In Ecuador, all members of the Ecuadorian Institute of Social Security (IESS) who are in a dependency relationship have the right to apply for quirografario loans provided by the Bank of the Ecuadorian Institute of Social Security (Biess). These loans are part of a financial assistance program aimed at helping active affiliates and retirees. The maximum loan amount available is equivalent to 80 basic salaries, totaling $38,560, but individual eligibility also depends on the affiliate's debt capacity and the total amount accumulated in various reserve and unemployment funds, which serve as collateral for the loan.

To qualify for a quirografario loan, applicants must meet several specific requirements. These include not having any pending unemployment claims, making a minimum of 24 contributions, and having consistent recent contributions. Additionally, applicants must not be in default on any Biess or IESS loans or be in the process of obtaining a mortgage loan. The program is designed to provide assistance while ensuring that only eligible individuals can access these funds.

This financial support is significant for many Ecuadorians as it allows them to secure funding for personal needs without the need for substantial collateral. As the demand for such loans may reflect the economic challenges faced by many in the country, this program can play a crucial role in supporting families during difficult financial times and promoting greater economic stability in the region.