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What to do with ksh. 20,000 ( Twenty thousand shillings
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wanyee
#31 Posted : Tuesday, April 05, 2016 10:45:23 AM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
buy a tiny portable solar based power system, move to those towns where power is an issue, start charging people to charge phones etc ..set that growth plan employ someone while at it...20 k you can lease a small room and sell other services and accessories such as phone repair camera printing and KRA things
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UpcomingPaperChaser
#32 Posted : Tuesday, April 05, 2016 3:01:14 PM
Rank: Member

Joined: 1/20/2015
Posts: 489
Location: Nairobi
wanyee wrote:
buy a tiny portable solar based power system, move to those towns where power is an issue, start charging people to charge phones etc ..set that growth plan employ someone while at it...20 k you can lease a small room and sell other services and accessories such as phone repair camera printing and KRA things


You are a very wise man/woman..........thoughtful insights
Enjoy every moment of your life, you never know when your time will come.
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Ebenyo
#33 Posted : Tuesday, April 05, 2016 5:17:33 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Swenani wrote:
Ebenyo wrote:
i would specifically advice you as follows:
1.Buy 200 shares of KCB @ KSHS 8400
2.Deposit kshs 10000 to faulu fixed deposit account at the interest of 7%
3.With the balance of kshs 1600,start a small kiosk in ur area.
These are just my opinions based on the understanding that never despise the small begginings.The journey of a thousand miles begin with a single step.

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Kiosk ya mahindi choma ama what type of kiosk



Swenani: a small kiosk selling ciggarets,sugar,
cooking fat and candies.
Towards the goal of financial freedom
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Jon Jones
#34 Posted : Wednesday, April 06, 2016 3:23:39 PM
Rank: Member

Joined: 9/11/2015
Posts: 245
Location: Thika
Anyone advising you to invest 20k in any financial instrument is misleading. Over the years, I have come to realize that shares etc only make sense if you are investing a lot of money 500k plus. The only realistic move you have is to start a business with the money. So, its time you draft that business plan and hit the ground after planning. Good luck!
Since men have learned to shoot without missing, I have learned to fly without perching
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