Did you know there are businesses to start with 1k in Kenya? Well, now you know. This article highlights businesses with which you can start with using a thousand shillings as your start-up capital or even less.
Note that you need to apply a great deal of hard work and determination in order to climb up the ladder of success with these businesses. It’s also good to start a business with whatever you have because business is all about starting whether small or big.
Without further ado, here is a list of businesses to start with 1k in Kenya
Selling Mandazis and Chapatis
One business you cannot go wrong about it is preparing chapati and mandazis, especially in a densely populated area.
The business requires space for business, a source of energy, and charcoal does best. Add on a pan, flour, and cooking oil and you are good to go.
Selling Baby Diapers
This is a lucrative business with a low budget. Start by finding a supplier to buy from at a cheaper wholesale price. You then make deliveries across your neighborhood.
As time goes, you will attract a loyal base of customers whom you will be making deliveries often. That will in turn give you the opportunity to grow and expands to areas.
Hawking
Apart from being harassed by “Kanjo” on several occasions, hawking is a great business which you can start small and thrive within a short while.
You can venture in by selling bubble gums, sweets, biscuits, drinking water, and soda in bus terminus and stations.
On a bad day, a hawker goes home with around 1200 shillings. What is stopping you?
Weight Measurement
Well, you are wondering how this is even lucrative but I can tell you for a fact that it’s one of the most ignored yet lucrative businesses right now.
All the business wants is somewhere there is a traffic of people moving, for example, the busy streets and bus terminals. You are sure to get not less than 50 people per day. That translates to 500 shillings just for a few hours.
With the 1 thousand shillings, you can opt for a second-hand machine.
Manicure and Pedicure
Women of this age want to look beautiful in front of their men and one aspect of beauty is their nails. Most of them either have not mastered the art of nail polishing or they have no time to do it themselves. They, therefore, seek services from skilled artists. Why not be one of them?
To be an artist, you need to have the skills to do the job well and a capital of around 1k to cater the nail polishes. Just start with the basics and upgrade when your client base increases.
Open a Grocery Stall
With 1k at hand, you can comfortably start a grocery stall and be a “mama mboga”. Start with the basic vegetables such as kales, spinach, tomatoes, onions, dhania, pilipili hoho and so on.
The secret here is to provide clean and quality services to your customers for you will be assured of their return the next day.
Bring in more vegetables as the business expands.
Selling Mitumba
Mitumba business is also another business in Kenya where you need as little as 1k to get started. It also doesn’t need any educational background. The best place to get the second clothes in Nairobi is the famous Gikomba Market.
Once you have the stock, set up a place where people can see and buy. You can also take your business online and advertise on Facebook and Instagram
Selling Boiled Eggs and Smokies
Imagine making 10 shillings profit per egg and 13 per smokie? That’s the reason why it has been voted among the most lucrative businesses in Kenya with low initial capital.
For a start, you will need to buy 30 eggs each 10 shillings and a pack of smokies going for around 230 shillings. The rest of the cash is to pay for a daily Kanjo fee and hiring a vending trolley.
Selling coffee
I’m sure you have seen individuals hawking coffee in the evening around populated areas for instance a bus station.
Those people are making over 300 shillings per flask.
Roasting Maize
Roasting maize is a business you can start with a capital of less than 1000. You need a supply of fresh maize and charcoal, which will cost you around eight hundred shillings. The profit margin is 100% for every full maize sold. For instance, a full unroasted maize cost Ksh 10, and a fully roasted maize cost Ksh 20.
Locate your business in a highly-populated area in order to increase your returns. The market is at a peak in the evenings, but you can increase your income working throughout the day.
Final Word
That’s basically a list of businesses to start with 1k in Kenya. Start now or you will never start. Don’t mind starting small, what matters is whether you are dreaming big or not. Good luck!
