Most profitable businesses to start with 100k in Kenya (2023/2024)

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If you have a capital of 100k in Kenya and you wish to start a business that will not generate a loss for you, we have a list of the most profitable businesses to start. We will only focus on the most profitable businesses and leave those that might lead to losses.

While you have appetite to do business, remember that it’s upon you to make it successful or not depending on how you run it.

Below is a selected list of best and most profitable businesses to start in Kenya with 100K

GROCERY SHOP

Start a grocery shop where you sell fruits and vegetables. You will be required to have a capital of Ksh30, 000 to Ksh100, 000.Grocery shop especially in Nairobi is profitable, it will generate a profit of Ksh1, 000 to Ksh20,000 per day depending on the size of business and number of customers buying from the shop.

SELL CEREALS

One of the most underrated businesses is that of selling cereals. You will buy one sack of maize for Ksh 3,000 and sell the same for Ksh 7,000.The same will happen when selling beans and other cereals.

Nowadays most people take uji and they buy unga from cereal shops.

The good thing about cereal business is that the products don’t expire as long as they are stored in a dry place.

MPESA & BANK AGENY BUSINESS

With Ksh100, 000,you can start MPESA shop alongside agency banking business. The business will cost Ksh100, 000 to Ksh150, 000, which is the cost of setting up the business and paying for license.

If you set the business in crowded estates like Pipeline and Githurai,you will make Ksh2,000 to Ksh10,000 daily.

BODABODA BUSINESS

Another business to start with just Ksh100, 000 is Bodaboda business. You can buy an old bodaboda for Ksh80,000 and put it on the road. If you are riding it on your own, you will be making Ksh800 and above daily.

BUTCHERY BUSINESS

Start a butchery for less than Ksh100, 000. Butchery business is among the most profitable businesses in Kenya at the moment. You only need a fridge to store the business and basic items required for a butchery which will consume Ksh50, 000.Then select a good source for meat and start the business.

Make sure the meat you sell is not for dog or donkey, you should create trust between you and your clients so that you can retain them.

FAST FOOD RESTAURANT

Start a small fast food restaurant especially near colleges/universities. Most of these restaurants don’t even require sitting space, people will buy and go to eat in their homes.

Once the business starts booming, look for a bigger space where your clients will sit and enjoy the meal.

WINES & SPIRITS SHOP

Wines and Spirits is very profitable but when you know how to deal with police officers. At first they will harass you but eventually they will leave you to thrive. To set up the shop you need a capital of Ksh100,000 to Ksh200,000.You will be making profits of Ksh2,000 to Ksh15,000 daily.

DAIRY FARMING

Right now dairy farming is a profitable venture and the good thing is that you don’t need a lot of land to practice this type of farming. Start with one cow and add more later.One cow will produce at least 10 kgs of milk per day which you will sell and make over Ksh800.To buy one dairy cow, you need Ksh50,000 to Ksh80,000

GENERAL FARMING

The Ksh 100,000 is enough to so farming. Grow profitable crops like cabbages, tomatoes and watermelon. You can also grow kienyeji vegetables, Sukuma wiki or cabbages.

CHICKEN REARING

Chicken rearing is also extremely profitable, but you should focus on kienyeji chicken .The demand for kienyeji chicken is very high. With Ksh 100,000 you will buy 300 chicken, keep them for 6 months and sell for Ksh 250, 000, making a profit of Ksh 150,000.For one year you will make over Ksh300,000.

MOBILE PHONE REPAIR BUSINESS

Learn basic skills of repairing mobile phones, then set up a business of repairing mobile phones. The capital may be less than Ksh 100,000.Daily profits will be Ksh3, 000 to Ksh30, 000.

SALON & KINYOZI

Set up a small salon and kinyozi, they will need a capital of Ksh100, 000 to Ksh 300,000.The two will earn huge profits especially if you get honest employees.

HOTEL BUSINESS

There is no business that is as profitable as hotel business in major towns. This is because nearly everyone living in major cities like Nairobi take lunch in these cities. The capital for starting hotel businesses is Ksh 100,000 to Ksh500,000 depending on location.

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