Reliability in the Creation, Destruction and Mobilization of Debts and Savings

Romero Carazas, Rafael; Dávila, Susana; Gutierrez Chagua, Indira Agny; Vallejos Tarrillo, Fanny; Chávez-Díaz, Jorge Miguel; Espiritu Martinez, Antony Paul; Gomez-Perez, Katerine Karen; Mayta-Huiza, Dora Amalia

doi:10.55908/sdgs.v11i2.635

Reliability in the Creation, Destruction and Mobilization of Debts and Savings

Author(s)

Romero Carazas, Rafael

Federico Villarreal National University

Dávila, Susana

Universidad Peruana Unión

Gutierrez Chagua, Indira Agny

Universidad Peruana Unión

Vallejos Tarrillo, Fanny

Universidad Peruana Unión

Chávez-Díaz, Jorge Miguel

Universidad Nacional Autónoma Altoandina de Tarma

Espiritu Martinez, Antony Paul

Universidad Nacional Autónoma Altoandina de Tarma

Gomez-Perez, Katerine Karen

Universidad Nacional de Moquegua

Mayta-Huiza, Dora Amalia

Universidad Nacional de Moquegua

Date Issued

28 de julio de 2023

Type

Article

Publisher

FACMED - Faculty of Medical and Juridical Sciences

Volume

11

Issue

2

Series/Report No.

Journal of Law and Sustainable Development

Contained in

Journal of Law and Sustainable Development

DOI

10.55908/sdgs.v11i2.635

ISSN

2764-4170

Abstract

Purpose: The governments that most influence the direction of the world economy have been inconsistent in their interventions related to financing, sending contradictory signals to developing economies. Theoretical framework: Through the present study, we sought to explore the social phenomenon of reliability in the creation, destruction and mobilization of debts and savings in the MSEs of the Surco district, for this purpose, The world economy has gone through a series of events that have had a significant impact on the financial stability of many nations. Although companies were able to prevent productive activities from falling into a significant contraction, it is important to keep in mind that today's society is going through episodes of high volatility marked by a high degree of liquidity and insolvency problems among its participants (Altamirano et al., 2020). Design/methodology/approach: Qualitative approach of phenomenological - hermeneutic design, managers, assistant managers and business advisors of financial services companies in the district were interviewed. Technique is the interview follows a predetermined pattern, the arrangement of their questions and answers allows effective data collection and presentation of results. The information will be processed with Atlas.Ti. a professional software for qualitative data analysis. Findings: The study evidences the reasoning and sensitivity of the interviewees, concluding that, reliability allows reducing the time and money invested in supervising and following up in order to meet and enforce debt and savings commitments. Research, Practical & Social implications: There is a degree of sensitivity with respect to the financial information provided by MSEs in order to qualify for an operation, which is why it is necessary to cross-check such information and compare data with other entities. Originality/value: It was justified by the need to "know" the phenomenon of managers' confidence in the debts and savings of Peruvian MSEs, which, despite multiple crises, continue to contribute to the country's Gross Domestic Product (GDP) and provide employment opportunities.