AN INVESTIGATION AND OVERVIEW OF BLOCKCHAIN TECHNOLOGY: ARCHITECTURE, CONSENSUS, AND ITS FUTURE TRENDS
September 30, 2025MATHEMATICAL ANXIETY AMONG HIGH SCHOOL STUDENTS
September 30, 2025FINANCIAL LITERACY FOR WOMEN STREET VENDORS: A TOOL FOR ECONOMIC INDEPENDENCE-A CASE STUDY OF WOMEN STREET VENDORS IN KOZHIKODE DISTRICT, KERALA
*Nizia Ameer, & **Aparna, P.
*Assistant Professor and Research Scholar, MSM College, Kayamkulam, Alappuzha, Kerala, India.
**Associate Professor and Research Guide, SNCW, Kollam, Kerala, India.
Abstract
The importance of financial literacy in empowering women street vendors who frequently work in unofficial and precarious economic environments is the main topic of this paper. It draws attention to the fact that many female vendors depend on their daily income to cover home needs, yet they are unaware of and do not have access to official financial services like credit facilities, insurance plans, and savings accounts. They are often exploited and stuck in debt and financial instability cycles because of a lack of understanding, socioeconomic hurdles, and reliance on informal moneylenders. The study emphasises how financial education may be a transforming tool, enabling women to make educated decisions about borrowing, investing, and saving by looking at their current financial habits and the limitations they face. Their economic stability is increased when they are better able to manage risks, stay away from high-interest loans, and make use of government aid programs. In the end, equipping female vendors with financial literacy enhances their financial autonomy while also promoting stability in the home and greater community resilience.
Keywords
street vendors, financial literacy, and credit.
References
Government of Kerala. (2022). Economic Review. Kerala State Planning Board.
Ministry of Housing and Urban Affairs. (2021). National Policy on Urban Street Vendors. Government of India.
National Sample Survey Office (NSSO). (2020). Informal Sector and Conditions of Employment in India. Ministry of Statistics and Programme Implementation.
Reserve Bank of India (RBI). (2021). Financial Inclusion in India: Progress and Prospects. RBI Bulletin.
Kudumbashree Mission. (2023). Annual Report. Government of Kerala.
International Labour Organization (ILO). (2018). Women and Men in the Informal Economy: A Statistical Picture. Geneva: ILO.
World Bank. (2020). Global Findex Database: Financial Inclusion and Women Empowerment.
To cite this article
Nizia Ameer, & Aparna, P. (2025). Financial literacy for women street vendors: a tool for economic independence-A case study of women street vendors in Kozhikode District, Kerala. John Foundation Journal of EduSpark, 7(3), 14-23.