With Norwegian investors keen on investing in the Bamboo
farming in Chesikaki ward, a wide range of business opportunities in Bungoma
County exits in many other wards and sectors of its economy.
The population of men in Bungoma County in 2015 is slightly below
a million. There are 807,157 men in Bungoma County. On the other
hand, the population of women in Bungoma County is much higher. The population
of women is 844,593. So as an entrepreneur we are looking at a total population
of one million six hundred and fifty thousand people (1,650,750 people to be
precise). This population of almost two million people forms a strong
foundation for all kinds of investment opportunities in Bungoma County in 2015.
Large and small business opportunities in Bungoma County exist in
the following sectors;
1. Health
Sector
The population of people in Bungoma County is large. The
population is slightly below two million people. In an area where there are
many people there are many health related issues. So with respect to health, an
investor can set up a dispensary or a clinic or a chemist (pharmacy outlet).
Well, with respect to setting up a pharmacy, an investor can look for towns or
shopping centres in Bungoma where there are hospitals or dispensaries which
will be sending patients to buy medications.
Since population greatly influences where a health facility such
as a clinic or a pharmacy is located, we have the projected population figures
for Bungoma County based on constituencies for the year 2015.
The constituency with the highest population in Bungoma County is
Kanduyi Constituency which has a population of almost a quarter million people
(224,273). The second most populated constituency is Tongaren constituency. The
population of Tongaren Constituency is 186,279. The population of other
constituencies in Bungoma County is as follows.
· At
third position is Bumula Constituency. The population of Bumula Constituency is
178,438.
· At
fourth position is Mt. Elgon constituency. The population of Mt. Elgon
Constituency is 171,348.
· Kabuchai
Constituency takes the firth position in terms of population. The population of
Kabuchai constituency is 140,315.
· Kimilili
takes the sixth position with a population of 130,907 people.
· At
the third last position in terms of population size is Webuye West
constituency. The population of Webuye West Constituency is 126,808.
· The
second last constituency in terms of population size in Bungoma County is
Sirisia constituency. The population of Sirisia Constituency is 102,040.
· The
constituency with the smallest population in Bungoma County is Webuye East has
a population of 100,982.
Now that we have explored how the population distribution is like,
it is time to hit the nail on the head. Based on population, an investor in the
health sector will look for opportunities first in Kanduyi constituency. And if
we look further at Kanduyi constituency, it has a very high population of women
at 115,238. Now, a high population of women simply implies a higher number of
babies and hence a demand for medicines for the small illnesses that normally
affect babies (Such as cold flue etc.). A high population of women in Kanduyi
Constituency also means that there is a high demand for contraceptives such as
family planning pills.
Well, all the constituencies in Bungoma County have populations
that are higher than one hundred thousand people (100,000) so health facilities
such as clinics and pharmacy shops will make good money in Bungoma county.
3. Building
materials.
Did you know that 79% of residents in Bungoma County are living in
houses that have been constructed using earth (Udongo/ Mchanga)? Well,
this fact alone sets a new stage in terms of business opportunities in building
and construction in Bungoma County.
In spite of 79% of the residents are living in houses made of
earth, 20% of the residents have houses made of cement and concrete. Well, what
is 20% of 1,659,750? Alright, the answer is 326,848. So what does the future
holds for an investor? Here is the thing, with a high population of people
living in houses made of earth/mud, opportunities are generated as more and
more people endeavor to construct permanent houses.
If you are an investor don’t hold back. Rush to Bungoma and set up
a business that sells building materials such as Cement, Corrugated iron
sheets, padlocks, window frames, glasses, sand, Terrazzo, etc.
Now, which is the best place to start a business in business in
Bungoma County that sells building materials? Mmmh, the answer is here. Pesa
Mashinani is proud to give you the answer. Kanduyi Constituency is the best
place to start a business that deals with building materials. The residents in
Kanduyi constituency are actively building permanent homes using cement and
concrete. Bumula constituency trails in the whole of Bungoma County in terms of
the number of residents who are building homes using cement and other concrete
materials.
