Savings and credit cooperatives · segment 1

Jardin Azuayo Limitada

Balance sheet and official indicators reported to the Superintendencia de Economía Popular y Solidaria, as of July 31, 2026. The figures are the regulator's bulletin's: this profile orders them, it does not produce them.

RUC: 0190155722001
Registered address: Cuenca, Azuay
Founded: 1996 · 30 years

Assets: $2,493 M
Public deposits: $2,139 M
Loan book: $1,185 M
Period result: $8.5 M

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $1,185 M 47.5%
Investments $653 M 26.2%
Available funds $461.5 M 18.5%
Rest of the assets $193.3 M 7.8%

Where it comes from

Sight deposits $1,060 M 42.7%
Term deposits $1,059 M 42.6%
Financial obligations $34.7 M 1.4%
Own equity $242.7 M 9.8%
Other liabilities $88.1 M 3.5%

The two bars answer the two questions of any balance sheet. The first, where the money is placed: credit lent out, investments in paper and the cash available to respond immediately. The second, where it comes from: what the public deposits at sight or at term, what the institution owes other institutions and what is its own capital.

The proportion between sight and term says a lot about the funding: term deposits are more stable but cost interest; sight deposits are nearly free but can leave tomorrow. And on the asset side, the more the loan book weighs against the investments, the deeper the balance sheet sits in the business of lending.

So far this year it carries income of $127 M against expenses of $118.5 M: that is where the headline result of $8.5 M comes from.

Who it lends to

Gross loans $1,347 M

Consumer $923.3 M 68.6% Segment delinquency: 5.7%
Microcredit $314.7 M 23.4% Segment delinquency: 6.6%
Real estate $89.6 M 6.6% Segment delinquency: 2.3%
Productive $19.2 M 1.4% Segment delinquency: 5.7%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the consumer segment dominates, with 68.6% of the placed loans.

Each segment's delinquency, computed by the supervisor, shows where it gets paid well and where not: productive credit tends to fail little, consumer lending and microcredit more, and that difference is what explains the price each borrower pays.

Gross loans by segment (accounts 14xx of the balance sheet, before provisions): that is why the sum, $1,347 M, differs from the net loan book in the header, $1,185 M.

The official indicators

Computed by the Superintendencia de Economía Popular y Solidaria

This page does not compute these 13 indicators: the supervisor itself publishes them with its methodology, and here they are ordered the way an analyst reads them, from solvency to liquidity. Each carries its explanation, its formula and its subsystem's aggregate figure alongside, for comparison. None is a grade or a rating: they are photos of one specific month, best read together and in context.

Solvency

Net capitalization index 9.8% The institution’s capital cushion, adjusted for non-earning assets: how much free equity remains per 100 dollars of assets once the unproductive deadweight is discounted. FK ÷ FI, per the supervisor’s methodology · its subsystem as a whole: 10.4%
Nonperforming loans over equity 31.4% How much of the equity would be consumed if the whole damaged loan book proved uncollectible and no provisions existed. It measures how heavily delinquency weighs against own capital. Nonperforming loans ÷ equity · its subsystem as a whole: 45.4%

Loan book quality

Total loan delinquency 5.7% Of every 100 dollars lent, how many are past due or have stopped earning interest. It is the most direct measure of loan book quality. Nonperforming loans ÷ gross loans · its subsystem as a whole: 8.2%
Coverage of problem loans 211.9% How much money the institution has provisioned against troubled credits. Above 100% means provisions cover that entire book. Provisions ÷ nonperforming loans · its subsystem as a whole: 108.0%
Earning assets over the total 97.3% How much of the assets generate income (healthy loans and investments) against the part that does not: offices, goods received in payment or loans in arrears. Earning assets ÷ total assets · its subsystem as a whole: 90.7%

