Last updated on March 2nd, 2024 at 05:43 pm
What business can i start with 1k in kenya is common 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 1k. In this guide we’ve made it simple for you to understand everything you might need to get started right away.
What business can i start with 1k in Kenya?
Also Checkout: A full list of Businesses you can start with 1k, 2k, 3k in Kenya
- Selling Mandazis and Chapati
Requirements:
- A suitable location with high foot traffic
- Basic baking equipment and ingredients
- Knowledge of baking techniques
- Good marketing skills to attract customers
Pro:
- Low start-up costs
- High demand for fast foods like chapatis and mandazis
- Can easily expand the business by introducing new food items
Cons:
- Competition from other food vendors
- Need to maintain consistent quality and taste of the products to retain customers
- Risk of theft or spoilage of ingredients
Best Location:
- Near busy areas such as bus stops, markets, and schools
- Selling Baby Diapers
Requirements:
- A reliable source of baby diapers
- A storefront or online platform to sell the diapers
- Knowledge of baby sizes and types of diapers
- Marketing skills to reach potential customers
Pro:
- High demand for baby diapers
- Can easily expand the business by introducing other baby products
- Repeat customers and potential for customer loyalty
Cons:
- Competition from other baby stores and online platforms
- Need to manage inventory and ensure stock is available
- Risk of having unsold inventory and losses
Best Location:
- Near residential areas with a high population of families with babies
- Hawking
Requirements:
- A variety of products to sell
- A strong and sturdy cart to carry products
- Good negotiation skills to attract customers
- Physical fitness to walk around and hawk products
Pro:
- Low start-up costs
- Ability to sell products anywhere, anytime
- Can easily switch products based on demand
Cons:
- Requires physical stamina and endurance
- Risk of theft or loss of products
- Lack of stability and predictability in income
Best Location:
- Busy streets, parks, and areas with high foot traffic
- Weigh Measurements
Requirements:
- A weighing machine or scale
- A suitable location to set up the business
- Basic mathematical skills to calculate weights and prices
- Marketing skills to attract customers
Pro:
- High demand for weighing services
- Low start-up costs
- Can easily expand the business by introducing other services such as packing and labeling
Cons:
- Competition from other weighing businesses
- Need to ensure accuracy of measurements
- Risk of equipment malfunction and repairs
Best Location:
- Near markets, grocery stores, and other businesses that require weighing services
- Manicure and Pedicure:
Requirements:
- Training and certification in manicure and pedicure techniques
- Quality manicure and pedicure tools and products
- Space to set up your salon or mobile equipment
- Business license and permits
Pros:
- High demand for manicure and pedicure services
- Low start-up costs
- Possibility of repeat business from satisfied customers
Cons:
- Intense competition in the industry
- Physical demands of standing for long periods of time
- Need for continuous training and updating of skills and techniques
Best Location:
- Busy commercial areas with high foot traffic
- Near other beauty and grooming establishments
- Residential neighborhoods with a higher disposable income
- Open a Grocery Stall:
Requirements:
- Stock of various food items
- Stall or space to set up shop
- Capital for initial investment
- Business registration and licenses
Pros:
- High demand for grocery items
- Ability to set competitive prices
- Flexibility in product selection and sourcing
Cons:
- Limited operating hours
- Seasonal fluctuations in sales
- Need to maintain consistent product quality
Best Location:
- Busy marketplaces
- Near residential areas
- Near public transportation hubs
- Selling Mitumba:
Requirements:
- Access to secondhand clothing sources
- Capital for initial investment
- Stall or space to set up shop
- Business registration and licenses
Pros:
- High demand for affordable clothing
- Ability to set competitive prices
- Wide variety of products
Cons:
- Quality control issues
- Limited brand recognition
- Inability to offer returns or exchanges
Best Location:
- Busy marketplaces
- Near residential areas
- Near public transportation hubs
Also Checkout: List of Businesses to start with 5k in Kenya
Bonus: What Business Can i Start With 1k in Kenya?
- Selling Boiled Eggs and Smokie:
Requirements:
- Quality ingredients
- Mobile equipment
- Capital for initial investment
- Business registration and licenses
Pros:
- Low start-up costs
- Simple product with high demand
- Flexibility in product pricing
Cons:
- Limited operating hours
- Intense competition in the industry
- Need for consistent product quality
Best Location:
- Near busy streets or foot traffic areas
- Near schools or offices
- Near public transportation hubs
- Selling Coffee:
Requirements:
- Quality coffee beans and equipment
- Space to set up a coffee stand or shop
- Capital for initial investment
- Business registration and licenses
Pros:
- High demand for coffee
- Ability to set competitive prices
- Potential for repeat business
Cons:
- Intense competition in the industry
- Need for consistent product quality
- Need for continuous customer engagement and retention
Best Location:
- Near busy streets or foot traffic areas
- Near offices or coworking spaces
- Near schools or universities
- Roasting Maize:
Requirements:
- Quality maize
- Mobile equipment
- Capital for initial investment
- Business registration and licenses
Pros:
- Simple product with high demand
- Low start-up costs
- Ability to set competitive prices
Cons:
- Limited operating hours
- Intense competition in the industry
- Need for consistent product quality
Best Location:
- Near busy streets or foot traffic areas
- Near schools or universities
- Near public transportation hubs
Final Thought
Hope you liked this list of what business can i start with 1k in Kenya?
