The key to financial freedom is investing. Although some investments require a lot of capital, there are investment options that are friendly to the low and middle-income earners. There are many Businesses to Start with 20k in Kenya in 2018.

Although these businesses seem easy to start, they require time and commitment for them to succeed. A majority of rich business people also started with small investments then grew to become multi-millionaires. This means that with the right business idea and determination, one can achieve a lot in life.

This article is for those who want to start a business with a capital of Ksh. 20,000 or less. In this article, you will find a list of Businesses to Start with 20k in Kenya in 2018. Also, the article gives a brief description of the business idea. Read through.

List of Businesses to Start with 20k

Below is a list of Businesses you can start with as little as 20k in Kenya. The list is accompanied by a brief description of the business idea.

1. Operating a Salon/ Barbershop

Starting a salon or a barbershop doesn’t require a lot of money. A shaving machine costs around Ksh. 5000 and other appliances necessary when shaving. On the other hand, operating a salon only require your skills and nothing more.

With this business, you do not necessarily need a permanent location. You can be offering your services to clients in the comfort of their homes. However, such business activity calls for commitment and reliability in order to boost the loyalty of your customers.

If you have a physical location where customers can come for your services, branding is very important. With good branding and quality service, people can pay as much as Ksh.2000 just for a haircut.

2. Selling second hand (Mtumba) Clothes

Many young people have resolved to sell this kind of clothes. In urban centres and estates, stalls with ‘mtumba’ clothes are a common feature today. For success in this business, one needs to select fast moving items such as kids clothes and official ladies’ dresses.

The target market is normally students and middle-income earners. Vendors get the clothes from wholesale traders in places such as Gikombaa the resell them at a profit. If the item is unique and in good shape (Camera). it can be sold at as much as three times its purchasing price.

With this kind of business, all that is needed is a reliable source of clothes and a steady market base. One can increase the market base by advertising on social media.

3. Printing and Photocopying

This is a lucrative business you can start with as little as Ksh. 20,000. The business will thrive more when located near education institutions such as university or colleges. Many students are always out to either print or photocopy notes and assignments.

With rates at Ksh. 3 per page, you can make good money from the many students seeking your services. A good and affordable printer will cost you at least less than 20K. All you need to succeed in this business is to be available and provide quality copies.

4. Poultry farming

Chicken rearing is one of the most lucrative agricultural activities in Kenya today. You can either start with as little as 10 chics then grow as time goes by. A one-day-old chick will cost you less than Ksh.100 and when mature, one chicken can be sold at Ksh.400.

Although they require a lot of care and maintenance. broilers are the best option if you want to advance in this business. When taken care of well, broilers take a maximum of 5 weeks to mature. This means that if all goes well, you can make a 150% profit within five weeks.

However, this activity requires a lot of involvement and maintenance. The chicken needs to be vaccinated and fed on a daily basis. Although traditional chicken (Kienyeji) are easy to manage since they are resistant to most conditions, they take a lot of time to mature hence not good for business. This means that the cost of running the business might be a lot but in the end, returns are also good.

5. Selling Baby Diapers

Baby diapers are a household item that many families need. If you have a reliable source of diapers, you can be distributing them to estates where families live for some money.

If your source gives you the best deal, you can sell the diapers to people at a price slightly lower than what shops and supermarkets offer. This will help you contain the competition and be the trusted supplier.

However, you need to be extra careful in this business because of counterfeits. Low-quality diapers might have health effects on babies and this will land you in trouble with your customers.

6. Operating a Daycare/ school

With the current economy, many parents spend a lot of time away from home looking for money. They definitely need someone to take care of their little children. This is a reason why starting a Daycare is a good idea.

All you need to start this kind of business is an extra room and a little furniture. This will cost you less than 20k and you will be making good money spending time with children.

7. Start a Car Wash

This is a lucrative business in Kenya today. So many Kenyans have cars and they would rather give someone to wash it for them than wash it themselves. This business thrives depending of your location.

If you wash 100 cars at Ksh.200 per car, this means you make Ksh.20,000 a day. All one need is a water pump and a good water supply. The good thing with Car Wash business is that you do not need an enclosed space. It can still thrive in an open area.

8. Start a Movie shop

A movie shop is one of the easiest businesses to start and run. With a laptop or desktop computer, you can rent a room and start selling movies to customers.

The business needs to be located in a well-populated area such as residential estates. On a good day, a movie shop can earn you up to Ksh.5000 in a day.

9. Operating a Coffee Shop

Big restaurants selling coffee such as Java all started as small coffee shops. Through quality services, the shops grew to become a big name in the hotel industry.

Starting a coffee shop will cost very little, all you need is the dedication to serving customers. Once a customer enjoys the services, they are likely to recommend others to your shop and that is how you grow your customer base.

10. Cleaning services

With the rise in the number of residential buildings, cleaning is one of the most sought-after services. With less than 20k, you can purchase a few tools and detergents then start providing these services to people at a fee.

Within a short time, you can employ other people to be working under your name. This will help you increase your customer base as you grow over time.

11. Selling Ladies’ bags

Ladies love to show off what they have. In most cases, ladies identify themselves with new and trending bags. This is a good business opportunity. You can make good money by selling the latest bags to ladies.

For success in this business, the target market is mostly students and those working. This business does not require you to have a physical shop. You can do the marketing online and deliver the bags to customers as they order them.

12. Selling Fruits and Vegetables

Many people want to live a healthy lifestyle, This means a day doesn’t pass without them having a fruit or vegetables as part f their diet. This is an opportunity for one to make money out of such habits by starting a fruits and vegetable vending business.

The business will do best in areas where there is enough traffic such as in residential estates. With less than 20,000 shillings, you can start this business and make a fortune out of it.

To start and grow a business to a big name in any industry, you need to make the right decisions. Although the above-named business ideas are easy to start and run, failure is certain if you do not choose your location wisely. Therefore, before you start a business, you should be prepaired to pay the price in terms of hard work.

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