Profitability

Return on equity (ROE) 6.1% How much the institution has earned so far this year per 100 dollars of its owners’ or members’ equity. Period result ÷ average equity · its subsystem as a whole: 4.2%
Return on assets (ROA) 0.6% The same measured against everything the institution manages, own or third-party: how much every 100 dollars of assets yields. Period result ÷ average assets · its subsystem as a whole: 0.5%
Intermediation margin over assets 0.8% What the pure business of taking and lending leaves, operating cost already paid, per 100 dollars of assets. It can be negative when operations cost more than the financial margin yields. Estimated intermediation margin ÷ average assets · its subsystem as a whole: 0.4%

Efficiency

Operating cost over margin 80.3% How much of the margin the financial business leaves gets consumed in salaries, offices and technology. Near 100% means operations eat the margin. Operating expenses ÷ financial margin · its subsystem as a whole: 88.9%
Operating cost over assets 3.1% The cost of keeping the institution running, measured against its size: how many dollars of annualized operating expense per 100 of assets. Estimated operating expenses ÷ average assets · its subsystem as a whole: 3.3%
Personnel cost over assets 1.5% The share of that cost that goes to payroll. Compared among institutions of the same size, it shows who runs heavier structures. Estimated personnel expenses ÷ average assets · its subsystem as a whole: 1.4%

Liquidity and funding

Immediate liquidity 30.8% What share of the deposits that can be withdrawn at any moment it could serve today with the cash it has available. Available funds ÷ short-term deposits · its subsystem as a whole: 33.3%
Financial intermediation 63.6% How much of what the institution takes in deposits it has turned into loans. It is the pulse of its trade: gathering savings to lend them. Gross loans ÷ sight and term deposits · its subsystem as a whole: 76.6%

The full balance sheet (assets $2,493 M, liabilities $2,242 M, equity $242.7 M) satisfies the bulletin's accounting identity: the period result, $8.5 M, is exactly assets minus liabilities minus equity.

See the whole financial system, banks and cooperatives side by side

Tax status (SRI)

updated September 5, 2026

RUC status: Active

Phantom taxpayer: No
Nonexistent transactions: No

Tax regime: General regime The set of rules under which it files its taxes
Required to keep accounting books: Yes
Withholding agent: Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer: Yes Designated by the SRI for its size, with additional filing obligations
Start of activities: June 4, 1996

