the possibility of charging a higher price; ignores the probability of default by customers, among others. It is in this context that an excessive nonperforming loans generated significant financial problem for the organization is generated.