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If you have Ksh150, 000 in Kenya, there are plenty of businesses to start and earn decent profits. In this article, we shall outline profitable businesses to start with Ksh 150k anywhere in the country. We will particularly focus on low risk businesses with reasonable profits.
Wines and spirits shops are mushrooming all over. If you see such business growing that fast, it means it’s profitable.
You require Ksh20, 000 to Ksh30, 000 for license and Ksh 100,000-Ksh150, 000 for setting up the business. This means that the total capital required is Ksh 100,000 to Ksh 200,000. Wines and Spirits shop will generate for you at least Ksh 1000 per day.
The only issue with wines and spirits business is that police may harass you and force the business to close down. Before setting up the business, know how to handle the police, befriend them.
Another profitable business to start with Ksh150,000 and below is a grocery shop. The good thing about this business is that you can even start with Ksh20, 000 and grow with time.
A Kibanda in Nairobi iko na pesa than most jobs people do. Imagine a watchman earns Ksh 15,000 yet in your kibanda with a stock of Ksh 150,000, you make Ksh 3000 daily.
Grocery shop can generate for you more than Ksh2, 000 per day depending on how busy your location is.
The only challenge is that you will be selling perishable products, meaning that you have to clear the stock in time.
Academic writing is one of the most profitable ventures in Kenya. To buy one account, you need Ksh100,000 to Ksh150,000. Once you have the account, employ people to do the tasks and earn over 100k per month.
There are thousands of Kenyans earning a living through academic writing.
Academic writing is not a walk in the park, it requires a lot of commitment. You also need skills
Another business that will not disappoint you is bodaboda business. To buy a brand new bodaboda, you require Ksh80, 000 to Ksh120, 000.You will then hire someone to operate it.A bodaboda will generate Ksh500 to Ksh3,000 per day.
The good thing is that nowadays there are companies offering boda boda loans cheaply. One of them is Mogo.The company requires down payment of Ksh 18,000. Repayment amount is just Ksh 199 per day.
Start an MPESA shop plus agency banking. Ksh150,000 is the average capital for starting the business. MPESA shop is a profitable venture, but only if it’s strategically positioned.
With a good flow of customers, you’ll manage to earn more than Ksh1,500 per day.
To maximize the profits, don’t stick to Mpesa business only, incorporate other businesses like Bank Agency, selling of fresh juices and water.
Another business that’s hotcake in Kenya today is perfume refill business. There are people who don’t afford Ksh30,000 to buy perfume but they can buy a portion of it.
In Nairobi, perfume refill business is doing extremely well.
A capital of Ksh150, 000 is required.
PlayStation needs a lot of capital, Ksh 150,000 to Ksh 500,000.If you can afford this money, I am sure you won’t regret having started the business.
A single PlayStation shop will generate Ksh3,000 to Ksh40,000 per day.
PlayStation is one of the riskiest businesses in the country. People can organize to steal your entire stock. The market for those machines is ready. The business is as risk as gas cylinder business.
Before setting up the business, first do a background check to determine the security situation in that area. You will also install CCTV in your premise and if possible, hire a watchman to guard the business.
Try any kind of farming and you won’t regret. I remember this year, one of my neighbours sold a sack of maize for Ksh11,000. He had 100 sacks which earned him over Ksh 1 million.
If you already have land,you need a capital of as low as Ksh 20,000 to start farming.
Grow vegetables, keep dairy cows, grow avocado, watermelon or fruits. Any kind of farming will make you rich.
At the moment watu wameamlia sheep farming. Most of our butcheries are selling sheep meet instead of goat meat. As a farmer, the business will thrive.The nice thing about sheep is that they mature faster. They also feed on grass and shrubs and anything edible.
Nowadays people prefer buying cereals from small shops as compared to supermarkets. Start selling Pishori rice from Mwea, cereals from the village and even maize flour which is not processed from industries.
The business does well in major towns where farming is not done like Mombasa and Nairobi.
A capital of Ksh50, 000-Ksh150, 000 is needed.
Think about butchery business, this is one of the lucrative businesses in towns. Many people underrate this business but the truth of the matter is, it’s very profitable.
With Ksh100, 000 –Ksh150, 000, you are ready to go. You’ll need Ksh20,000 for licenses and Ksh100,000 for setting the business up.
People will always eat in restaurants especially in towns. Restaurant business will never disappoint you as long as your services are good.
You need a capital of Ksh150, 000 for starting a restaurant. You can open a normal food restaurant or a fast food restaurant.
If you start a Kinyozi, you’ll need Ksh50,000 only but the profit won’t be much but if you start Kinyozi, salon and SPA your profits will be high.
To increase your profits,set up executive salon,Kinyozi and complete with massage room.This will cost over Ksh 500,000 to start. The positioning should be in leafy suburbs where residents can afford to shave for Ksh 500 to Ksh 1,000 per head.You will grow faster with executive salon.
It’s one of the businesses that will generate instant profit. A capital of Ksh 70,000 to Ksh 150,000 is enough. The business should be a secure environment because it’s mostly a top target of thieves.
Cooking gas business will generate profits of Ksh 500 to Ksh 3,000 daily.
Capital: Ksh 150,000 to Ksh 400,000
Rent: Ksh 15,000 to Ksh 30,000
License: Ksh 10,000 to Ksh 15,000
Expected daily profit: Ksh 500 to Ksh 3,000
Car wash is extremely profitable especially if it’s set up in major towns and cities.
Capital: Ksh 150,000 to Ksh 300,000
Rent: Ksh 20,000 to Ksh 30,000 monthly
License: Ksh 10,000 to Ksh 20,000 annually
Expected Daily profits: Ksh 800 to Ksh 10,000
The challenge is to get regular supply of water. Your employees should also be reliable and honest.
Capital: Ksh 150,000
Expected profit per day: Ksh 400 to Ksh 1,500
You need a motorbike to do the work. A motorbike costs Ksh 100,000 to Ks 150,000. If you don’t have ready capital, get boda boda loan from Mogo or Watu Africa. But Mogo is the best and has good reviews.
Here are the deposits to pay to get the boda boda:
Boxer—Ksh 38,000(Daily payment Ksh 431)
TVS—Ksh 34,000(Daily Payment Ksh 389)
Haojin—Ksh 32,000(Daily Payment Ksh 323)
Honda—Ksh 35,000(Daily Payment Ksh 352)
Buy plastic seats and tents then hire them out for events. You should also buy music systems for those events. The items will be hired for graduation events, weddings, funerals and other celebrations. To buy the items, you will spend Ksh 150,000 to Ksh 200,000.
Nice addvice
the best
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