With so many people grumbling about the high unemployment rate and weak economic growth, many Kenyans are resorting to entrepreneurship to meet the demand for basic human needs.
People often say that starting a business costs a lot of money, but it doesn't have to. All it takes is an idea and a resourceful mind. Here's a list of things you can do with Kshs5,000.
1. Making homemade bread jam with strawberry
You'll need strawberries, sugar, and lemons for this recipe. A sufuria (pot), mwiko (wooden stick), and some plastic containers for packaging are also required.
One kilogram of strawberries yields approximately 6 250-gram jam cans. YouTube has instructional videos on how to make homemade jam.
You can afterwards selling the strawberry jam door to door and make huge amounts of profits.
2. Selling wallpapers
Have you ever moved into a house and wanted to repaint but couldn't because your landlord or your budget wouldn't allow it? You're not alone, and here's how to use that to your advantage.
Consider purchasing a low-cost wallpaper of your choice from a décor store. Better still, why not buy one for as little as Kshs1,800 and resell it to a friend for a profit?
3. Selling coffee
This is a business that many people may scorn, but it pays off handsomely. A 5-litre coffee thermos holds 33 150ml coffee cups. You'll make Ksh330 every flask if you sell each cup for Ksh10.
That's however allot of money as far as the current economy is concerned. You can sell 10 flasks of coffee in a day and that will be Ksh. 3300 per day.
Do you have a job yet live in an area with a lot of kids? This could be a fantastic time to convert your home into a daycare center for your neighbors who have a busy job schedule and a lot of parenting to do.
Toys and lunches would be included in the costs. When it comes to toys, it's crucial to be creative with what you have on hand.
5. Making and selling beads
Well to start this business beads are required. At Nairobi's Kariakor Market, a kilogram of beads costs Ksh370. If each bracelet was sold at Ksh100, you'd only need to sell four to break even. Every additional bracelet sold would be profit for you.
You can opt into this business and make yourself a tonne of profits selling the beads each day.
6. Become a clown
If everything else fails, consider becoming a clown or mascot for parties, events, or public gatherings.
A mascot costume costs Ksh2500, and you may rent it out for Ksh3000 per day at events. You won't regret this clown business though.
Content created and supplied by: Flickscollins (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More