Street Vendors’ Stories: Informal Borrowing Practices and Implications on Business

This study describes the informal borrowing practices of street vendors operating in a Philippine public market and their implications for business performance. Street vendors are an important part of urban communities that offer essential goods and services while navigating the challenges of operating outside formal regulations. However, due to being part of the informal sector, vendors are deprived of access to formal financial institutions, which leads them to depend on informal credit services.