This article will guide you on business to start with 10k in Kenya.
Before we proceed, the starting capital of 10K (ten thousand) is translated into Kshs (Kenyan shilling), and thatโs why Iโll refer to this amount as Ksh 10K throughout the article.
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I have grouped the businesses you can start with 10K in Kenya into four broad categories as follows:
- Online Businesses
- Service industry
- Retail Industry
- Agribusiness
All the businesses listed below will fall under these categories.
List of Businesses to Start with 10K in Kenya
Here is a list of profitable businesses to start with 10K in Kenya:
The following online business ideas in Kenya require minimal starting capital.
1. Blogging
A blog, in simple terms, is a website where you create contents to be viewed by your target audience online. Itโs profitable if you pick the right topic for your blog and know your target audienceโs needs or wants.
Blogger is a free blogging platform in Kenya to kick-start a profitable online business with 10K.
2. Affiliate Marketing
Affiliate marketing allows you are selling other peopleโs products online while earning commission every time someone buys after clicking your link or banner.
To get started, you will need two things:
Website to start affiliate marketing.
A PayPal account for receiving payments from your online sales.
If you donโt have a blog yet, this is the best way to start an online business with a small investment of 10K in Kenya.
3. Freelancing Business
Freelancing is when you offer your services online to customers looking for help in areas where you are strong enough.
People who need freelancers are primarily big companies that canโt manage their time to complete specific projects due to a lack of expertise in the area they want help in or just too many projects piling up.
To become a good freelancer, you must be an expert in your field and always available when clients need you to work for them online.
You can start with 10K in Kenya by offering writing, graphic designing, programming, etc.
4. YouTube Channel Businessย
You can make money through YouTube channels in Kenya, but you must invest more than 10K. With 10K, you can use this to purchase equipment such as a good phone, a tripod, and other accessories to make your videos look professional.
You can also start a YouTube channel business on a shoestring budget of 10K in Kenya, but youโll need to be creative since the equipment will eat up most of the amount.
However, there is potential in starting a business with your YouTube channel within 6-12 months if you focus on it and work hard.
To grow your YouTube channel, you must learn to engage your audience by providing them with high-quality content to make them come back for more.
Video content is becoming popular in Kenya, hence the potential to grow your online business through YouTube.
5. Digital Influencer Business
You donโt need 10K in Kenya to become a digital influencer. All you need is to be creative and passionate about what you do.
As a digital influencer, you will influence your audience by helping them solve problems they might be facing through engaging and helpful content.
This can translate into making money online, and apart from blogging, this is another way of starting a profitable online business with 10K in Kenya.
Of course, if you are popular enough to be recognized by well-positioned brands, youโll make good money from your social media platform. Viewers or followers can request sponsorship if they like what you do on the internet.
money from your first week.
Retail Industry Businesses
The retail industry is broad, and some of the small business ideas you can start in Kenya with 10K include:
12. Second-Hand Clothes Business (Mitumba)
Many people canโt afford new clothes and will be happy to get high-quality used items for a lower price. You can make good profits from this business by buying used clothes in bulk and selling them at an affordable price.
13. Ladiesโ Shoes & Handbags Business
Ladiesโ shoes and handbags are accessories that many women like. You can start this business with 10K in Kenya and make good profits by buying good quality items at a low price and reselling them to your targeted customers.
You can buy these shoes and handbags wholesale from Kamkunji in Nairobi and sell them at a profit.
14. Street food business
Street food is trendy in Kenya, and many people, especially the youth, do not mind patronizing these shops even if it means eating foods that may be past their expiry date.
You can take advantage of this opportunity by starting a street food business to sell different snacks or meals in high demand on the streets. Examples of these foods include; Smokies, Boiled eggs, fries, etc.
Youโll need initial capital to buy the equipment and build or hire a place for the incubator.
20. Rabbit Rearing Business
Rabbit meat is a delicacy in Kenya, and youโll be able to make good returns from this business if your area is home to many people who love eating rabbit meat.
You can start by buying baby rabbits at a cheap rate, feeding them well, and eventually selling them when they become mature.
Businesses to Start with 10K in Kenya Tips
Before going into these small business ideas in Kenya with 10K, you should consider these few tips to help you start your business successfully.
1. Choose an Area for Your Business
You need to choose a location to sell your products or services. It is necessary to conduct surveys before selecting an area with good demand for your products or services.
2. Formalize Your Business
After choosing an area where youโll start this business, youโll also need to register it as a business name to protect you from liabilities in case things go wrong with your business.
3. Open a Bank Account
It will be necessary to open a bank account for this business. This is necessary because it will also help you supply documents for tax purposes and receive payments from your customers if they pay you through banks.
4. Promote Your Business
In addition to formalizing your business, youโll also need to promote it so that people will know about the products or services youโre selling in the market. You can create a Facebook page, promote your business online, or ask your friends and family members to help you advertise it.
5. Be Patient
This is one of the essential tips you should follow when starting any business. Many people give up after some time because they do not get immediate returns. So if you want to succeed in business, you should have a lot of patience.
In Summary
The business ideas in Kenya with 10K can be operated anywhere and give you good returns.
There are many opportunities in such businesses that you should take advantage of. It would help if you chose an area with a high demand for your products or services, formalized your business, opened a bank account, and promoted it through different means like the internet.
It would help if you also were patient when running this business because not all businesses start making profits immediately. This is one of the essential tips for starting any business in Kenya because many people give up when they do not get immediate returns.
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