Determinación de los factores que afectan a la aprobación de créditos de vivienda de interés público (VIP) en el Ecuador durante el periodo 2017- 2019

Abstract

The Public Interest Housing (VIP) credit in Ecuador is part of the Housing Incentive System (SIV), implemented in 2015 as part of the public program "Casa para todos". The main characteristic of this credit, and that distinguishes it from other housing loans, is the differential rate, which is facilitated by the subsidy granted by the Ecuadorian State. Despite this, the percentage of total VIP credits granted in 2019 was between 18% and 35% of total housing financing; in addition, the housing deficit persists. Therefore, the objective of this work is to establish the factors that enable or determine access to VIP credit. To fulfill the proposed purpose, an explanatory methodology was used, with a qualitative, quantitative approach, which allowed the analysis of the literature and the data provided by a representative financial institution of the country, through a logistic regression. The results report that the significant factors that affect access to VIP credit are the level of education, income and the number of bank references, thus, the higher income, accounts and lower academic degree an individual has, the greater probability of accessing on VIP credit