Due to the high unemployment rate in the country, many young Kenyans have opted for self-employment and entrepreneurship.
In many urban centers, many young people have started businesses with as low as Sh 2000 and make a decent daily income from the investment.
Amid the tough economic times, there are still many businesses that one can start with a capital of Sh 10,000. They include;
- Perfume Refilling Business
The perfume refilling business has gained momentum in Kenya, especially among students and low-income earners. The business is profitable in highly populated areas like Roysambu, Githurai, Nairobi CBD, among others. It is easy to start since one can operate from a very small area without necessarily paying rent.
A small container of perfume costs around Sh 100 and can be sold at Sh 180. The success of this business depends on how well the investor understands their consumers’ tastes and preferences.
- Mitumba Business
The mitumba sector in Kenya has employed over two million people. One of the reasons why the sector has attracted many Kenyans is that there are low entry barriers for traders. Many Kenyans in the middle class prefer second-hand clothes since they are cheap and of high quality. This makes it easy for traders to get the unending market demand across the year.
With a capital of Sh 10,000, one can buy a sizable stock of trousers, trench coats, lady tops, skirts, dresses, or baby clothes. Many traders prefer buying ladies’s tops and dresses and baby clothes as they are cheaper than men’s clothes. With a good marketing strategy through various social media platforms like Twitter, Instagram, Facebook, and TikTok, one can easily get a market for their products without necessarily setting up a shop. This makes the business cost-effective.
Mitumba products often have 100% profit thus doubling your capital.
- Selling Undergarments
With a capital of sh 10,000, one can start selling undergarments like vests, panties, boxes, socks, and bras. There are many reasons why one should venture into this area. First, the market is less competitive due to fewer sellers. Secondly, the business is profitable. Lastly, the items are small in size and therefore can be carried in large quantities.
To have a profitable investment, you should get a good supplier who will offer goods at low costs. These undergarments can be bought in bulk from suppliers in the Eastleigh market.
- Make and Sell Pillows
A capital of Sh 10,000 is enough for one to buy materials and make bed pillows, throw pillows, or sofa pillows and sell them at a good price.
In many markets, a pillow cushion retails at Sh 70 to Sh 150. You also need a tailor who will make the pillows for you at a cheaper price.
If the pillows are attractive and unique, it is easy to sell and market them on various social media platforms including WhatsApp, Facebook, or TikTok. You can also sell them to hotels.
- Home Cooking
In urban areas, many people are focused on their jobs and have limited time to cook at home. This business targets people who do not wish to spend on hotel meals and wish to reduce the cost.
When starting this business, the person should be passionate about cooking. The business also needs marketing and branding to attract clients who will make an appointment where the chef will visit their homes.
You can print out cards announcing your services and the respective menu. In some instances, you can prepare meals from home and deliver them to clients who will have ordered at a specific time.
This will ensure that you have multiple clients from different locations.
