Abstract

The legal framework of the Colombian financial sector establishes credit establishments to support large organizations and small business units with few opportunities to access this resource. However, the law that pushes for the financial strengthening of these small enterprises with low amounts in the country is still low, in ignorance of its important impact, especially in developing countries. Since the regulations, credit has been considered one of the resources that impact the development of enterprises, so primary information presents the impact that financing has had in a region of the republic’s capital. A descriptive and correlational study evaluated the influence of financing on aspects related to investment and working capital, quality of life and local economic development based on the perception and realities of microentrepreneurs. The results show that the participants have, at some point, acquired a loan, which has impacted the invasion of working capital, showing the need to strengthen the regulations that guarantee this right of citizenship to financial resources

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