By Lilian Wamaitha
So many Kenyans who have opted for self employment have started lucrative businesses with very low capital. Starting a business in Kenya is easy if you know what business to venture into. You don’t have to have thousands or millions in the bank to make it in the entrepreneurial business.
The jobless situation in Kenya has made many people opt to become entrepreneurs. If you have a degree or a diploma, you could be doing something small before you land that job you have always dreamt of. The truth is that not all of us are born entrepreneurs, but if you have the knowhow, who says you can’t become the next Chris Kirubi?
Here are businesses that you can start with as low as Ksh5000
1. Mitumba Business
Selling of second hand clothes in Kenya has made it possible for thousands of Kenyans to have a source of income. Surprisingly if you have 1000sh, you can start selling mitumba clothes. Most people are shy to venture into this business as it seems saturated but there are a lot of profits in it. You can get supplies from Gikomba market and Eastleigh which are famous for this.
With this kind of a business, you can be assured of at least 500 shillings in profit at the end of the day. Isn’t it better than just sitting at home waiting for someone to notice your application letter on their desk?
2. Selling Boiled Eggs, Sausages and Smokies
Most people do not want to venture into this kind of business as they feel it is of people who are not educated. This is one business that has very high returns. I know of a friend who once confessed that he would not in a life time think of leaving this business because of the amount of profit it gives him.
He says he buys one egg at 10sh and sells it at 20 shilling and he always has a supply of customers since he is located near a matatu stage.
3. Starting a Salon or a Barbershop
This is one of those businesses that people underestimate but one that has very high returns. If you have the knowhow of how to make hair, you can turn that talent into a lucrative business. You don’t even have to rent a room first. You start by serving clients in their homes and later find a location.
For a barber shop, the rent for a standard room should be between 5000 to 15, 000 shillings depending on the location. A barber shop or salon outside Nairobi can give you a net profit of up to 15,000 in a month.
4. Manicure/Pedicure Business
Every man or woman wants to look beautiful at the end of the day. This is business you can venture into and earn huge profits. This is another one of those businesses where you don’t necessarily need a room, you just need to buy your nail polish and attend to your clients in their homes and some even do it in their offices.
Some people in this kind of business started it while he still in campus and have risen to the level of being invited to big functions like weddings to take care of the makeup issues .
You only need a capital of less than 5,000sh if you don’t have a physical location.
5. Car wash business
As people keep on buying cars, you can take advantage and be the one cleaning them. Most people in this business target big restaurants or clubs. This business is very lucrative and requires little capital to start. All you need is a source of water and a license. You can start this business with just 1000sh.
6. Selling breakfast and lunches in offices
Most people who work have probably one hour of lunch which involves going out to get somewhere to eat. This business requires less capital and you can focus on supplying food to as many offices as possible. All you need is to get a go ahead from the top management in these companies to venture into the business.
It is one of the easiest and all you require is 1000-10,000 shillings to start depending on the number of customers you want to have.
7. Printing T shirts
This business is very lucrative as there are always functions happening. All you need is to start off by partnering with someone who has a machine. You can be giving him/her a certain percentage of the profit and within no time you will have bought your own machine.
Ever seen those t-shirts that go for up to 1000 shilling because it has been branded? Imagine now purchasing a t-shirt for just 150sh and selling it at let’s say 500sh.
All you require to start this business is a camera and a smart phone and you are off to go. You can purchase a good camera for just 10,000 in Kenya today. From there you can offer services during graduations, funerals, weddings, church events or even birthday party.
You can then print out these photographs or give your customers in soft copy. Most people charge 100sh per photograph to have it in soft copy. Imagine the profit even if you did three events in a month!
See what business from the ones listed you can start today and you will be on your way to becoming a successful entrepreneur.