A section of Kibera Slums [Photo/bbc.com]
Kibera has many business opportunities. You do not need formal education to see these opportunities. Becoming a millionaire in this part of the nation is not a farfetched dream. There are many Kenyans who have made their fortune from these slums. You can also take advantage of the same to become the next millionaire in town.
1. Sell Kerosene
Most of the residents of Kibera used stoves to cook. The high demand for Kerosene in the area has made this business profitable. Starting and running a kerosene business is easy. It requires less capital compared to other businesses out there.
2. Mitumba business
Second-hand items are highly profitable in Kibera. Most of the residents are low-income earners hence they prefer Mitumba items. It takes little capital to start a Mitumba business in Kibera.
3. Kinyozi business
Kinyozi is considered one of the most profitable businesses you can start in the area. The high population has created demand for these services in the area. You can start a barber shop in any part of Kibera and make money without going through much hassle.
4. Mpesa
Mpesa has been around for years. Many people have continued to make money from this business. You can contribute capital with friends to start this business in Kibera.