Financial KPIs for Evaluating Access to Credit in Ecuadorian SMEs.
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Abstract
Access to credit is fundamental to the sustainability and growth of micro, small, and medium-sized enterprises (MSMEs) in Ecuador. However, these businesses face significant barriers due to strict financial evaluation requirements and a lack of standardized tools to measure their credit performance.
This study aims to develop a KPI-based financial model to facilitate the assessment of access to credit for Ecuadorian MSMEs, employing a documentary approach and the analysis of financial procedure manuals. Sources of financing, credit evaluation methodologies, and key financial indicators for loan approval in the Ecuadorian financial system are examined.
The findings highlight the need for a structured methodology for credit evaluation. As a result, a weighted KPI model is proposed that integrates indicators such as liquidity (30%), debt (20%), profitability (25%), credit history (15%), and operating cash flow (10%). This model seeks to improve transparency in financing processes, optimize credit decision-making, and strengthen the competitiveness of the business sector.
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References
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