When it comes to investing in businesses we all want to get some profit if not a lot of profit from it. Below is a list of business you can start with less than Ksh. 5,000 in Kenya.
- Jewellery business.
When it comes to this business, location can be as simple as a bus stop or a busy pedestrian road. The best places to source for stock are Kamukunji in Nairobi and Dubois in Nairobi. Jewellery like earrings that are fast moving can cost from ksh.30, to about ksh 100 wholesale price. Once you get your stock you can resell the items at double or even tripple price.
2. Kibanda/ Mama Mboga Business.
Contrary to what is believed by society this business can make profit from ksh 500 to even ksh 1500 on a daily basis. This business is especially successful where there are a lot of residential homes/ rentals. Most of the items sold gather double profit .
3.Daycare Business.
This business can boom very fast if well planned and executed. Most families are trying to cut on the cost of expenses hence not employing nannies. Due to this, such a business can come in hand to most working families who want to ensure the safety of their kids at an affordable price.
4.Chips/ snacks Business.
Contrary to the belief of many, this business can require low capital, yet high and sustainable profit margins. If strategically placed this is a business that can grow very quickly. Snacks like samosas, both beef and mashed potato samosas are fast moving.
5.Online thrifting store Business.
Most people are in need of quality yet affordable clothing, and this is where this business comes in hand to feed the demand. When it comes to thrifting if you stick to quality yet affordable pieces, your business will be able to boom. Sourcing the clothes from Gikomba market is better compared to picking pieces from your local store. Once you are able to have a following on social media through your thrifting store, you can now go for options like buying bales of clothes to resell.
6.Chapati Business.
Are you good at making chapatis? Maybe it's time you monetize on your talent. Chapati business is one that requires less capital, less labor and also less time consuming given that you can work from evening hours from say 5 p.m to about 9 p.m.
7.Fruit salad Business.
If you have a good eye for knowing good fruits, then this business is for you. A business that is likely to gather double profit on a daily. The only downside of this business is that the fruits are perishable hence you need to find a very good location so that your stock can be fast moving.