Starting a business with a budget of 50,000 KES (Kenyan Shillings) offers numerous opportunities across various industries. Whether you’re interested in retail, services, or production, here are some viable business ideas you can start with 50K in Kenya, including potential revenue.
1. Mini Grocery Store
A mini grocery store selling essential items such as food, toiletries, and household goods can be a profitable venture. This business caters to daily needs and can attract a consistent customer base.
Initial Investment Breakdown
- Rent and Setup: 15,000 KES
- Initial Stock: 25,000 KES
- Licenses and Permits: 5,000 KES
- Marketing and Miscellaneous: 5,000 KES
Potential Revenue
- Daily Revenue: 1,500 to 5,000 KES
- Monthly Revenue: 45,000 to 150,000 KES
2. Poultry Farming
Poultry farming, particularly chicken rearing for meat (broilers) or eggs (layers), is a profitable agribusiness. This venture can be managed with minimal space and investment.
Initial Investment Breakdown
- Chicks: 10,000 KES
- Housing and Equipment: 15,000 KES
- Feed and Vaccines: 15,000 KES
- Licenses and Permits: 5,000 KES
- Miscellaneous: 5,000 KES
Potential Revenue
- Monthly Revenue (Broilers): 30,000 to 100,000 KES
- Monthly Revenue (Layers): 20,000 to 70,000 KES, depending on egg production
3. Second-Hand Clothes (Mitumba) Business
Selling second-hand clothes (Mitumba) is a popular and profitable business in Kenya. You can purchase bales of clothes and sell them at local markets or online.
Initial Investment Breakdown
- Bale of Second-Hand Clothes: 25,000 KES
- Market Fees and Licensing: 10,000 KES
- Display and Storage: 10,000 KES
- Marketing and Miscellaneous: 5,000 KES
Potential Revenue
- Daily Revenue: 1,000 to 3,000 KES
- Monthly Revenue: 30,000 to 90,000 KES
4. Mobile Food Vending
With the growing demand for convenient food options, starting a mobile food vending business can be lucrative. This could include selling snacks, drinks, or even full meals from a mobile cart or small food kiosk.
Initial Investment Breakdown
- Food Cart or Kiosk: 20,000 KES
- Initial Stock (Ingredients, Packaging): 20,000 KES
- Licenses and Permits: 5,000 KES
- Marketing and Miscellaneous: 5,000 KES
Potential Revenue
- Daily Revenue: 1,500 to 5,000 KES
- Monthly Revenue: 45,000 to 150,000 KES
5. Salon or Barber Shop
Personal grooming services are always in demand. Starting a small salon or barber shop can be a steady source of income, offering haircuts, styling, and other grooming services.
Initial Investment Breakdown
- Salon/Barber Equipment (Clippers, Hair Dryers, Chairs): 25,000 KES
- Rent for a Small Space: 10,000 KES
- Initial Stock (Shampoos, Gels, etc.): 10,000 KES
- Licences and Permits: 5,000 KES
Potential Revenue
• Daily Revenue: 1,500 to 5,000 KES
• Monthly Revenue: 45,000 to 150,000 KES
6. Cyber Cafe and Printing Services
With many people requiring internet services, printing, and photocopying, starting a small cyber cafe and printing business can be profitable.
Initial Investment Breakdown
- Computer and Printer: 30,000 KES
- Internet Setup: 10,000 KES
- Miscellaneous (Chairs, Desk, Paper): 10,000 KES
Potential Revenue
- Daily Revenue: 1,000 to 3,000 KES
- Monthly Revenue: 30,000 to 90,000 KES
7. Event Planning and Decoration
Event planning and decoration are in high demand for weddings, parties, and corporate events. With a small initial investment, you can start offering these services.
Initial Investment Breakdown
- Decorative Items and Supplies: 25,000 KES
- Marketing and Advertising: 10,000 KES
- Licenses and Permits: 5,000 KES
- Miscellaneous: 10,000 KES
Potential Revenue
- Per Event: 10,000 to 50,000 KES
- Monthly Revenue: 40,000 to 150,000 KES, depending on the number and size of events.
Conclusion
Starting a business with 50K in Kenya is achievable with the right idea and approach. Whether you choose a mini grocery store, poultry farming, second-hand clothes, mobile food vending, salon, cyber cafe, or event planning, each of these businesses offers significant revenue potential with careful planning and execution.