Cooperativas de ahorro y crédito en Ecuador: el desafío de ser cooperativas

In the Republic of Ecuador, the current financial system consists of public and private institutions, as well as processes of popular and solidarity economy, showing a clear differentiating element. All these policies are governed by the same regulations based on their financial intermediation activity. Hence the need to analyze the current financial system and its purposes both in the banking system, as well as in the savings and credit cooperatives sector. For this purpose, its taxonomy of inconsistencies is elaborated as a result of the application of similar regulations despite the fact that its origin and corporate purpose are conceptually different. For this, an analysis of the existing information is carried out in the segment of the largest credit cooperatives sector to their assets, in relation to the need to generate added value in the application of responsibility processes social cooperative under principles of solidarity and ethics in companies of the associative sector of common property. It is evident that social commitment affects financial results, but in turn, improves management in the incessant search for the common well-being of partners, natural environment and society.