The relevance of finance within a sustainable business model in vulnerable populations

Authors

DOI:

https://doi.org/10.15381/quipu.v29i61.21265

Keywords:

sustainability, circular economy, value chains, finance

Abstract

Objective: Analyze the relevance of the finance within a sustainable business model in vulnerable population. Method: A qualitative research was carried out, based on the review of the applicable literature including the concepts of sustainability, sustainable finance, value chains, climate change and circular economy. Also, it included the review of bibliographic databases such as Scopus, Clarivate, Academia, and Google Scholar. The literature review of classical finance was excluded. Results: It has been identified that financial aspects are included in the management of sustainable business; however, these are carried out in a conventional way, making it difficult for them to reach the necessary funds. A model is proposed, which is approached from a value chain perspective and considers the management of environmental, social and economic risks, seeking that those who face the most risk receive the highest return. Conclusion: In order to achieve that a conceptual model is implanted, in which sustainable finance has a clear participation, it is relevant to ensure greater empowerment to the populations that are being favored through better financial training; likewise, it is essential that the financing sources deepen their evaluation concerning risks and returns, and that the results are measurable in the financial statements of each business.

Downloads

Download data is not yet available.

Author Biographies

  • Walther Hernán Reátegui Vela, Universidad ESAN. Lima, Peru

    Economist from Universidad de Lima. Master in Administration from ESAN University; with specialization diplomas in Corporate Sustainability and Applied Corporate Finance from Leonard N. Stern at New York University. With 28 years of experience in the banking industry, having held positions of functional manager and general manager; covering business management in commercial banking, corporate, urban and rural microfinance. Professor at ESAN Graduate School of Business in the area of finance; Director of Business Development at CRATI and leads the implementation of an impact credit fintech; consultant for multilateral organizations, for which he has formulated consultancies related to Nationally Determined Contributions, within the framework of the Paris Agreement and oriented to vulnerable populations.

  • Ana Inés Reátegui Vela, Universidad ESAN. Lima, Peru

    Professor of economics and finance at Universidad ESAN, and director of executive education at this university. She is an investment project consultant. She has experience in the development, structuring and monitoring of infrastructure projects promoted by the public and private sector, in various sectors of the national and international economy. She has conducted and directed studies on national and regional potentialities and negotiations with multilateral agencies to materialize key studies for economic and social development in the country.

Downloads

Published

2021-12-29

Issue

Vol. 29 No. 61 (2021)

Section

Original papers

License

Copyright (c) 2021 Walther Hernán Reátegui Vela, Ana Inés Reátegui Vela

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

AUTHORS RETAIN THEIR RIGHTS:

a. Authors retain their trade mark rights and patent, and also on any process or procedure described in the article.

b. Authors retain their right to share, copy, distribute, perform and publicly communicate their article (eg, to place their article in an institutional repository or publish it in a book), with an acknowledgment of its initial publication in Quipukamayoc .

c. Authors retain theirs right to make a subsequent publication of their work, to use the article or any part thereof (eg a compilation of his papers, lecture notes, thesis, or a book), always indicating the source of publication (the originator of the work, journal, volume, number and date).

How to Cite

Reátegui Vela, W. H., & Reátegui Vela, A. I. (2021). The relevance of finance within a sustainable business model in vulnerable populations. Quipukamayoc, 29(61), 9-17. https://doi.org/10.15381/quipu.v29i61.21265