- A recent survey shows Kenya’s unemployment rate is at 7.4 percent
- Kenyans need to stop looking for existing jobs and create their own by venturing into businesses
- There is a variety of businesses to try with the starting capital on between 10,000- 100, 000
Job searching in Kenya is not a new factor with over 1.4 million Kenyans looking for employment. According to a survey by the Kenya National Bureau of Statistics (KNBS), seven million Kenyans are unemployed. The survey, released on March 22, paints a grim picture of the country’s unemployment levels while shattering the 40 percent unemployment rate myth.
With Kenya’s unemployment rate at 7.4 percent, Kenyans are now opting to venture into businesses that will bring income and keep them going. With different amounts of starting capital, there are several options for those willing to quit the job hunt and be their own bosses.
Here are businesses to start in Kenya and the approximated starting capital required;
Movie shop KES 70,000 – 100,000
To start a movie shop, you will require renting a stall and purchase equipment. Reliable internet is also key to running the business so you can keep up with emerging videos for clients. Locating your shop close to Universities will obviously place you in a better position as they are willing clients.
Salon Business KES 50,000 – 100,000
A salon is defined by its location, services available among other factors. Renting a room and purchasing update equipment will make your business stand out. The kind of interior design you choose for your salon will define the class your clients place it.
Car Wash Business KES 50,000 – 100,000
Kenyans are buying cars now more than ever. You can easily tap into washing the cars for them by starting with at least 15 cars daily. You will require an easy to access yard, reliable source of water, water storage and equipment.
Butchery 50, 000- 80,000
Meat is perishable and venturing into it requires ample planning. A good location with potential clients should be your first lookout. Getting a reliable source of meats is also key in venturing in the butchery business. Close proximity to a slaughterhouse may do more good.
Money transfer 20,000- 50,000
Money transfers hit the country with a bang with almost every Kenyan using MPesa almost ion a daily basis. Operating a money transfer business requires a branded shop, an ETR machine, registration and need by clients. Siting a good location for this may not be hard as money transfer is required everywhere every time.
Commercial cleaning 80,000- 100,000
Companies and businesses have long stopped hiring their own cleaners and are now contracting outside companies to get the work done. You will require reliable staff, equipment, and materials to get this done. To get clients, you will need to market your company, by letting possible clients know your brand and consider giving you a tender.
Boda Boda business 50,000- 80,000
The Boda Bodas make one of the fastest growing business in Kenya with many Kenyans using boda-bodas to carry our errands and reach places they could walk to before. Every town and shopping center has a number of boda-boda operators who ferry people to and fro. To begin this, you’ll need to purchase or rent a motorbike, protective gear and you’ll be ready to go.
Online accessories store 30,000- 40,000
Technology has enabled so many things to happen with much ease. Operating an online shop only requires you to have a social platform where potential clients can see your brand and make orders. Popular online shops include those of accessories, clothes, shoes, kitchenware among others. Accompanying your products with pictures is a good marketing strategy in this case.
Daycare 20,000- 30,000
Kenya has many working people with children who they have to leave during working hours. In the past, these children were left with nannies and house helps but now things are different. Daycares offer parents a chance to leave the children under professional care in their preferred environment. To open a daycare, you have to secure a children friendly environment, facilities and to market your brand.
Milkbar 20,000- 30,000
Milk, being perishable requires careful handling. To venture into this business, you will need a refrigeration system, reliable supply of milk and an identified market gap. With the coming of milk ATMs, you can be able to grow the business to supply milk to a large group of clients.
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