Starting a business in Kenya can be daunting and challenging, as it requires a lot of dedication, hard work and capital. However, if you have a budget of 100K or less, there are many lucrative businesses in Kenya you can start with 100k or less and still make a good living.
When it comes to most lucrative businesses to start with 100K in Kenya, the options are quite vast. Here are some of the most popular and successful businesses that you can start with a budget of 100K or less.
Here’s is a list of most lucrative businesses to start with 100k in Kenya
- Boda Boda Business
- Fish Farming
- Wines and Spirits
- Butchery Business
- Bakery Business
- Milk Dispenser
- Nail Parlour
- Mitumba clothes
- Fashion House
- Electric Shop
- Import and Sell Ladies Shoes
- Small Salon
- Fruit juice and Pudding
- Become an Uber Driver
- Become a Tutor
- Become a Drop shipper
- Open a Retail Store
- Become a Freelancer
- Invest in Real Estate
- Become an Online Entrepreneur
1. Become an Online Entrepreneur
With the rapid growth of the internet, more people are now turning to online businesses as a source of income. You can start an online store, become a consultant, or create a website. All of these options require minimal capital and can be very profitable.
2. Invest in Real Estate
Real estate is one of the most profitable investments in Kenya. With just 100K, you can purchase a small property in a good location and earn a profit by renting it out or by reselling it.
3. Become a Freelancer
Freelancing is becoming increasingly popular in Kenya and offers great potential for success. With just 100K, you can start your own freelance business and offer your services to clients. You can specialize in web design, graphic design, copywriting, or any other service that you are skilled in.
4. Start a Food Business
Food businesses are very popular in Kenya and can be a great way to make money. With a budget of 100K or less, you can open a food truck, become a caterer or start a small restaurant.
5. Open a Retail Store
If you have an eye for fashion, you can open a retail store with a budget of 100K or less. You can find great deals on clothing, accessories, and other items and resell them to make a good profit.
6. Become a Dropshipper
Dropshipping is becoming more popular in Kenya and can be very profitable. You can find a dropshipping partner and start selling products without having to handle any of the stock or shipping.
7. Become a Tutor
You can start a tutoring business with a budget of 100K or less. You can offer tutoring services in a variety of subjects like mathematics, English, and science.
8. Become an Uber Driver
Uber is a very popular and profitable business in Kenya. With just 100K, you can purchase a car and start making money by driving people around.
9. Start a Mitumba business
Mitumba business involves selling second-hand clothing and other items. It is popular business in many African countries which you can starting with a small capital of 100k or less, providing affordable clothing options while also promoting recycling and reducing waste.
These are just some of the most lucrative businesses to start with 100K in Kenya. With hard work, dedication and the right knowledge, you can make any of these businesses a success.