Diseño planificación financiera a la Cooperativa de Ahorro y Crédito Unión Ferroviaria Ltda., de la ciudad de Riobamba, provincia de Chimborazo, periodo 2020-2024

Abstract

The present research work was based on the elaboration of financial planning, which allows the optimization of the results of Unión Ferroviaria LTDA savings and credit union, of the city of Riobamba, Chimborazo province in the periods 2020-2024. By applying information and data collection techniques, such as a survey of its collaborators, an interview with its manager, and the analysis of financial statements, we were able to make important findings that affected the financial performance of the cooperative. The high delinquency rate and almost zero portfolio recovery rate directly influenced the cooperative's low liquidity, preventing it from generating more loan placements and therefore lower income. All these parameters were added to the fact that the cooperative depended on the discount in payment roles to the railroad workers from a public company that went into liquidation in March 2020. In addition, the global pandemic increased the unemployment rate and income of the members. In the beginning, it was proposed that the institution enters into a process of liquidation or absorption by another cooperative. However, after an exhaustive analysis, two alternatives were proposed within the financial planning that, if applied, it will allow the cooperative to reduce its overdue portfolio, increase credit placement, reduce unnecessary operating expenses, preserve its administrative autonomy and, above all, obtain higher profits that will allow it to grow in Ecuador's cooperative sector