Livelihood Plans

SUMMARY

The section explores the livelihood plans of the community:

• In the last year, apart from salaries, from which of the following have you received financial resources or income as a household?
• What or what have you or your family done recently to provide for the household, maintain or improve your economic situation?
• What or what do you plan to do in the coming period to provide for the household, maintain or improve your economic situation?

The proportion of individuals utilizing formal income sources such as bank loans, rent, and interest income has increased, just as the proportion of those using informal sources, that represent family solidarity dynamics, has also risen. While the number of those relying on a single formal source is increasing, the diversification of informal sources demonstrates the impact of the growing economic bottleneck. As income increases, the rate of ownership of formal sources rises, whereas ownership of informal sources and reliance on intra-family solidarity dynamics are observed more frequently in the lower-middle classes. The effects of the economic bottleneck are clearly visible in livelihood sources and plans. Society is planning to borrow less and cut back on spending more.