The best thing about this venture is that you can start the business with less than Ksh. 20,000 capital, a simple Ksh. 500 to Ksh. 1000 can get you up and running as you gradually expand your Mitumba business.
This, plus the fact that Mitumba has over time been a staple for most Kenyan households, thus making part of the fastest moving businesses.
It is very wrong to assume that mitumba business is a tedious and costly job with less income. Of course, it takes hard work to make a profit and grow business, but your profit hugely relies on your marketing strategies and commitment.
Here are some of the reasons why mitumba business is a profitable venture:
Easy to start: In Kenya, you can start the mitumba business with as little as 5000 Kenyan shillings or less.
Ready market: Second-hand clothes have a high demand in Kenya.
Variety of clothes: There are numerous types of clothes that you can choose from in order to start your mitumba business. Depending on your own preference, you can choose to specialize with kids’ men or women clothing.
No educational requirements: In order to start a successful mitumba business, tertiary level education is not a requirement. In Kenya, there are numerous school dropouts who have started the mitumba business and earned millions from it. Nonetheless, financial skills are required to put you ahead of the pack.