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What profitable business can I start with 50K in Kenya?

What profitable business can I start with 50K in Kenya?

Here are the best businesses to start with 50k in Kenya.

  1. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya.
  2. Salon/barbershop.
  3. Hardware store.
  4. Grocery store.
  5. Mobile money agent.
  6. Farming.
  7. Milk bar.
  8. Car wash.

What small business can I start with 50K?

Businesses you can start with 50K or less

  • Food Business:
  • Plantain chips business:
  • Popcorn business:
  • Candle production:
  • Sales of mobile accessories:
  • Bead making and wire works:
  • Sales of perfume and other cosmetics:
  • Hair/Barbing saloon:
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Which business is the most profitable in Kenya?

Here is a list of the most profitable businesses to start in Kenya:

  • Car wash businesses.
  • Laundry Business in Kenya.
  • Cosmetics Business in Kenya.
  • Spare-parts sales Business in Kenya.
  • Travel agency business in Kenya.
  • Computer Sales Business in Kenya.
  • Food sales Business in Kenya.
  • Landscaping Business in Kenya.

What can I do with 50k?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor.
  2. Individual Stocks. Individual stocks represent an investment in a single company.
  3. Real Estate.
  4. Individual Bonds.
  5. Mutual Funds.
  6. ETFs.
  7. CDs.
  8. Invest in Your Retirement.

What businesses are in demand in Kenya?

Most Profitable Businesses in Kenya

  • Internet / Cyber Cafe’ store. A good number of people still visit cyber cafe despite the availability of cheap computers.
  • Selling snacks at the office.
  • Travel agency.
  • Owning a fleet of Bodaboda.
  • Cake making business.
  • Mobile Money transfer shops & bank agents.
  • Butchery.
  • Photography.
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What are the best businesses to start with Ksh 50K in Kenya?

A second-hand clothing store is also among the best businesses to start in Kenya if you have Ksh 50,000. Since the clothes are affordable, they are in high demand among the low and middle-income Kenyans, who make up for a huge market segment. Therefore, with a good location, you can be sure to have a very thriving business.

What are the most profitable businesses to start in Kenya?

Salon and barbershop are other profitable businesses you can set up in Kenya. The capital for setting up an executive salon or barbershop is high, but for about Ksh 50,000, you can start a small but profitable venture in your neighbourhood.

How much does it cost to start a farming business in Kenya?

And with an ever demand for food across the country, farming is the perfect business opportunity for any aspiring entrepreneur in Kenya. With a good piece of land that has access to water, 50k or less will be enough to start a good agribusiness.

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How much does it cost to start a hardware store in Kenya?

Therefore, about Ksh 20,000 – 50,000 is enough to set up a very profitable hardware store. Just need to make sure that the business is in a good location, say for example, in an urban setting or close to where several construction projects are taking place.