Establishments · 75 registered, 73 open

HEAD OFFICE Azuay / Paute / Paute / Simón Bolívar 7-15 y Mariscal Sucre Open
Azuay / Nabon / Nabon / Juan Leon Mera S/N y Civismo Open
Azuay / Cuenca / Gil Ramirez Davalos / Benigno Malo 9-75 y Gran Colombia Open
Azuay / Sigsig / Sigsig / Rodil S/N y General Torres Open
Azuay / Pucara / Pucara / 25 de Julio S/N y Municipalidad Open
Azuay / Gualaceo / Gualaceo / Fidel Antonio Piedra S/N y Av. Roldos y Eugenio Espejo Open
Cañar / Cañar / Cañar / Mariscal Sucre 1 y Calle Bolivar y Enrique Noboa Open
Azuay / Santa Isabel / Santa Isabel (Chaguarurco) / 3 de Noviembre S/N y 24 de Mayo Open
Azuay / Oña / San Felipe de Oña / 27 de Febrero S/N y Adolfo Vega Open
Cañar / Azogues / Azogues / Fray Vicente Solano S/N y Matovelle y Rivera Open
Morona Santiago / Sucua / Sucua / Serafin Solis S/N y Edmundo Carvajal Open
Morona Santiago / Limon - Indanza / General Leonidas Plaza Gutierrez (Limon) / 10 de Agosto S/N y Simon Bolivar Open
Morona Santiago / Santiago / Santiago de Mendez / Calle Cuenca S/N y Domingo Comin Open
Morona Santiago / Morona / Macas / Rio Amazonas S/N y Mariscal Sucre y Simon Bolivar Open
Cañar / la Troncal / la Troncal / Heroes del Cenepa S/N y Homero Montero y Av 25 Agosto Open
Azuay / San Fernando / San Fernando / 10 de Agosto S/N y 6 de Mayo Open
Azuay / Cuenca / Valle / Via el Valle Santa Ana S/N y Entrada a la Parroquia Valle Open
Azuay / Cuenca / Ricaurte / Antonio Ricaurte S/N y Vicente Pacheco Open
Cañar / Suscal / Suscal / Dario Garate S/N y Gonzalo Martinez Open
Cañar / el Tambo / el Tambo / Panamericana Central S/N y Juan Jaramillo Open
Azuay / Chordeleg / Chordeleg / 4 de Octubre S/N y Juan Bautista y Guayaquil Open
Azuay / Sevilla de Oro / Palmas / Centro Parroquial Palmas S/N y Via Guarumales Mendez Open
Loja / Saraguro / Saraguro / Juan Antonio Montesinos S/N y Av. el Oro Open
Morona Santiago / Gualaquiza / Gualaquiza / Gnrl Eloy Alfaro S/N y Gonzalo Pesantez Open
El Oro / Pasaje / Pasaje / Bolivar S/N y Colon y Juan Montalvo Open
Azuay / Sevilla de Oro / Sevilla de Oro / Av. Azuay S/N y Av. Diez de Agosto Open
Morona Santiago / San Juan Bosco / San Juan Bosco / Jaime Agett S/N y General Rodriguez Lara y 24 de Mayo Open
Azuay / Cuenca / Yanuncay / Av. Don Bosco S/N y Francisco de Orellana Open
Azuay / Nabon / Nabon / Casa Comunal de Shiña S/N y sin Nombre Open
Azuay / Cuenca / Cañaribamba / Av. Gonzalez Suarez SN y Guapondelig Open
Azuay / Camilo Ponce Enriquez / Camilo Ponce Enriquez / 24 de Enero S/N y Juan Maldonado y Eloy Barros Open
Santa Elena / Santa Elena / Santa Elena / 18 de Agosto S/N y Sucre Open
Guayas / Playas / General Villamil (Playas) / Av. Guayaquil S/N y Entre Calle 9 y Calle 10 Open
Azuay / Cuenca / Hermano Miguel / Via a Patamarca 1-17 y Paseo Rio Machangara Open
Azuay / Cuenca / Monay / Primicias S/N y Buenos Aires y Av 24 de Mayo Open
Azuay / Cuenca / el Sagrario / Sucre 5-42 y Mariano Cueva y Hermano Miguel Open
Azuay / Cuenca / el Batan / Eduardo Arias S/N y Luis Roberto Bravo y Av Americ Open
El Oro / Zaruma / Zaruma / Honorato Marquez S/N y SN Open
El Oro / Chilla / Chilla / Simon Bolivar S/N y 26 de Marzo Open
Azuay / Cuenca / San Blas / Gaspar Sangurima 1-5 y Av. Huayna Capac Open
Azuay / Cuenca / Bellavista / Abelardo J. Andrade S/N y Hipocrataes Open
Azuay / Cuenca / Totoracocha / Av. Hurtado de Mendoza 15-117 y Antisana y Llanganatis Open
Azuay / Cuenca / Huaynacapac / Alfonso Cordero 2-71 y Manuel J Calle y Jose Peralta Open
Loja / Saraguro / Manu / 18 de Noviembre S/N y Sucre Open
Morona Santiago / Palora / Palora (Metzera) / Av Cumanda S/N y Carlos Alzamora y Amazonas Open
Morona Santiago / Huamboya / Huamboya / Av 16 de Octubre S/N y Calle Eugenio Espejo Open
El Oro / Machala / Machala / Calle Bolivar SN y Entre Guayas y Ayacucho Open
Guayas / Guayaquil / Olmedo (San Alejo) / Luque 513 y Escobedo Open
Cañar / Azogues / Azogues / Av. 24 de Mayo 12-16 y General Enriquez Gallo Open
Loja / Loja / el Sagrario / Juan Jose Peña SN y Alonso Mercadillo Open
Guayas / Naranjal / Naranjal / Sucre S/N y Juan Montalvo Open
Guayas / Duran / Eloy Alfaro (Durán) / Av Tanasa S/N y C e 5 Open
Loja / Catamayo / Catamayo / Isidro Ayora S/N y 9 de Octubre Open
Guayas / Guayaquil / Tarqui / Benjamin Carrion S/N y Av. Rodolfo Baquerizo Open
Guayas / Guayaquil / Posorja / Av. Juan Colan S/N Open
Santa Elena / la Libertad / la Libertad / Eloy Alfaro S/N y Coop. de Taxi Brisas Azul Open
Pichincha / Quito / la Magdalena / Latacunga S9-11 y Rodrigo de Chávez Open
Pichincha / Quito / Quitumbe / Av Quitumbe Nan S/N y Av. Moran Valverde Open
Pichincha / Quito / Ponceano / Av. la Prensa 70-12 y Pablo Picaso Open
Guayas / Milagro / Camilo Andrade / Pedro Carbo 4-13 y 10 de Agosto Open
Azuay / Santa Isabel / Santa Isabel (Chaguarurco) / Cañaribamba S/N y Nueve de Octubre Open
El Oro / Santa Rosa / Santa Rosa / Antonio José de Sucre S/N y Modesto Chávez Franco y Eloy Open
Pichincha / Mejia / Machachi / José Mejía E1-114 y Simón Bolivar y Antonio José Open
Azuay / Gualaceo / Gualaceo / Calle Vasquez Correa S/N y Colon Open
Pichincha / Quito / Iñaquito / Av. Rio Amazonas S/N y Unidad Nacional de los Periodistas Open
Pichincha / Quito / Tumbaco / Gaspar de Carvajal S/N y Av. Oswaldo Guayasamin Open
Pichincha / Quito / Calderon (Carapungo) / Galo Plaza Lasso 15-399 y Av. Padre Luis Vaccari Open
Pichincha / Quito / Conocoto / Polit Lasso S/N y Jose Joaquin de Olmedo Open
Cañar / Biblian / Biblian / Mariscal Sucre 05-20 y Av Danielmuñoz Open
Azuay / Giron / Giron / 3 de Noviembre 5-15 y Andres Cordova Open
Morona Santiago / Morona / Macas / Calle Veinte y Cuatro de Mayo SN y Patrocinio Jaramillo Open
Azuay / Cuenca / Bellavista / Camino a San Pedro del Cebollar SN y SN Open
Azuay / Cuenca / Yanuncay / Troncal de la Sierra E35 y Redondel Subida a Turi Open
El Oro / Machala / Machala / 9 de Mayo S/N y Entre Pichincha y Bolivar Closed
El Oro / Machala / Machala / Calle Bolivar N-18 y Calle Guayas y Calle Ayacucho Closed

