ICM in the Urban Informal Sector Perspective

EMPLOYMENT ENTERPRISE HABITAT CREDIT
People engaged in the informal sector Activities in the informal sector Land and Housing settlements Informal Credit Markets
Absence of protection or recognition Unregulated and competitive Unauthorized use of vacant public or private land Unregulated and non-subsidized
Non-coverage by minimum wage legislation and social welfare Small-scale operation with individual/family operation Illegal sub-division/rental of land Easy accessibility
Predominance of own-account/self-employed work Ease of Entry Unauthorized construction of structures and buildings Loan availability in very small size and for short periods
Absence of trade union organization Reliance on locally available resources Reliance on low cost and locally avaiable waste materials Low administrative and information costs
Low income and wages Family ownership of enterprises Reliance on low family labour and artisanal techniques for construction Little or no collateral
Little job security Labour-intensive and adopted technologies Absence of restrictive standards and regulations Flexible interest rates (from very high to no interest)
No fringe benefits from institutional sources Absence of access to institutional credits and similar supports Non-availability of mortgage or any other subsidized finance Highly flexible transactions and repayments tailored to individual needs

Adopted from:
Amin, A.T.M.N., "Handbook of Urban Informal Sector". Bangkok: Asian Institute of Technology.


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Hari Srinivas - hsrinivas@gdrc.org
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