Implementación de las monedas sociales y complementarias (MSCs) en la gestión integral de las instituciones microfinancieras en Venezuela

Abstract

The purpose of this article is to carry out an analysis of the strategies implemented by some microfinance institutions (hereinafter, MFIs) existing in Venezuela, legally constituted under the figure of savings and credit cooperatives, savings funds and civil associations for savings and credit. community loan regarding the implementation of social and complementary currencies (hereinafter, MSCs) that reference their value based on currencies such as the US dollar, with the intention of using said currencies in the management of their active and passive operations, in addition of being able to maintain or resume its comprehensive operational management, due to the fact that the continuous devaluation of the legal currency in Venezuela (El Bolívar) prevented the normal development of the savings, credit and investment activities that this type of institution carries out as its main activity , in this sense, with the implementation of social and complementary currencies (MSCs) These microfinance institutions seek to promote savings, credit, and investment by protecting the value of their associates' savings and indexing credits to these currencies.