There are hundreds options of a business you can start with Ksh 100, 000 in Kenya.
Of these, quite a good number are viable while others can be a huge risk and are only suitable for those with a high risk appetite (don’t forget the law of business- the higher the risk, the higher the return).
This article will introduce you to profitable businesses you can start with Ksh 100, 000 in Kenya (we shall tell you about associated profit margins, how to start, growth prospects and more).
Let’s jump in..
Business You Can Start With Ksh 100,000 In Kenya
Pick a Business to start with 100k in Kenya from the following list:
- Car wash business
- Boda boda business
- Catering business
- Fruit farming
- Commercial cleaning
- Fish farming
- Fashion business
- Money transfer business
- Day care business
Car Wash
This is a promising business you can start with Ksh 100,000 in Kenya.
And the good thing is that nearly anyone can engage in a car wash venture.
Here are the very few requirements;
- Car washing machine- it goes at around 33k to 85k in Kenya. In terms of quality, the best in the market includes Sun Joe SPX3001, Worx WG629, and Karcher K1700 electric pressures.
- Good, busy location- ensure it is somewhere with significant flow of traffic. And you can lease some strategically located plot in town for this.
- Then the obvious ones- Reliable water supply and washing soaps/detergents.
Let’s do the math now:
The average rate of cleaning a car in Kenya is Ksh 200.
Suppose you had just 10 a day? That’s a cool Ksh 60,000 per month.
On the minus side, you need to pay for the following:
Lease (give it 10k)
Labour- you mostly pay 50% of the rate per car (Kshs 100*300=Kshs30000)
Water and soaps- Kshs 10K.
Profit (with just 10 cars and we have overestimated some of the costs) would come to about Kshs.10000/-
And you know you can do many more cars (though the best ways of expanding the margins is managing the costs- like negotiating better rates for the lease, using a cheaper source of water, etc.)
Plus, as you grow, you can accommodate extra services like night car parking, cleaning carpets etc. to boost your revenue.
Boda Boda Business
Did you know that a boda boda operator situated at Nairobi earns up to Ksh 2,000 daily?
On the other hand, a rural situated operator is believed to earn at least Ksh 700 on bad days.
Tell me: Isn’t that enough to pay your bills?
With good discipline and professionalism, this is a business you can grow super fast (simply be courteous and professional to customers, ride well, provide a helmet, and generally stand out).
The best part?
A motor cycle in excellent condition will set you back between 50,000 to 80,000 in Kenya so you will have some pocket change to buy insurance and other essentials.
Go for it especially if you’ll be the rider yourself (hiring a rider will alter the maths dramatically as most are not honest).
Catering
If, like a lot of Kenyans you have a deep passion for a food related career, you could be sitting on a goldmine.
You need to buy essentials such as cookware, tents, plastic chairs..you name it.
But the secret is making sure you do proper marketing of your business and ensuring you wow your market with yummy meals.
Your 100K should be enough to get you started – of course you need to study the competition first- and if you allow your business to grow naturally, you might be surprised how big it becomes in a few short years.
And oh, did I mention that the profits from one event can be awesome- some events (think weddings, dowry events, and parties) can net you a minimum of Kshs. 10,000 per event.
Think about it!
Fruit Farming
Though fruit farming is seasonal, it is a business you can start with Ksh 100,000 in Kenya with your own land or by leasing.
Now, the price of subleasing land in appropriate areas for fruit growth is below 10k per acre for 2-3 seasons (near a dependable water source).
The labour is not that high and most of the money will go to seeds, fertilizer, and such supplies.
In return, a well implemented fruit farming project has the potential of making over Ksh 1M per hectare.
Fast-moving fruits include mangoes, apples, tomatoes (time the season well), watermelon, banana, oranges, tomato tree, and passion fruits.
Go for it if you have always felt that you have a thing for farming!
Commercial Cleaning
The other business that could be worth starting with your 100k in Kenya is commercial cleaning.
Commercial cleaning involves thoroughly cleaning cleanable objects or spaces in your client’s office or premises.
And you need equipment and supplies such as a Vacuum cleaner, carpet cleaner, spray bottles, detergents, toilet brushes, mops, squeezers, and buckets your 100K can buy all these.
Here is the thing: The average pay for commercial cleaning services is around Ksh 1500 per hour in Kenya so you should be good once you get enough customers.
Speaking of customers, you need to market like your life depended on it- both online and offline (even going door to door in the early days).
Fish Farming
Freshwater lakes in Kenya e.g. Victoria are overfished leading to scarcity of the sea foods.
As their demand is increasing rapidly, fish rearing can be another profitable business you can start with Ksh 100,000 in Kenya.
You just need to find ideal land (with adequate fresh water supply), hire a pond constructor, order your preferred fish species, and then pay for their feeds.
The cost of constructing a pond depends on soil type and the weather but this, plus buying fingerlings and feeding should not go over Kshs 100K – you want to start small.
Keep in mind that Tilapia fish is the bestselling in the Kenyan market while Atlantic Salmon is the most profitable.
Fashion Business
The most profitable segment in the fashion ventures is LADIES’ WEAR- Women have a great sense for fashion ranging from shoes to clothes and accessories.
Though a good measure of capital is necessary to operate a boutique you can literally start a small enterprise and expand as you grow.
The profits can be as much as 100% on trendy pieces of clothing and shoes and you can hit the jackpot soon with good location, exquisite selections, and excellent customer service.
Money Transfer Agency
Eruption of banks and alike systems that facilitate hundreds of thousands of cash transactions presents another not fully exploited business opportunity in modern Kenya.
Apart from MPESA, you can become an agent of leading banks -Equity, Co-operative, and KCB- while also offering related services such as agency for SACCOs in your area (approach them to find if they offer agency banking).
The pay is in commission depending on the volume of transactions (and amounts transacted) every 30 days.
Overall, in urban centers you can reap more than Ksh 50,000 in a good month (there are people who earn more by far).
What you need is again a nice location and enough capital (don’t tell people you don’t have float!)- and your 100k can be a good starting point.
Day Care Business in Kenya
The final business we recommend is kids-oriented and it’s perfect for those who find kids fun and cannot get enough of spending time with young ones.
From our research, the cost of purchasing the basics (think seats, tables, mattresses), renting space, and marketing your daycare center can easily be met with your Ksh 100,000.
The average rate per kid per day is kshs100 so with about 10 heads, you will pocketing Shs.30000 per month (of course less rent and the utilities, assuming you run the business yourself).
Now imagine having 30 kids (which is an attainable number)?
You will be on your way to financial stability before you even know it!
Wrapping It up
Be sure to get a license and other permits required to run the business you choose…
Needless to say, nothing can be annoying as having to run a business while looking over your shoulders just because you didn’t pay a Kshs7000/- county government permit fee (ambitious entrepreneurs don’t do that!).
Good luck!
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