Pesa Mashinani: Small Booming Businesses in Kenya 2015

As you walk in the streets you will see men and women sitting down. They are focused in what they are doing. They know that they are the next big investors locally and regionally. Their future is as clear as crystal because
their daily sales have wide profit margins.

Today we want you to be one step ahead of these men and women. We will not only inform you about the small booming businesses in Kenya 2015 but we will also give you important details about each of them. The business we are going to look at will not cost you more than KShs. 70,000 to start.

There is a simple rule that whenever you see a Kenyan sitting down then know that the Kenyan man/woman is running a profitable business.

#1. Mobile money transfer kiosks

The mobile money transfer kiosks such as M-pesa kiosks and Airtel kiosks are almost the trademark of every town in Kenya. It is one type of businesses that still has a lot of potential.

The most important thing if you want to set up one these kiosks is to select a strategic location. Where do you mostly withdraw money from? Isn't it in one of those kiosks close to the bus stage or next to a supermarket? So one of the best locations for these kiosks is close to the following areas;

Apart from offering mobile transfer services, these kiosks also sell airtime. Now, you cannot underestimate how much you can make by selling airtime in a strategic location within a busy street or a bus stage.

#2. Clothing ventures

The clothing ventures can be divided two;

The clothing boutiques/ exhibitions may not have a high sales turn over compared to the open air clothing outlets. However, the clothing boutiques tend to have a higher selling price per sale. The clothing boutiques are also well positioned in building a customer base. Some people will simply end up being your regular customers by the mere fact that they have liked the quality of your products.

The open air markets have revolutionized so much. In some years ago, the open air cloth markets were associated with low quality mitumba. Things have changed. Right now the open air markets offer high quality clothes as compared to the past year. The main challenges in the open air clothing business is competition and weather conditions. Are you strong enough to stand in the scorching sun for hours while you try all you can to retain a bargaining customer?

#3. Boda boda

The boda boda business couldn’t escape our mind. However, this business doesn’t belong to you if you are not willing to drive a motorcycle up and down a dusty road 100 times a day.

#4. Solar lamps

Thanks to whoever started advocating for green energy. Several households are now moving away from using kerosene lamps. The future of domestic lighting in several homes in Kenya is solar powered lamps and lanterns.

The price of one solar powered lantern goes for at least KShs. 800. The best part of it all is that even the urban residents are also buying these lamps due to the frequent power blackouts.

The future of the solar lamps business in Kenya is very promising. The rural electrification is being implemented at a slow pace. The price of paraffin keeps increasing. These two are just some of the conditions that make the future of solar lamps business very promising.

The solar lamps can be sold in a simple kiosk or in the open air market. The important step to make is to identify a wholesaler who will sell the lamps to you at a low price.

Many small jewelry shops are sprouting in every corner in our towns. These shops are barely more than 2 metres by 2 metres. They are so tiny in space. Pesa Mashinani refers to these small jewelry shops as dynamites because they are small but they generate a lot of income. Why don’t you consider starting a jewelry shop in 2015 in a strategic location in your local town?

The main strategic locations for small jewelry shops in Kenya include;

We have not mentioned anything about agricultural businesses. We have kept away from the agriculture sector because many people suffered huge losses in the past years. One such business was poultry farming. Many small scale poultry farmers suffered huge losses after investing thousands of shillings.

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