Challenges and Opportunities of Microfinancing to Street Vendors in Sivasagar District of Assam

Author(s)	Dr. Meghali Bora
Country	India
Abstract	Micro-financing is the tool for improving living standard of the poorest and street vendors are integral part of the informal sector who has been struggling for survival in a competitive environment This study delves into the challenges and opportunities of micro-financing for street vendors in Sivasagar District, Assam. Street vending is a prevalent livelihood, and access to micro-financing plays a crucial role in sustaining and improving the businesses of these vendors. This research aims to shed light on the specific issues street vendors face when seeking financial support and the potential benefits that micro-financing can bring to their businesses. This study also recognizes the vital role of micro-financing for street vendors in Sivasagar District. It identifies the obstacles they face and highlights the potential benefits of micro-financing, such as business growth and economic stability.
Keywords	Micro-financing, Informal Sector, Street Vendors
Field	Business Administration
Published In	Volume 6, Issue 1, January-February 2024
Published On	2024-02-10
DOI	https://doi.org/10.36948/ijfmr.2024.v06i01.13227
Short DOI	https://doi.org/gthqpq

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International Journal For Multidisciplinary Research