What business can I start with 1million in Kenya?

How can I invest 1m in Kenya?

Other banks with good interest on savings include equity bank and cooperative bank.

  1. Bonds. The next best way to invest your 1 million Kenya shillings is to invest in government or company bonds. …
  2. Shares. …
  3. Binary Options trading. …
  4. Real Estate trading. …
  5. Land. …
  6. Conclusion.

Which business can you start with 500k in Kenya?

Butchery. Butchery is a lucrative business idea that you can start with less than 500k. You need to register your business in Kenya and get the necessary permits, including the health permit. You are sure of making at least Ksh 3,000 every day.

What should I invest 50K in Kenya?

Here are the best businesses to start with 50K in Kenya

  • Nail parlor.
  • Mitumba business.
  • M-PESA agent business.
  • Baking.
  • Small restaurant.
  • Grocery store.
  • Dry cleaning.
  • Cereal shop.

How can I make 5000 a day in Kenya?

10 Businesses that can earn you 5k per Day Online in Kenya

  1. Affiliate marketing. …
  2. Consultation. …
  3. Sell niche products. …
  4. Rent out a room in your home in Airbnb. …
  5. Airbnb rental arbitrage. …
  6. Use an income generating software. …
  7. Drop shipping. …
  8. Sell outsourced services online.
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Which is the richest company in Kenya?

5 Richest Companies In kenya

  • Kenya Commercial Bank. The company was established in July 1896 and is known as one of the most loyal and richest banking companies in Africa. …
  • Equity Bank. …
  • East Africa Breweries Limited. …
  • Safaricom limited. …
  • Kenya Airways limited.

What products are in high demand in Kenya?

Products You Can Never Go Wrong Selling Online in Kenya

  • Wireless phone charger. As the smartphone market share increases, so does the need for a wireless phone charger.
  • Dog collars and others like bowls and dog toys. …
  • Watches. …
  • Shapewear. …
  • Baby toys. …
  • Wireless earbuds. …
  • Evening dresses. …
  • Phone cases.

How much do I need to start a shop in Kenya?

The cost of starting a shop in Kenya is between Ksh 50,000 and Ksh 100,000. You can grow your business and stock it as your business grows. The most expensive part of a retail shop is to pay rent. If you can find a cheaper place to rent, it can significantly reduce your startup capital.

Which business is best in Kenya?

List of the best businesses to start with 200k in Kenya

  1. Cyber café A cyber café is the best business to start in Kenya with 200k. …
  2. Laundry service business. …
  3. Selling clothes. …
  4. Farming. …
  5. Cake baking business. …
  6. Grocery store. …
  7. Mobile money transfer. …
  8. Wines and spirits.

What business can I start with 5k in Kenya?

Here are the top 10 businesses to start with 5k in Kenya:

  • Affiliate marketing. Affiliate marketing is one of the most common ways to make money online. …
  • Freelancing. …
  • Consultation. …
  • Online coaching. …
  • Tutoring. …
  • Personal training. …
  • Graphic designing. …
  • Build websites.
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How can I make 100K in Kenya?

Best Businesses to Start With 100K in Kenya 2020

  1. Bodaboda business.
  2. Fish Farming.
  3. Fruit Farming.
  4. Wines and Spirits.
  5. Bakery.
  6. Photography.
  7. Fashion house.
  8. Sacco Investment.
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