Where can I invest 100K in Kenya?

Which business can I start with 100k in Kenya?

Top 10 businesses to start with 100k in Kenya

  • Pallet furniture. Pallets are the wooden structures used for support when transporting goods and containers. …
  • Mobile saloon/barber. …
  • Mobile massage services. …
  • Start a travel agency. …
  • Start an advertising agency. …
  • Sell niche and trendy products. …
  • Real estate wholesaling. …
  • Sell Bonsai trees.

What business can I invest with 100k?

We will release concrete courses and tutorials on how to start with these ideas.

  • Soap making business.
  • Food stuff delivery service business.
  • Affiliate marketing or direct sales business.
  • Perfume production business.
  • Fashion production business.
  • Fashion retail business.
  • Digital content creation business.

What can I do with 50k in Kenya?

Here are the best businesses to start with 50k in Kenya.

  1. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. …
  2. Salon/barbershop. …
  3. Hardware store. …
  4. Grocery store. …
  5. Mobile money agent. …
  6. Farming. …
  7. Milk bar. …
  8. Car wash.
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What can I start with 50k?

Businesses you can start with 50K or less

  • Food Business: …
  • Plantain chips business: …
  • Popcorn business: …
  • Candle production: …
  • Sales of mobile accessories: …
  • Bead making and wire works: …
  • Sales of perfume and other cosmetics: …
  • Hair/Barbing saloon:

What business can start with 50k?

Take a look at the list of business ideas that you can opt from if you have a budget of around Rs 25k to Rs 50k.

  • Shopify. Budget Needed Product Wise- …
  • Selling on E-Commerce Websites. …
  • Tiffin Service. …
  • Bulk Domain Buying. …
  • Selling Fresh Website. …
  • Road Side Fast Food Business. …
  • Grocery. …
  • Fresh Juices & Shakes Business.

Is 100k enough to start a business?

You can open a small business even if you have only a few thousand dollars in your pocket. And if your start-up capital is several hundred thousand, then the choice expands significantly.

Which business can I start with 200k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Laundry and dry cleaning services.
  • Starting your own home services.
  • Importation of wears.
  • Livestock farming.
  • Car wash center.
  • Corporate cleaning services.

Is 100k a lot of money in savings?

Summary: Is 100k in savings a lot? Yes, it is potentially a decent chunk of change. It’s often thought of as one of the most difficult financial goals to reach. … It is potentially a lot of money as it may buy you a number of psychological and financial benefits.

Where should I invest 100k right now?

How To Invest 100k: The 5 Best Ways

  • Investing in real estate.
  • Individual stocks investing.
  • ETFs and mutual funds.
  • Investing in IRAs.
  • Peer-to-peer lending.
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How much interest does 100k earn?

How much interest will I earn on $100k? How much interest you’ll earn on $100,000 depends on your rate of return. Using a conservative estimate of 4% per year, you’d earn $4,000 in interest (100,000 x . 04 = 4,000).

What is the most profitable business in Kenya?

Here is a list of the most profitable businesses to start in Kenya:

  • Car wash businesses. …
  • Laundry Business in Kenya. …
  • Cosmetics Business in Kenya. …
  • Spare-parts sales Business in Kenya. …
  • Travel agency business in Kenya. …
  • Computer Sales Business in Kenya. …
  • Food sales Business in Kenya. …
  • Landscaping Business in Kenya.

What are the most successful small businesses in Kenya?

Most Profitable Businesses to Start in Kenya 2019

  • Cyber Cafe.
  • Selling Snacks.
  • Travel Agency.
  • Boda Boda ( Motorcycle)
  • Cake Making.
  • Garbage Collection.
  • Mobile Money Transfer.
  • Butchery Business.

Which is the best business in Kenya?

Top 12 Most Profitable Businesses in Kenya 2021

  • Internet/Cyber Cafe business.
  • Selling snacks at the office.
  • Travel agency.
  • Owning a fleet of Bodaboda.
  • Cake making business.
  • Garbage collection.
  • Mobile Money transfer shops and bank agents.
  • Butchery.