Abstract

BARBOZA-NAVARRO, David; SOLORZANO-THOMPSON, Johanna  and  PANIAGUA-MOLINA, Javier. Efecto de la morosidad sobre la rentabilidad en una Institución microfinanciera de Costa Rica: Propuesta de un modelo financiero. Tecnología en Marcha [online]. 2023, vol.36, n.2, pp.59-74. ISSN 0379-3982.  http://dx.doi.org/10.18845/tm.v36i2.6107.

The effect of default in loan portfolios on the profitability of a Microfinance Institution was analyzed through fundamental analysis with projection of financial statements, awareness of the profitability indicator and formulation of macroeconomic scenarios with increases in the cost of financing. The results show the counterproductive effect on profitability of high default rates, although the company's business model is robust enough to cope with persistent increases in default. Strengthening operational strategies and promoting research in Costa Rican and Latin American microfinance industry is essential to improve its performance and financial inclusion.

Keywords : Finance; fundamental analysis; econometrics; financial inclusion; management.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )