Businesses You Can Start With Less Than 5K In Kenya
1. Selling second hand or mitumba clothes
Unlike other businesses that require you to invest a lot of capital to start operating, you can start selling second hand clothes for as little as 1K. It doesn’t matter whether you have a degree or didn’t see the door of a class room, anyone can engage in mitumba business.
If you are tech savvy, you can do what others are doing, take your business online. Online business is apparently the new thing now. All you have to do is create a Facebook page, promote it for as little as 100 bob and you are good to go.
2. Smokies and egg business
If you don’t have much capital to venture into a big business, this is the best way to start your entrepreneurial journey. With as little as 2K, you can start selling smokies, eggs and maybe samosas.
The good thing about this business is that it’s very profitable which is surprising because most people have never thought about it. Think about this. If you buy an egg at 10 shillings and sell at 20 shillings, that’s 10 shillings in profit that you are making per egg.
3. Manicure/pedicure business
We are living in an age and time where every woman and even some men want to look like celebrities. They therefore seek manicure and pedicure artists to look beautiful.
All you need are the skills and a capital of less than 5K. With time you can expand your business and even rent out space.
4. Weight and BMI Calculation Business
This is another lucrative business that many young people are yet to embrace. I know from the look of it, when you see those young women and men juggling coins and requesting to serve you, it doesn’t seem like it brings in much.
But the truth couldn’t be far from this.
This is one of the most lucrative businesses that is easy to start, requires less capital and has a lot of returns.
All you need is an estimated capital of 3K, a good location where there is traffic and complying with the city council regulations and you are good to go.
5. Selling baby diapers
If you are still struggling about which business to venture into with that 5K in your account, selling baby diapers is a good business that guarantees good returns.
All you need is to find a supplier who can be selling them to you in whole sale and then you could be distributing them within your neighborhood.
Mothers with small babies will be grateful to know that they don’t have to go all the way to the supermarket to get diapers.
You will create a loyal customer base by doing this. You can then expand your business to reach even more clients outside the locality.
6. Selling chapatis and mandazis
This is a very good business that university students who wish to make extra cash would engage in. I used to do it when I was in college and I would make a profit of around 500 in a day. And I didn’t require much capital to start; I just had to get 1K to start. Being that I was doing it in the hostels, I had ready market.
And you don’t have to be a student to engage in this business. If you are jobless, find a good location and start your own business.