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All Journal International Journal of Entrepreneurship, Business, and Creative Economy
Lumaday, Syra Angelyn
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Humanities Economics, Econometrics & Finance Social Sciences

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Informal Street Vendors Survival Strategies during the Covid-19 Pandemic Catacutan, Karen Joy; Bernardo, Rona Jay; Lumaday, Syra Angelyn; Tabangcura, Jessa; Benito, Justin Marc; Tumbali, Gladys
International Journal of Entrepreneurship, Business and Creative Economy Vol. 3 No. 2 (2023): July
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijebce.v3i2.1304

Abstract

Due to the COVID-19 pandemic, our government has been forced to implement strict quarantine measures. As a result, social interaction, particularly among informal street vendors, has been restricted. The researchers undertook this study to learn more about the survival methods used by informal street vendors of Tuguegarao City, Cagayan. The current study used Interpretative Phenomenological Analysis as a qualitative research design. The informants in this study were 15 informal street vendors who were chosen through a random sampling technique. The data was gathered using an interview schedule. Two major findings were extracted from this study: (1) the effects of the COVID-19 pandemic are primarily negative to informal street vending businesses. In contrast, informal street vendors suffered from a decline in sales, inconvenience in selling, increased operating expenses, and disruption in operations. (2) Due to the resilience of the informants, they are able to cope-up by employing survival strategies such as adaptation of business strategies, policy adherence, and optimism. The results of the study will provide insights to the local government on how to possibly intervene in the affairs of the informal street vendors in order to contribute to the city's local development as they are part of the economy.
Co-Authors Benito, Justin Marc Bernardo, Rona Jay Catacutan, Karen Joy Tabangcura, Jessa Tumbali, Gladys