Getting a job in Kenya has become very hard for most people and especially youths who have just cleared campus. With the COVID-19 pandemic rendering thousands jobless, most people have had to look for alternative ways to earn an income. On the other hand, some people have been employed for a long time and wish for a change, that is, becoming self-employed. As the country’s economy slowly picks, here are five business ideas you can start with under Ksh50, 000 in Kenya.
Fresh juice vendor
Selling fresh juice and fruits not only helps you earn money, but also keep the society healthy. All you need is a blender that will cost you around Sh5,000 and a couple of containers that are less than Sh1,000. You can even opt to do online deliveries if securing a physical location might pose a challenge. Start selling to your closest friends as you build your market.
Assuming you are not going for a high-end executive salon in Nairobi CBD, which might even cost you more than Sh1,000,000, opening a simple salon at your neighbourhood might be a good start. All you need are blow dry equipment and hair products that will cost you less than Sh50,000. However, it will be great if you can get some tips from those who are already in the business.
You can never go wrong when it comes to selling female items. Handbags are essential to women right from campus students, working ladies, or even retired women. With less than Sh30,000, you can gather a few bags for a start. One of the most popular places to purchase these bags at an affordable rate is in Eastleigh. After that, you can go sale them in your neighbourhood and earn some profit.
Selling smokies and eggs
Smokies and eggs filled with Kachumbari have become the most popular snacks in Kenya. Starting this business does not require a lot of capital. With as little as Sh10,000, you are good to go. You can make a profit of about Sh8-Sh10 depending on where you buy your eggs and about Sh7 bob on a single smokie.
Shoe shining business
This is another profitable business you can start with less than Sh20,000. The business can even be more profitable during the rainy season. Most people do not want to get to the office with dirty shoes filled with mud. All you need is water, shoe polish, a brush and a piece of cloth. Good luck!