There are several businesses you can start with this amount of money and become successful.
How To Invest 1000 In Kenya
Blogging
In blogging, you can start with as little as Ksh 500 if you know how to design a website. The maximum amount of money you’ll spend is Ksh10,000 only. All you need is to register a domain name, pay for hosting services and design a website.
The good thing is that Bluehost offers free registration of a domain, the only thing you’ll pay for is hosting.
Bloggers in Kenya earn through AdSense, MGID, affiliate marketing, Sponsored articles and direct banners. Some of them earn as high as Ksh3 million per month.
Once you have designed a blog, the next thing to do is to apply for AdSense—but your blog must be at least 3 weeks old and contain more than 20 high-quality articles before applying for AdSense.
Start a YouTube channel
Another business you’ll do online is starting a YouTube channel. All you need is a smartphone and data bundles to upload your video. Sign-up for AdSense is absolutely free.
With over 100,000 subscribers, your channel will be generating for you over $2,000 every month.
Start selling Mandazi/chapati in your estate
Ksh 1,000 or less is what is needed for one to start selling Mandazi and Capati in the estate. Unga will cost Ksh120 only, cooking oil Ksh200, and sugar and salt Ksh 50 only. Starting small will help you learn how to manage your business. Within a year, you’ll be supplying shops with mandazi to sell.
Bet on football matches
Another activity that will generate decent income is betting on football matches. With many jackpots available, you can become a millionaire overnight. Some betting companies even provide free bets for new members, one of them being 22Bet. This company will reward you with up to Ksh15,000 for joining them.
Start house to house car wash business
A house-to-house car wash business is also ideal for those with a capital of Ksh1,000 only. Buy your own shop and towel, water will be provided by the car owners.
If the owners start to trust you, they’ll refer you to others in the estate.
Shoe shining business
For just Ksh1,000 only, start a shoe-shining business within your area and see how the progress will happen. If the business is in Nairobi, you will move them into the CBD and see for yourself how you will become a millionaire.
Start selling vegetables in your estate
Ksh1,000 is not enough to start a grocery shop but is enough to start selling vegetables on a small scale. Within a year, you’ll be operating a very successful grocery shop.