What Business Can i Start with 5k in Kenya

Last updated on March 2nd, 2024 at 05:43 pm

What business can i start with 5k in kenya is common challenge among many Kenyan that needs to be addressed in full.

So if you’re wondering about what business idea in Kenya you can start with just with 5k. In this guide we’ve made it simple for you to understand everything you might need to get started right away.

Here’s is a list of businesses to answer the question what business can i start with 5k in kenya:

1. Selling Pillows

Requirements:

A supplier of high-quality pillows
A space to store and display the pillows
Marketing materials and strategies to promote the pillows

Pro:

High demand for pillows, especially in areas with high population density
Potential for repeat customers and referrals
Can offer a variety of pillow types and designs to cater to different preferences

Cons:

Competition from other pillow sellers in the market
Can be affected by seasonal trends and changes in consumer preferences
Need to maintain a consistent supply of high-quality pillows

Expected profit per day: Kshs. 1,500 – Kshs. 5,000

Market:

Individuals who are looking for high-quality pillows for their homes or businesses
Hotels, resorts, and other hospitality establishments

Best Location: High traffic areas such as malls, markets, and commercial areas

Also Checkout: Complete list of businesses to start with 1k in Kenya

2. Drinking Water Distribution

Requirements:

A reliable source of clean and safe drinking water
Water storage containers
A distribution system such as a vehicle or bike
Marketing materials and strategies to promote the business

Pro:

High demand for clean and safe drinking water, especially in areas with limited access to clean water
Potential for repeat customers and referrals
Can offer different sizes of water containers to cater to different customer needs

Cons:

Competition from other drinking water suppliers in the market
Need to ensure consistent supply of clean and safe drinking water
Potential for equipment breakdown and maintenance costs

Expected profit per day: Kshs. 2,000 – Kshs. 10,000

Market:

Individuals and households without access to clean and safe drinking water
Businesses and institutions such as schools and hospitals

Best Location: Areas with limited access to clean and safe drinking water, such as rural areas and informal settlements

3. Selling Mitumba Shoes and Clothes

Requirements:

A reliable supplier of high-quality second-hand shoes and clothes
A space to store and display the items
Marketing materials and strategies to promote the business

Pro:

High demand for affordable second-hand shoes and clothes
Potential for repeat customers and referrals
Can offer a variety of items to cater to different customer needs and preferences

Cons:

Competition from other second-hand clothes and shoes sellers in the market
Can be affected by seasonal trends and changes in consumer preferences
Need to maintain a consistent supply of high-quality items

Expected profit per day: Kshs. 2,000 – Kshs. 8,000

Market:

Individuals looking for affordable second-hand shoes and clothes
Retailers looking to stock their stores with affordable items

Best Location: High traffic areas such as markets, malls, and commercial areas

4. Selling African Beadwork

Requirements:

A reliable supplier of high-quality African beadwork
A space to store and display the items
Marketing materials and strategies to promote the business

Pro:

High demand for authentic African beadwork, especially in areas with high tourist activity
Potential for repeat customers and referrals
Can offer a variety of beadwork designs to cater to different customer needs and preferences

Cons:

Competition from other beadwork sellers in the market
Can be affected by seasonal trends and changes in consumer preferences
Need to maintain a consistent supply of high-quality beadwork items

Expected profit per day: Kshs. 2,000 – Kshs. 8,000

Market:

Tourists looking for authentic African beadwork souvenirs
Individuals looking for unique and culturally significant accessories

Best Location: Tourist hotspots such as national parks, museums, and cultural centers

5. Set a Kibanda Hotel

Requirements:

Basic cooking skills
A cooking space or kibanda
Utensils and cooking equipment
Food ingredients and spices
Permits and licenses

Pro:

Low startup costs
High demand for affordable food
Potential for high profit margins
Opportunity for growth and expansion

Cons:

Intense competition
Limited menu options
Seasonal changes in demand
Lack of consistent customers

Expected profit per day (in Kshs.):

Depending on location and menu, profits can range from Kshs. 2,000 to Kshs. 10,000 per day.

Market:

Target market would be individuals who are looking for affordable food options, including students, blue-collar workers, and those on a budget.

