Sustainable development and credit unions in economic and social profitability: a bibliometric analysis

Credit unions are key players in promoting sustainable development by incorporating economic, social, and environmental aspects into their structure and operation. Their holistic approach goes beyond the mere pursuit of financial profitability, also embracing the generation of positive social impac...

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Main Authors: Ximena Patricia Granizo Espinoza, María Alexandra Procel Silva, Samantha Anai Granizo Silva, Doménica Patricia Lalama Freire
Format: Article
Language:English
Published: Research and Development Academy 2025-04-01
Series:Heritage and Sustainable Development
Online Access:https://www.hsd.ardascience.com/index.php/journal/article/view/976
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author Ximena Patricia Granizo Espinoza
María Alexandra Procel Silva
Samantha Anai Granizo Silva
Doménica Patricia Lalama Freire
author_facet Ximena Patricia Granizo Espinoza
María Alexandra Procel Silva
Samantha Anai Granizo Silva
Doménica Patricia Lalama Freire
author_sort Ximena Patricia Granizo Espinoza
collection DOAJ
description Credit unions are key players in promoting sustainable development by incorporating economic, social, and environmental aspects into their structure and operation. Their holistic approach goes beyond the mere pursuit of financial profitability, also embracing the generation of positive social impact and environmental preservation. The present study sets out to examine in depth the compatibility between credit unions and the principles of sustainable development. To achieve this objective, an exhaustive literature review was conducted, involving the compilation, synthesis and critical analysis of various data sources related to the topic. This process made it possible to identify the various roles that these cooperatives can play as catalysts for positive change in the communities where they operate. It was found that they not only offer inclusive financial services but also foster community participation and promote sustainable practices both in their operations and in their investment decisions. The results obtained highlight the transformative potential of credit unions in the quest for more equitable and sustainable development. By adopting an approach that prioritizes not only economic profitability but also social and environmental well-being, credit unions emerge as key agents in advancing a comprehensive development agenda.
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spelling doaj-art-dbfb9f7fa14a43f2b26816050caff0972025-08-20T03:51:19ZengResearch and Development AcademyHeritage and Sustainable Development2712-05542025-04-017110.37868/hsd.v7i1.976Sustainable development and credit unions in economic and social profitability: a bibliometric analysis Ximena Patricia Granizo Espinoza0María Alexandra Procel Silva1Samantha Anai Granizo Silva2Doménica Patricia Lalama Freire3Escuela Superior Politecnica de Chimborazo, EcuadorEscuela Superior Politecnica de Chimborazo, EcuadorEscuela Superior Politecnica de Chimborazo, EcuadorEscuela Superior Politecnica de Chimborazo, Ecuador Credit unions are key players in promoting sustainable development by incorporating economic, social, and environmental aspects into their structure and operation. Their holistic approach goes beyond the mere pursuit of financial profitability, also embracing the generation of positive social impact and environmental preservation. The present study sets out to examine in depth the compatibility between credit unions and the principles of sustainable development. To achieve this objective, an exhaustive literature review was conducted, involving the compilation, synthesis and critical analysis of various data sources related to the topic. This process made it possible to identify the various roles that these cooperatives can play as catalysts for positive change in the communities where they operate. It was found that they not only offer inclusive financial services but also foster community participation and promote sustainable practices both in their operations and in their investment decisions. The results obtained highlight the transformative potential of credit unions in the quest for more equitable and sustainable development. By adopting an approach that prioritizes not only economic profitability but also social and environmental well-being, credit unions emerge as key agents in advancing a comprehensive development agenda. https://www.hsd.ardascience.com/index.php/journal/article/view/976
spellingShingle Ximena Patricia Granizo Espinoza
María Alexandra Procel Silva
Samantha Anai Granizo Silva
Doménica Patricia Lalama Freire
Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
Heritage and Sustainable Development
title Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
title_full Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
title_fullStr Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
title_full_unstemmed Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
title_short Sustainable development and credit unions in economic and social profitability: a bibliometric analysis
title_sort sustainable development and credit unions in economic and social profitability a bibliometric analysis
url https://www.hsd.ardascience.com/index.php/journal/article/view/976
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AT domenicapatricialalamafreire sustainabledevelopmentandcreditunionsineconomicandsocialprofitabilityabibliometricanalysis