Street Vendor Loan Description

A Street Vendor Loan is a financial product tailored to support street vendors and small-scale entrepreneurs who operate in informal marketplaces. These loans aim to provide the working capital necessary for purchasing inventory, upgrading equipment, or expanding their businesses. They are often characterized by simplified application processes, flexible repayment schedules, and small ticket sizes, making them accessible to vendors with limited or no formal credit history.

Street Vendor Loan Eligibility Criteria

Small loan amounts, ranging from a few hundred to a few thousand Rupess (or local currency equivalent).Short-term tenures, typically between 3 to 24 months.

Purchasing or replenishing inventory (e.g., fruits, vegetables, clothing, handicrafts).

Daily, weekly, or monthly installments to align with cash flow.

Vendors without proper documentation may face barriers to approval.