Savings and credit cooperatives · segment 2

Sumak Kawsay Ltda

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: 0591711563001
Registered address: Latacunga, Cotopaxi
Founded: 2006 · 20 years

Assets: $57.1 M
Public deposits: $49.8 M
Loan book: $43.8 M
Period result: $157 k

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $43.8 M 76.7%
Investments $6.4 M 11.3%
Available funds $4.3 M 7.5%
Rest of the assets $2.6 M 4.5%

Where it comes from

Sight deposits $10 M 17.6%
Term deposits $39.8 M 69.9%
Own equity $5.9 M 10.3%
Other liabilities $1.3 M 2.2%

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 $4.7 M against expenses of $4.5 M: that is where the headline result of $157 k comes from.

Who it lends to

Gross loans $48.7 M

Microcredit $42.6 M 87.5% Segment delinquency: 10.0%
Consumer $6.1 M 12.5% Segment delinquency: 7.0%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the microcredit segment dominates, with 87.5% 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, $48.7 M, differs from the net loan book in the header, $43.8 M.

The official indicators

Computed by the Superintendencia de Economía Popular y Solidaria

This page does not compute these 14 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 9.3% 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: 11.4%
Nonperforming loans over equity 79.7% 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: 38.9%
Equity over immobilized assets 260.4% How many times equity covers the assets that generate no income (delinquency, foreclosed goods, premises). Above 100%, own capital absorbs everything immobilized. (Equity + results) ÷ immobilized assets · its subsystem as a whole: 218.3%

Loan book quality

Total loan delinquency 9.6% 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: 6.7%
Coverage of problem loans 104.2% 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: 102.9%
Earning assets over the total 93.4% 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: 91.8%

Profitability

Return on equity (ROE) 4.8% 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: 3.1%
Return on assets (ROA) 0.5% 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: 0.4%
Intermediation margin over assets -0.5% 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: 0.1%

Efficiency

Operating cost over margin 111.7% 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: 97.5%
Operating cost over assets 5.0% 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: 4.8%
Personnel cost over assets 2.5% 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: 2.1%

Liquidity and funding

Immediate liquidity 21.8% 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: 37.5%
Financial intermediation 97.7% 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: 94.0%

The full balance sheet (assets $57.1 M, liabilities $51.1 M, equity $5.9 M) satisfies the bulletin's accounting identity: the period result, $157 k, is exactly assets minus liabilities minus equity.

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

Tax status (SRI)

updated September 4, 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: No 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: August 7, 2006

Establishments · 9 registered, 9 open

HEAD OFFICE Cotopaxi / Latacunga / Eloy Alfaro (San Felipe) / Av. Marco Aurelio Subia y 5 Junio Open
Cotopaxi / la Mana / la Mana / Gonzalo Albarracin 180 y los Alamos Open
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av de los Tsachilas SN y Calle Machala Open
Cotopaxi / Pujili / Pujili / Juan Salinas y Av. Velasco Ibarra Open
Pichincha / Rumiñahui / Sangolqui / Venezuela 633 y Montufar LC3 Open
Los Rios / Quinsaloma / Quinsaloma / Simon Bolivar y Progreso Open
Pichincha / Pedro Vicente Maldonado / Pedro Vicente Maldonado / Elias Escobar 29 de Junio y San Jose Open
Cotopaxi / la Mana / Pucayacu / Eliseo Ibañez y 24 de Mayo Open
Tungurahua / Ambato / Huachi Chico / las Chasquis y Leonidas Plaza Open

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 9 open establishments across 5 provinces.

1 4

Provinces with a presence

Cotopaxi head office 4 locations
Pichincha 2 locations
Santo Domingo de los Tsachilas 1 location
Los Rios 1 location
Tungurahua 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated 2026-09-04. 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