Formas de financiación informal de los comerciantes informales en Colombia. Casos: Cúcuta, Ibagué y Villavicencio

Abstract

The objective of this article is to analyze the incidence of informal financing on the economic benefits of informal traders located in Colombian cities of Cúcuta, Villavicencio and Ibagué, during the year 2017. For this purpose, 490 surveys were applied to informal vendors randomly applied informal in those cities, where it is found that most of these people resort to this type of loans to finance working capital activities and not to expand the size of their businesses, assuming high interest rates and daily payments. With this, it is demonstrated that this form of financing did not have a positive effect on the economic benefits of the merchants of these cities. To verify the objective of the research, a cross-sectional econometric model is used, with which only the informal sellers of the mentioned cities are selected and who have some form of financing. The dependent variable is net profit, and the independent variables are informal loans and financing of the banking system.