Top 10 Hustler Fund Business Ideas in Kenya

The Hustler fund is a digital financial inclusion initiative designed to improve financial access to responsible finance for personal, micro, small, and medium-sized enterprises (MSMEs) in Kenya.

According to the Kenyan Ministry of Cooperatives and MSME Development, eligible borrowers will be able to apply for the Hustler Fund loan through USSD code *254# and on the mobile apps of Safaricom, Telkom, and Airtel.

The loan limits for this product will be a minimum of KSh. 500 up to a maximum that will be determined by the borrower’s credit score and capped at KSh.50,000.00.

So, how can you make use of this hustler fund objectively? In this article, I will show you Top 10 Hustler fund business ideas i.e You can start a second-hand clothes business, a mobile hairdresser business, make homemade soap, sell essential oil, create and sell art, or start a laundry business e.t.c

Top 10 Hustler Fund Business Ideas

Did you know there are businesses in Kenya you can start with as little as 1k? There are different types of both online and offline businesses. Some require you to have a little amount of capital, while others require zero money to start. In this article, I will reveal some of the best and untapped business ideas you can venture into and start making money almost immediately

1. Start Mitumba Busines

Since it’s a cheap business to start and depending on how business-savvy you are, it makes quite some money.With only 1000 Kenya shillings, you can go to a market that sells clothes, buy 5 to 20 items and sell the clothes for double or triple the price.

It all depends on your market. If you don’t have a physical store, all you have to start is an Instagram page and sell your goods online or even hawk them. Another thing, know your market and what your customers like or you’ll get stuck with the clothes. It’s easier to sell to females as they are more likely to shop spontaneously.

And to help with your marketing, consider investing at least 1K per week in Facebook ads. With that, you can reach thousands of people per day and make at least 10-15 sales.

2. Open a Grocery Stall

You can start a grocery store and become a “mama mboga” with just one thousand Kenya shillings. Start by preparing the fundamental veggies like kale, spinach, tomatoes, onions, dhania, pilipili hoho, and so on.

The key is to give your clients pristine, high-quality service, and you can count on them coming back the following day.

3. Home cleaning service

In Kenya, you may launch a cleaning business with merely Ksh 10,000. Broom, dustpan, mop, spray bottle, scrub brush, vacuum cleaner, and safety cleaning gloves are among the tools you’ll need.

To have your services hired, think about approaching local offices.

4. Making Homemade Sauces

There is a large demand for healthy food out there. There are a lot of folks out there that struggle with cooking. Another group of people who can cook but are too lazy to go through the entire process is also there.

Sauces are useful in this situation.

They streamline the procedure and can be combined to make stews or used as sauces on their own.

To make sauces, all you need are groceries, which shouldn’t be too expensive unless you chose to include some upscale items.

Easy sauces include tomato pasta sauce, pilau gravy, alfredo sauce with garlic, and barbecue sauce. Better still, make your own. You have unlimited choices.

5. Selling Boiled Eggs and Smokies

Imagine making 10 shillings profit per egg and 15 per smokie? That’s the reason why it has been voted among the most lucrative businesses in Kenya with low initial capital.

For a start, you will need to buy 30 eggs each 10 shillings and a pack of smokies going for around 230 shillings. The rest of the cash is to pay for a daily county council fee and hiring a vending trolley.

6. Bike Deliveries

There is no need for a car, and it is really easy to do. If you have excess cash, consider branching out into another town, but make sure it isn’t too far away because customers won’t like having to wait for so long!

In general, consumables like milk, bread, etc. will make up the majority of what you bring, but there are other options as well, such delivering food from restaurants that don’t offer takeout directly (eg Chinese)

You might also advertise on websites like Jiji.co.ke by offering delivery services that don’t require people to leave their homes. The amount of deliveries per day depends on how much time and energy you’re willing to spend doing this
job since it won’t earn much usually KES 1500 – 2K per day, especially during rush hours.

7. Beaded jewelry

A packet of beads goes for 100. With that, you can make 50 different jewelry pieces that each go for roughly 100 shillings.

Do the math. You could make fifty times more than you put in.

8. Roasting Maize

You can start a business roasting maize with less than Ksh1,000. Fresh maize and charcoal are necessities, and both will set you back about 800 shillings.

For every complete bushel of maize sold, the profit margin is 100%. For instance, a full unroasted maize cost Ksh 10, and a full maize that is roasted cost Ksh 30, respectively.

To maximize your profits, locate your business in a densely populated location. Even if the market is at its busiest in the evenings, working all day long will improve your income.

9. Selling ladies’ shoes

Selling ladies shoes is the best business to start with 10K in Kenya.

But before you get started, you need to know what your target market wants. And to do that, consider conducting a survey online or visiting groups and see what’s moving fast.

And then get the stock with part of that money and invest the rest in ads to help with marketing.

10. Manicure and Pedicure

Women of nowadays want to look beautiful in front of their men and one aspect of beauty is their nails. Most of them either have not mastered the art of nail polishing or they have no time to do it themselves. They, therefore, seek services from skilled artists. Why not be one of them?

To be an artist, you need to have the skills to do the job well and a capital of around 1k to cater the nail polishes. Just start with the basics and upgrade when your client base increases.

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