A barbershop (commonly known as Kinyozi) is a good example of profitable businesses in Kenya because people will always need haircuts, and hair will never stop growing. The best thing about a barbershop is that it can be done in any part of the country though it tends to do better in big cities due…
Wines & Spirits businesses keep on thriving. Entrepreneurs consider the business lucrative due to the high demand for alcohol in the country and enticing profit margins. A report by NACADA shows that 13 million Kenyans drink liquor daily. The average person spends Ksh. 210 per day. The alcohol industry operates with Kshs 26 billion in…
Thinking about years without a monthly salary/income can be depressing. But the truth is that slowly and surely, you’re heading there. Retirement is inevitable. Preparing yourself in advance will help relieve stress when you’re not working. Pension schemes offer an opportunity to save for the future. The schemes provide different plans to suit individuals working…
Do you know that with 10k you can start a profitable business in Kenya? Business can transform your life completely from a jobless person to a millionaire. Due to the high unemployment rate in the country, small businesses provide income to many households. Some of the businesses don’t require special skills. Online businesses are also…
Fuliza is the easiest way to receive a loan in Kenya. There are many times when I tried paying for services with less amount in my Mpesa account. However, that did not worry me as I knew I have a high Fuliza limit that always serve me well. The same approach I used to increase…
Life is becoming harder on a daily basis in Kenya. Kenyans from all walks of life are looking for means to finance their lives. The most common way of getting financial support is through loans. However, it is not easy to get a loan from a bank if you are not employed or have a…
Do you love writing? Do you want a chance to make some extra money from home? If so, a transcription job may be perfect for you. With a transcription job, all that is required of you is listening to audio recordings and typing up what was said. Such an opportunity can work well both as…
Kenya is a beautiful country with a lot of potentials. However, when it comes to starting a business in Kenya, there are some barriers you will have to overcome if you want your company to succeed. The first thing you need to start a business in Kenya is capital. If you don’t have proper funding…
As the Kenyan economy continues to grow, many people are becoming more interested in peer-to-peer lending. This is understandable as banks often charge high-interest rates for loans and mortgages. Therefore, it can be hard for entrepreneurs and small businesses to get access to capital. In this article, we shall discuss peer-to-peer lending in Kenya. Because…
The Kenyan economy has been on the rise for the last few years. As a result, people are earning more and there is increasing demand for money market funds in Kenya. The increased demand has led to an increase in competition among companies that offer these types of funds. This article will provide information about…
