Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Study of the State of Microenterprise Financing in Colombia

Author(s): Palacios Rozo, Jairo Jamith, Due�as Pe�a, Alex, Barbosa-Guerrero, Simanca H, Amaya Cocunubo, Iv�n Fernando

 The financing of microenterprises is a factor that worries their managers and administrators, since they do not have the backing of ordinary financial institutions. However, they have encountered leverage different from traditional banking that call attention to the impact it has had on their working capital and sustainability of productive processes. What is presented in this paper is the result of a descriptive study with a mixed approach where a review of specialized literature that provides the theoretical context of the research is combined with the use of numerical data that allowed to appreciate and interpret the perceptions of the 300 micro entrepreneurs located in the city of Bogota, Colombia. The study was able to establish that in the city of Bogotá there is a diversity of sources of leverage in the operation of the microenterprise production process, and that the impact of this financing is related to working capital, investment and improvement of competitiveness.

Get the App