With the kadogo economy in Kibera, youths should be taught on how to invest. Quite a number of them are trying to save but it’s prooving to be a challenge.
Some have invested in small-scale farming where they sell vegetables, trees, fish and flowers. Some have invested in small businesses like maize selling and selling peanuts. This, however, is not enough. There is still room for more investments which can see you grow to be a rich person in Kibera.
If you can save sh500 at the end of every week and open a bank account where you will be depositing the money every Friday then this is a better way of how you can save. After three months, you can go to the bank and ask for a loan. This loan will help you buy a used but well-maintained motorcycle. Start a bodaboda business since it is a good business worth investing in.
Make sure at least per day you can make around sh1200. This will help you save sh500 per day. The money you raise will help you pay the loan and thereafter invest in other businesses like shops and barber shops. With time, your income will place you among the richest people in Kibera.