Informal Sector Household Type

Characteristics

Informal, poor

- Business operates below poverty line

- Focus is on short term consumption

- Vulnerable to poverty and other risks

- No savings

- Require greater social protection

- Lack decent work

- Limited access to social services

Informal, non-poor, vulnerable

- Precautionary savings to last for a few weeks

- Consume all their income

- Vulnerable to poverty and other risks

- Require greater social protection

- Lack decent work

- Limited access to social services

Informal, non-poor, non-vulnerable

- Precautionary savings

- Long term savings

- Stable, profitable

- Lack some best practices, including book keeping and proper registration

- Need decent work

- Limited access to social services