Microcredit Life Expectancy of Small and Medium Enterprises

Abstract

The study of microcredit is important since it can be considered the continuity or the life expectancy of Small and Medium Enterprises (SMEs), however it is necessary to make an analysis of the integration of the cost of microcredit, this benefits decision making. According to Román (2015), financial costs are those incurred by the company as a result of acquiring financing through debt for the development of the business and operations. In the present investigation of mixed type of documentary scope, institutions regulated by the Mexican Financial System that grant microcredit are identified, the elements that make up the microcredit promoted in their portals on the web were reviewed and a cost comparison was made considering the same amount. granted, in this way the best option can be selected. The periods of consideration of the costs that make up the microcredit are until 2022, the most outstanding results is that the most convenient microcredit in its cost for SMEs corresponds to those granted by cooperatives and solidarity funds.