STREET VENDING: MEANS OF LIVELIHOOD FOR THE URBAN POOR AND CHALLENGE FOR THE CITY ADMINISTRATION IN ETHIOPIA
STREET VENDING: MEANS OF LIVELIHOOD FOR THE URBAN POOR AND CHALLENGE FOR THE CITY ADMINISTRATION IN ETHIOPIA

Summary/Abstract: Street vending in Ethiopia is a very important yet unbridled component of the informal sector. In the context of the current demographic dynamics and absence of sufficient job opportunities, street vending has become an important economic shelter for the urban poor. The key reasons for joining street vending include the small capital requirement, lack of access to credit facilities, and lack of suitable and commercially viable trading outlets. Street vendors use their personal savings, family transfers and informal credits as start-up capital. Street vendors generate by far better income than they used to get in their original villages. The social network is vital for joining the sector.

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