International Journal of Academic Research in Business and Social Sciences

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Informal Business Sector and Elevated Risk for Women

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Women who are involved in the informal business sector make a contribution to the expansion of the country's economy. The majority of them, on the other hand, are not aware of the risk that this sector possesses. The characteristics of this industry as well as the elevated risks that women face, are investigated in this study. In order to carry out this study, a qualitative approach is utilised by means of secondary analysis, which is based on a survey of the relevant literature and informal interviews. Through the implementation of a social protection program, the purpose of this study is to empower women who are involved in the informal business sector. As a result of this study, it was discovered that women working in the informal sector are unaware of the risks they encounter and the social protection programs that are available to them.
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