Best Location: A high-traffic area, such as a busy street, market, or university campus, would be the best location for a kibanda hotel.

6. Selling Ice Cream

Requirements:

A source of electricity
An ice cream cart or kiosk
Ice cream ingredients and flavors
Ice cream scoops and cones
Permits and licenses

Pro:

Low startup costs
High demand for ice cream in hot climates
Potential for high profit margins
Opportunity for growth and expansion

Cons:

Seasonal changes in demand
Need for refrigeration or ice
Intense competition
Limited menu options

Expected profit per day (in Kshs.):

Depending on location and demand, profits can range from Kshs. 3,000 to Kshs. 15,000 per day.

Market:

Target market would be individuals who are looking for a sweet and refreshing treat, including children, teenagers, and families.

Best Location: A high-traffic area with high footfall, such as a park, beach, or tourist destination, would be the best location for an ice cream business.

7. Perfume Refilling

Requirements:

Knowledge of perfume making and mixing
Fragrance oils and essential oils
Glass bottles and sprayers
Marketing and branding materials
Permits and licenses

Pro:

Low startup costs
High demand for affordable perfume options
Potential for high profit margins
Opportunity for growth and expansion

Cons:

Limited fragrance options
Intense competition
Need for marketing and branding
Need for knowledge and skills in perfume making

Expected profit per day (in Kshs.):

Depending on location and demand, profits can range from Kshs. 2,000 to Kshs. 10,000 per day.

Market:

Target market would be individuals who are looking for affordable perfume options, including students, young professionals, and those on a budget.

Best Location: A high-traffic area with high footfall, such as a mall or a busy street, would be the best location for a perfume refilling business

8. Freelancing

Requirements:

Skills in a specific field
A computer or laptop
Reliable internet connection
Portfolio to showcase your work

Pro:

Flexibility in working hours and location
Opportunity to work with clients from all over the world
Potential to earn a high income
Opportunity to work on different projects and improve skills

Cons:

Inconsistent income
No benefits such as health insurance or paid time off
Need to constantly market and promote yourself to find new clients

Expected profit per day: It varies depending on the type of work and the client, but on average, a freelancer can earn between Kshs. 2,000 to Kshs. 10,000 per day.

Market: The freelance market is highly competitive, but there is a growing demand for freelancers in various industries, including writing, graphic design, programming, and more.

Best Location: Freelancing can be done from anywhere with a reliable internet connection.

9. Blogging Requirements:

Strong writing skills
Knowledge and expertise in a specific niche
Basic understanding of website design and management

Pro:

Opportunity to share knowledge and expertise with a global audience
Potential to earn passive income through advertising and affiliate marketing
Opportunity to network with other bloggers and industry experts
Flexibility in terms of working hours and location

Cons:

It can take time to build a following and start earning income
Need to consistently create high-quality content to maintain readership
Can be time-consuming and require a significant amount of effort

Expected profit per day: It varies greatly depending on the niche, traffic, and monetization strategies, but on average, a blogger can earn between Kshs. 1,000 to Kshs. 5,000 per day.

Market: The blogging market is highly competitive, but there is a demand for blogs in various niches, including lifestyle, food, travel, and more.

Best Location: Blogging can be done from anywhere with a computer and internet connection.

10. Graphic Designing Requirements:

Strong design skills
Knowledge of design software such as Adobe Photoshop and Illustrator
Good communication skills to understand client needs and preferences

Pro:

Opportunity to work on creative projects and express artistic skills
Potential to earn a high income
Opportunity to work with clients from different industries and niches
Flexibility in terms of working hours and location

Cons:

Can be highly competitive
Need to constantly upgrade skills to stay competitive
Can be challenging to balance creative vision with client demands

Expected profit per day: It varies depending on the project and client, but on average, a graphic designer can earn between Kshs. 3,000 to Kshs. 15,000 per day.

Market: The graphic design market is competitive, but there is a demand for design services in various industries, including advertising, marketing, publishing, and more.

Best Location: Graphic designing can be done from anywhere with a computer and internet connection, but being located in a major city can offer more opportunities to work with clients