MOST PROFITABLE BUSINESSES TO START WITH LESS THAN 10K IN KENYA
There are so many micro businesses to start with less capital of 10k leading to growth into larger business with time. We have highlighted some of them and we are going to check on them deeply one by one.
- smokies and sausages vendor; The business has become so rampant in Kenya where it has been embraced by a lot of youths. It requires a very minimum supervision and less time. Mostly, it is carried out during the evening or very early in the morning. The business only requires a minimal capital of between Ksh .7500-8000 for a start. Let's observe the breakdown below;
- Purchasing of the trolley will cost between ksh.4500-5000
- The stock will cost you around ksh.1500 that includes purchasing of smokies, eggs and samosas in a wholesale vendor
Also you must choose at least a highly populated area
- Green grocery kiosk In Kenya its commonly known as a "kibanda". It has generated the name where most of the people doing this type of business are ladies and mothers, but it can be done by anyone. Its also where the famously name mama mboga originate from. The business is so cheap to start and maintain. The capital required for a start is between ksh.3000-7000. The business has a high profit of around Ksh.500-1000 in a day. The business can do very well in an estate or a highly populated area.
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- Second-hand clothes selling. It have become a trend in Kenya where everyone wants to buy and wear second-hand clothes. So this might be a golden opportunity for anyone willing to start this business. The business is so cheap and easy to start since it has a very huge returns. You can also decide to do door to door delivery where you can make a double profit. The cost of starting this business is between ksh.8000-9500 where you buy your stock at Gikomba market in Nairobi. It has a huge returning's where you can make between ksh.600-1000 in a day depending also with the locality or engagements with the customers. a good salesperson can pocket a maximum of ksh.2500
- Selling of coffee during the cold season/at night This business is one of the best and very affordable to start with a very high returns. You might wonder how to start up this business but its very simple whereby it will only cost you between ksh.6500-9000. You will require a travelling Thermoflask which will cost you between ksh.4500-5000, a stock of between ksh.2000-3000. the stock will entail buying of sugar, coffee sachets, snacks or maybe with lemon. The profit from this business may range between ksh.450-600 depending with the locality and hardworking of the person doing it.
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- Drop shipping Most of the introverts have seen this type of business as a golden opportunity. Drop shipping is an order fulfillment method where products are shipped directly from the supplier to the customer without the seller even handling them. The only requirement needed is to open an online store with either shopify or alidropship. An access to the internet with a laptop is also a requirement and you can choose to go to a nearby cyber café. It will be very simple since, you will be taken through a trial of 14 days then afterwards you will start stocking your store through dropship suppliers. You will also be taken through tutorials whereby you will be even more equipped and become an expert. This business can generate an income of up to ksh.30,0000 per month
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