Starting a business in Kenya is less about having a perfect business proposal or a large amount of capital, and more about managerial skills, customer service, vision, and determination. Success is achievable with any amount of capital, whether it’s Ksh 1,000 or Ksh 1 million, as long as the right location is chosen, and customer service is prioritized.
Here are some of the top business ideas that you can start in Kenya, whether you’re employed or looking for a way to make ends meet:
1.M-Pesa Business
M-Pesa has become one of the most profitable businesses in Kenya. Despite seeming crowded, it offers considerable profit opportunities. With about Ksh 100,000, you can start your own M-Pesa shop, or if someone provides you with an operating line, you can start with as little as Ksh 50,000.
2. Boda Boda Business
Owning a motorcycle, costing between Ksh 40,000 to Ksh 120,000, is another booming business. Operating in any county, one can easily earn a daily net profit of at least Ksh 1,000.
3. Boiled Eggs and Smokies Business
With just Ksh 1,000, you can start a boiled eggs and smokies business. Eggs bought at Ksh 10 can be sold for Ksh 20, earning a Ksh 10 profit per egg. This business can yield about Ksh 15,000 per month.
4. Barber Shop and Salon
Though often underrated, barbering and salon services are highly profitable. Starting small by visiting clients in their homes can lead to enough savings to rent a stall, which costs between Ksh 6,000 and Ksh 15,000, depending on location.
5. Printing and Photocopy Business
Students near universities or colleges can easily start a printing and photocopy business with less than Ksh 7,000. It’s a profitable venture, especially in such academic environments.
6. Selling Second-hand Clothes (Mitumba)
Selling second-hand clothes is a low-capital, high-profit business. With Ksh 1,000, you can start selling mitumba, and with a good location, one can earn around Ksh 500 daily.
7. Movie Shop
Starting a movie shop requires about Ksh 20,000, but if you already own a computer or laptop, you can reduce the cost to just renting a space and buying stock. It’s a popular venture in urban areas.
8. Car Wash Business
A well-placed car wash can be highly profitable, especially if located near a popular grill, bar, or bus stop. The increase in the number of cars in Kenya, especially compared to neighboring countries, creates a constant demand for car wash services.
These businesses offer an excellent opportunity for aspiring entrepreneurs to make a living with relatively low starting capital. Success in these ventures relies on customer service, location, and a solid work ethic.