At the county assembly level, Township ward has the highest number
of residents who are building homes using cement and other concrete materials.
Cheoyuk ward trails all the other wards in Bungoma County in terms of the
number of people who are building permanent houses using cement and other
concrete materials.
5. Household items.
Cups, plates, Sufurias, spoons and many other utensils are always
in demand thanks to the high population in the county. An average family size
in Bungoma County has between 4 to 6 children. So apart from utensils, other
items that are used at home are in demand. Just set up a small business in an
area that has a high population and watch as your business grow bigger and
bigger each and every minute.
6. Spare
parts
Well, like in other counties in Kenya, the Boda boda business is
booming in Bungoma County. So, for a small investor who is looking for
investment opportunities in spare parts business then Bungoma County is the
place to have an interest on. Reflector clothing, lubricants, tires and helmets
are some of the items that are in demand due to the high number of boda bodas
in the county.
Well, Toyota Probox and Toyota Corolla are common care models in
the county. So as an investor you can think of setting up a business that sells
spare parts in the different parts of the county.
7. Furniture
Well, with a population that will hit two million people by 2018,
it is only obvious for smart investor and small entrepreneurs to set up
businesses that make and/or sell furniture. As more and more people construct
permanent houses, they generate demand for furniture items such as tables,
beds, sofa sets, cupboards, stools and many other related items.
8. Bamboo
Farming
Perhaps this is something that many have not heard of because it
is a very new business opportunity in Bungoma County. Well, Norwegian investors
have expressed interest in Bamboo trees from Bungoma County which they will use
to make electric poles. So, small scale farmers in Bungoma County can consult
the county government on the viability of going into Bamboo farming.
9. Clothing
Business
Well, this is a business that has always made good money to small
investors. With Uganda just a stone throw away, many entrepreneurs from Bungoma
County are crossing the border and importing clothes to sell to the millions of
people in Bungoma County.
10. Electronics
Football is something that a majority of the population of men in
Bungoma County loves. So as an investor, you can set up an electronics shop
that sells television sets, FM radios, digital receiver boxes (Such as Go TV etc.)
and Satellite TV dishes (Such as DSTV).
Sale of Mobile phones
and mobile phone accessories is another
area that presents opportunities for investors in Bungoma County. Well, don’t
start a mobile phones business and stock expensive smart phones. It is wise of
you as an investor and an entrepreneur to stock affordable mobile phones that
will sell quickly. Some of the common specifications that will make you sell
the mobile phones quickly in this county include;
·
Mobile phones/ smart phones with FM radio
·
Affordable smart phones that have internet access.
·
Mobile phones/ smart phones that have a camera.
·
Mobile phones/ smart phones that can play video.
Always remember not to tock your business with expensive smart
phones which the majority of the population cannot afford.
Phone accessories that are in high demand in Bungoma County
include; memory cards, charges, earphones mobile phone batteries and mobile
phone casings.
11. Electricals
Electrical
cables for wiring houses have a very high demand in Bungoma County as
much of Bungoma County benefits from rural electrification. Kanduyi
constituency for example has a very high rate of electricity connections to new
houses every year.
The constituency that has the lowest rate of electricity connectivity
is Bumula constituency. So if you want to set up a business that sells
electrical cables in Bungoma County, you better consider Kanduyi Constituency.
Bumula Constituency should be at the bottom of your priority list in terms of
setting up an electrical shop until electricity connectivity in the
constituency improves.
So what should be stocked? Well an electrical shop in Bungoma County
should stock items such as;
·
Wiring cables
·
Electrical bulbs (energy savers)
·
Sockets
·
Switches and main switches.
12. Opportunities in Bungoma County Assembly
There are many tenders by Bungoma County government that are
always requesting for services and supply of items. Well, the services and
items that are needed are wide but some of the common ones include;
·
Supply of office equipment.
·
Supply of computer accessories such as toners, uninterrupted power
supply.
·
Construction and implementation of projects such as construction
of classrooms, dispensaries and community water projects.
·
Supply of beverages and refreshments.