I am a young professional (about 30 yrs) and have managed to save about a half mill that I am looking to invest. I also have a bro who is not employed and he is going to manage the business for me.
A number of options on the table:
(Option #1) Matatu business
- price of Mat = around 0.7mil; monthly revenue (after expenses) = about 30K
- this means a mat will pay for itself in 2 years
- + it is a source of employment for bro + a makanga

(Option #2) Taxi business
- price of taxi = about 0.6mil; monthly revenue (after expenses) is about 25K
- taxi will pay for itself in about 2 yrs also
- employment for one person

(Option #3) Farming
- thinking of maybe hens or broilers; don't have the numbers on cost and return yet
- this needs land (we have a kidogo plot space at home)

What other ideas are out there?

I like the way you are thinking, but I'm worried that you've chosen your brother to manage the business for you.

take it from this old man: there is only one person you can trust in this world - your spouse!

All other relatives will disappoint you. They will eat your money and then laugh at you when you run broke. Your wife/husband will be with you through thick and thin.

You are better off with a complete total stranger than with a blood relative.

And if you can't trust your spouse, then you will live a very unhappy life.

pkm, just because others wamechezwa na their relatives doesn't mean the same the will happen to you. They don't tell you how many have been conned by strangers. They are more than those conned by relas, according to me.

You know your brother best. If you trust him, go for it.

Please dont take option one....that car will forever be breaking down and u will get enough excuses of how the cops are always keeping the mat out of the road. I'd rather taxi anytime but make sure its operating in a marketable route (estates are the best) I know of a former newspaper vendor in south-b who now runs taxis. As for the kuku, from my mom's experience, it can be the best or the worst venture, when they grow up fine, you will smile all the way to the bank, but when they get sick, all will be gone in a matter of minutes - if you decide to take this path, ensure you have enough aloevera planted near by.

Finally, please dont put all the eggs in one basket.

kila biashara ni risk..make choice