Best & Profitable businesses to start with 50k in Kenya 2023/2024

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There are a couple of best & profitable businesses to start in Kenya with as little as Ksh 50,000.This amount is not huge, anybody can raise it.With 50k as the capital, some of the businesses will yield more than Ksh 3,000 daily.

Below is a list of those profitable businesses to start with Ksh50, 000 only in Kenya 2023/2024:

GROCERY SHOP

Start grocery shop business anywhere in Kenya and you can’t regret injecting your capital into the business. Nowadays people in towns depend on food from the villages, you can act as the middleman. Set up a place for selling fruits and vegetables, you can start with a small grocery and later grow when you get more capital.

A busy grocery in Nairobi will generate a profit of Ksh 2,000 to Ksh20,000 per day.

CEREALS BUSINESS

Another business you should set up with 50k is cereals business. Most of the money will go to acquiring space and licence.Sell things like beans,njahe and maize .You can also sell cooking flour.

BUY AND SELL KIENYEJI CHICKEN

Set up a space in a market where you sell kienyeji chicken only. This is a very profitable business. I can tell you for free, every day you will be making up to Ksh 50,000 from the business.

SELLING MUTURA/SMOKIES/SAUSAGES AND BOILED EGGS

Set up a place where you sell mutura, sausages, smokies and boiled eggs. If you sell all these at ones, you will make decent income per day. The capital required is less than Ksh50, 000.The good thing is that you don’t necessarily require a license, you will pay some amount daily to the county.

START CLEANING SERVICE COMPANY

Start the business of cleaning items like carpets, homes, clothes and seats. You can set up an office and employ people to do the work. This is one of the best businesses to start at the moment because people are busy, they don’t have time to do cleaning in their homes.

HAWKING

You can hawk anything, from water, clothes, shoes etc.One advantage of hawking is that you don’t pay tax and licence fee. The amount of money you need as capital depends on the type of products you wish to sell, some products are very expensive, they need up to Ksh50,000.

KINYOZI

Open your own kinyozi in a busy environment. The Ksh50, 000 is enough for a small kinyozi in estates. But if you want to start executive Kinyozi in Nairobi CBD,you must have more than Ksh 50,000.

SELL CHIPS/MANDAZI AND CHAPATI

Start the business of selling Chapati, Mandazi and chips along the road.Do your research to identify a busy street where to set up the business.

START YOUR OWN BLOG

Blogging is a lucrative activity. With a capital of Ksh 20,000 you are ready to go. You need a web hosting service, WordPress template and how to make money.

Bloggers in Kenya earn through AdSense, MGID, Sponsored posts and by selling their own items. We have bloggers who make up to Ksh4 million per month.

START SELLING ITEMS ONLINE

Create WhatsApp groups, Facebook, Instagram and Telegram pages where you sell items online. Boost your pages with part of the 50k, you’ll get clients. Sell things like smartphones, clothes and shoes.

If at all you wish to succeed in selling items online, make sure they are not fake, you should also deliver the items—usifanye ukora.

BECOME A REAL ESTATE BROKER

Start marketing real estate products online for companies. You need a website and social media pages. You will be earning commissions for every product you sell. There are plenty of apartments and land to market online for commissions.

If you want to become very successfully, set up an office. You will use the Ksh50, 000 for setting up the office.

SMALL SCALE FARMING

If you have a small land, start growing kienyeji vegetables and sell to people in town, grow tomatoes, cabbages, Sukuma wiki and sweet potatoes.Those are some of the products which are hot cake in the market.

START A SMALL HOTEL

Set up a small hotel where you sell basic items like tea, coffee, mandazi,chapati,ugali ,beans and githeri.This one should be set up in ghetto estates like Kayole,Pipeline and kibera.You can set up such near a market.

START SELLING MIRAA

Set up a miraa base especially in Nairobi,Mombasa,Kisumu and Nakuru.Miraa business is very profitable, it won’t disappoint you. You can sell miraa, soup,njugu and cigarettes.

LUGGAGE STORAGE SPACE

Rent a space in towns to store items for people.This is one booming business especially in Nairobi and other major towns.There are people who alight from long distance vehicles and have nowhere to keep their luggages.If you set up the space in a strategic place, you will get many clients.

AIRBNB

Airbnb requires that you rent and furnish a home for people to rent.Ksh 50,000 is enough to rent at least one bedsitter and furnish it.Start small and grow with time.

Please ensure you keep secrets,don’t record your clients.Most of the people who visit Airbnb are married guys who need privacy.

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