How much does a brand new matatu cost in Kenya?
How much does a brand new matatu cost in Kenya?
“While 33-seater matatus are more profitable than 14-seaters for a town service business, they cost much more in the tune of millions – approximately Sh5 million. Over and above the initial capital, you need at least Sh100,000 to deal with any issues that may arise.
How much does a matatu driver earn in Kenya?
One can make between Sh6,000 and Sh10,000 after fuelling for next day and paying the crew. This translates to up to Sh250,000 per month if you factor in days off for crew.
What is the fastest growing business in Kenya?
The Kenyan agricultural industry can be regarded as the foundation and the bedrock of the Kenyan economy, this industry has been steadily booming and is still currently a fast-growing one. The agricultural industry cuts across both crop and livestock farming.
Is matatu business profitable?
9.33 seater matatus are more profitable than 14 seaters for town service business. With a 14 seater van, and assuming the business is well managed, you can expect to make Ksh3,000 per day on average, this may however increase during peak seasons.
How much does a 14 seater matatu make in a day?
Besides, it will earn you about Sh7,000 per day while the 33 seaters which will cost you Sh5-5.6 million will earn you between Sh8000-9000 in a day. A 14-seater costs about Sh2. 4 million.”
Which is the easiest business to start in Kenya?
Simple Business Ideas Anyone Can Try in Kenya
- Selling second-hand clothes. This is one the most popular business in Kenya, but tricky to run.
- Salon or barber shop.
- Boda boda business.
- M-Pesa business.
- Poultry Farming.
- Printing and photocopy.
- Boiled eggs and smokies.
- Manicure/Pedicure.
Which is the best small business to start in Kenya?
Top 10 Small Businesses to Start with 5k in Kenya
- Affiliate marketing. Affiliate marketing is one of the most common ways to make money online.
- Freelancing.
- Consultation.
- Online coaching.
- Tutoring.
- Personal training.
- Graphic designing.
- Build websites.
How much does it cost to pimp a matatu?
For a small matatu, [the total cost can be] 300,000 shillings ($3,000) or 400,000 shillings $4,000. Those big matatus cost as much as 1.5 million ($14,500) – lighting, music. Sometimes it is like a show off.
What is a matatu Sacco?
Today, an individual matatu must be associated with one of over 600 independent, government-registered groups known as a SACCOs. As of late 2010, Kenyan government policy is to phase out minibus matatu in the capital city Nairobi in favour of larger buses seating twenty five or more.
Which job can I start with 20K?
List of Businesses to Start with 20k
- Selling second hand (Mtumba) Clothes. Many young people have resolved to sell this kind of clothes.
- Printing and Photocopying.
- Poultry farming.
- Selling Baby Diapers.
- Operating a Daycare/ school.
- Start a Car Wash.
- Start a Movie shop.
- Operating a Coffee Shop.
Which business can I start with 20K?
7 Profitable Businesses You Can Start With 20K Or Less
- Selling Second Hand Clothes. This has become a very lucrative business option for many young people.
- Printing/Photocopying.
- Operating a Salon/Barber Shop.
- Selling Boiled Eggs, Smokies Or Sausages.
- Movie Shop.
- Car Wash.
- Selling fruits & vegetables.
Which job can I start with 20k?
Should you buy a new or used matatu in Kenya?
It is always advisable to purchase a new vehicle as opposed to its second-hand counterpart to avoid an early kick out from the matatu business. The make of the vehicle you choose to purchase can also make or break your business. Nissan, Toyota, and Isuzu are the best brands for Kenya seeing new spare parts are readily available.
What is matatu culture in Kenya?
Matatu culture and the entire matatu business has experienced significant growth in the past years. Decorated buses are not only mode of transport for Kenyans, but also a culture embraced by many. Most of the vehicles in Nairobi are vanished with striking colors on the hull and its interior to attract more customers.
Why is it hard to survive in the Matatu industry?
However, the unregulated nature of the matatu industry coupled with gangs and cartels who extorted matatu owners and made it hard for most people to survive in the industry. Not to mention, these new vehicles did not observe traffic laws and often caused tragic road accidents.
Why are Kenya’s minibuses called ‘matatu’?
After independence, the Government of Kenya introduced a mode of public transport where passengers were required to pay 30 cents as fare. By then, the Kikuyu language was widely spoken in Kenya. The Kikuyu community came up with the name ‘matatu’ meaning 30 cents hence the minibuses adopting the name ‘matatu’.
