“Proyecto de creación de una caja de ahorro y crédito, para la parroquia Punín, cantón Riobamba, año 2022”

Abstract

Despite the presence of financial institutions in the province of Chimborazo, such as banks (7), cooperatives (78), and savings banks (32), there is a sector that needs help to get any credit. This sector corresponds to individuals from the lower class in the Punín-Riobamba parish, who are seeking a financial institution that can provide them with credit facilities backed by accurate and accessible guarantees and savings plans to secure their working capital. With this background, the study aimed to conduct an administrative, financial, and operational feasibility study for a savings and credit union in the Punín parish of the Riobamba canton. A mixed research methodology was employed, combining qualitative analysis through the descriptive approach and quantitative assessment through a survey administered to the study population. The main results indicated that 75% of the population believes it is an excellent idea to create a savings and credit union in the parish, which supported the development of the feasibility study. The study involves six phases: Phase 1: Situational Diagnosis, Phase 2: Market Study, Phase 3: Technical Study, Phase 4: General Company Information, Phase 5: Administrative Management, and Phase 6: Financial Management. In conclusion, the study meets the technical, economic, and social requirements for the creation of the savings and credit union, as evidenced by a Net Present Value (NPV) of $99,577.75 and an Internal Rate of Return (IRR) of 16.2%, which exceeds the internal rate of return. This percentage demonstrates the feasibility of this study, whereas the project's investment can be recovered in three years.