Question: What Business Can I Start With 20k In Kenya?

What business can I start with 50k in Kenya?

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

Kenyans love food, especially various types of meat.

Movie shop.

There is a high demand for western films and TV shows provided by streaming services in Kenya.

Salon/barber shop.

Hardware store.

Grocery store.

Mobile money agent.

Farming.

Milk bar.More items…•.

What is a good business to start with 20k?

ClaimTek. Another franchise you can start for under $20K is the medical billing and documentation franchise ClaimTek. With the medical industry in the U.S. growing at a phenomenal rate, becoming involved in medical, dental and practice management consulting is a lucrative business to start.

Who is the richest man in Kenya 2020?

Daniel Toroitich Moi1. Daniel Moi & Family. The richest person in Kenya, worth $3 billion (Ksh300 billion) is Daniel Toroitich Moi & Family. Daniel Moi (who died 4th Feb 2020), is a former politician who served as the second President of Kenya, an entrepreneur, investor, and businessman.

How many billionaires are there in Kenya?

42 billionairesKenya has 42 billionaires and 9,600 super-wealthy people – report. Kenya has 42 individuals who are worth more than Sh3 billion ($30 million), this is according to Knight Frank’s global wealth report, released on Wednesday.

What are the most successful small businesses?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

How can I make money fast in Kenya?

28 Genius Ways To Make Money Online in KenyaBitcoin trading. … Paxful’s Affiliate Program & Peer Program. … Create a virtual store. … Sell your products on online marketplaces. … Create a blog and run ads on it. … Run niche websites. … Academic writing. … Transcribe audio and video clips.More items…•

What business can I start with 10k in Kenya?

List of the top business ideas that one can do in Kenya with less than Kshs. 10,000.Selling Ice Creams. … 2. Fruits business or Juice blending. … Selling boiled eggs and smokies. … Car wash. … Printing and photocopying. … A salon or barbershop. … Selling second-hand clothes (also called mitumba.) … Movie shop.More items…•

Which is the richest company in Kenya?

This has made Safaricom the most profitable company in Kenya with a net worth of over Sh1. 1 trillion. The company made a cool Sh65 billion in the 2018/19 financial period. East African Breweries Limited (EABL) is an alcoholic brewer formerly known as Kenya Breweries Limited (KBL).

Who is the richest man in Kenya now?

Manu ChandariaGenerating a net worth of $1.7 billion, Manu Chandaria is the richest man in Kenya. He is is a Kenyan businessman of Indian descent.

How much do I need to start a shop in Kenya?

The cost of starting a shop in Kenya is between Ksh 50,000 and Ksh 100,000. You can grow your business and stock it as your business grows. The most expensive part of a retail shop is to pay rent. If you can find a cheaper place to rent, it can significantly reduce your startup capital.

Which is the most profitable business to start in Kenya?

Most Profitable Businesses to Start in Kenya 2019Cyber Cafe.Selling Snacks.Travel Agency.Boda Boda ( Motorcycle)Cake Making.Garbage Collection.Mobile Money Transfer.Butchery Business.More items…•

How can I make 1000 a day in Kenya?

How to make Ksh 1,000 Daily With your PhoneGo to MPESA.Select Lipa Na MPESA.Select Buy Goods and Services.Enter MPESA till number (705909)Enter amount (Ksh999, Ksh499)Enter MPESA pin and send.

What type of shop is most profitable?

So read on below and thank us later.Coffee Shop and Bar. When you think of your neighborhood coffee shop and bar, you might not think of the same establishment. … Pet Grooming and Boarding. … Clothing Boutique. … Vape Shop. … Bakery. … Grocery Store/Specialty Food Shop. … Lawn and Gardening Service. … Food Truck.More items…•

What business should I start in 2020?

20+ Best Business Ideas of 2020Dropshipping. Are you looking to sell products online but don’t have the money to buy and store inventory? … Translation. … Home-based Catering. … Virtual Assistant. … Website Flipping. … Personal Shopper. … Online Tutoring. … Greeting Cards.More items…•

Which is the cheapest business to start?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•