Is it possible to start a business in Kenya with only Ksh. 20,000? Absolutely, yes! In business, it’s not just about the amount of money you have, but the effort you put into your work that determines your success.
If you’ve been struggling to find a job or looking to increase your income, starting a business is a great idea. If you’re wondering about the most profitable business to start in Kenya or how much money you need to start a business there, this list will be helpful.
Here are some possibilities to consider if you want to start a business with Ksh. 20,000 in Kenya:
- Selling used books:
Starting a business selling used books in Kenya is an option. You can even begin with the books you already have. One woman earned Ksh. 37,000 by selling books she had lying around her home. You can use the initial capital to expand your inventory.
- Social media consultant business:
With the increasing popularity of social media, businesses need to have a presence on various platforms to connect with customers and promote their products or services. You can start by assisting a friend who owns a small business. To establish yourself as a social media consultant in Kenya, you’ll need a Twitter account with 10,000 followers, 500 friends on Facebook, 100 connections on LinkedIn, and a blog where you can showcase your company’s accomplishments. The cost to start this business would be minimal, requiring around Ksh. 20,000.
- Auto repair/detailing:
If you have a passion for cars, starting an auto repair or detailing business is another option. Many customers are willing to pay a high price to have their cars looking brand new, and they often become repeat customers. However, this business will require a significant time commitment and research on pricing and discounts.
- Delivery on a bike:
This is a simple task that doesn’t require a car. You can deliver groceries or even food from restaurants that don’t offer takeout. The number of deliveries you can make per day depends on your time and energy investment. This profession can earn you between KES 1,500 and 2,000 per day, especially during rush hours.
- Restaurant/kibandaski business:
Kibandaski is a popular Kenyan business that can be started with Ksh. 20,000. You can use the capital to buy ingredients and hire staff for the day. It’s important to maintain cleanliness, especially when handling food, as health inspectors have strict standards. Additionally, check with your local city hall or visit their website to understand the necessary licenses and any zoning restrictions.
- Becoming a YouTuber:
If you have engaging content that people would enjoy watching, you can start a YouTube channel in Kenya. With less than Ksh. 20,000, you can invest in a low-cost, high-quality camera and start creating content. Once you have over 1,000 subscribers and at least 4,000 watch hours in the last 12 months, you can start earning money through advertising.
- Buying and selling niche products:
Niche products, such as supplements, can be profitable as they cater to a specific target audience with less competition. For example, you can sell workout supplements and advertise on Facebook in Kenya to attract a larger audience.
These are just a few options to consider when starting a business in Kenya with Ksh. 20,000. Remember that success will depend on your dedication and effort in growing your business.
by: Flickscollins