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 73 open establishments across 8 provinces, plus 2 closed.

2 31

Provinces with a presence

Azuay head office 31 locations
Morona Santiago 9 locations
Pichincha 8 locations
Cañar 7 locations
Guayas 7 locations
El Oro 5 locations
Loja 4 locations
Santa Elena 2 locations

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated 2026-09-05. The location is the province and canton on record, not each site’s exact address.

How to read this profile

Source: the financial bulletin of the Superintendencia de Economía Popular y Solidaria, as of July 31, 2026. Assets are account 1 of the balance sheet; deposits, obligations with the public (account 21); loans, account 14 (net of provisions; the segment breakdown uses gross 14xx accounts). Indicators are the ones published by the supervisor itself, shown as is; the one comparing equity against immobilized assets is omitted when those assets turn negative and the quotient loses meaning. Balances change every month: this profile updates with each new bulletin.

The registered address and the founding year come from the SEPS's public registry of financial sector organizations. The tax debt, when it appears, comes from the SRI's enforceable-debt ranking, matched by RUC.

The RUC is published by the SEPS and matches the SRI's public RUC registry, which is also where the tax status and the establishments come from: they are the institution's fiscal record, distinct from its supervisor's bulletin, which is why they may not say the same. The registry does not publish the special regime, the reason for a suspension or the phantom-taxpayer and nonexistent-transaction designations: those fields are omitted rather than assumed.

Financial information from the public bulletins of Ecuador's superintendencies · where this data comes from