While most professionals in the financial services space – read bankers, accountants, auditors, investment specialists, etc. – make a good living plying their trade in Kenya, it’s no secret that retrenchments and unsatisfactory have been the order of business for years now.
If you want to make serious mula as a financial services professional in Kenya, you’ll need to branch out a bit and consider a few side hustles to pad your wallet.
Here is a growing list of great ideas for side businesses that can make you extra color without impacting your main 8 to 9 gig.
- Mobile lending business
- Audit firm
- Finance related e-book writer
- Finance related topics blogger
- Finance related TV show host
- Finance related radio talk show host
- Digital only chama
- M-Pesa or Airtel money shop
- Credit ratings repair business
- Supply equipment such as POS machines
- Start personal finance workshops
- Personal finance blog. Write about money-saving hacks and passive income for Kenyan readers
- Start a financial advisory service for millennials in Kenya with decent jobs and a stable income.
- Financial wellness app
- Monitoring and Evaluation consultancy firm targeting financial inclusion projects/programs
- Start a personal finance podcast for listeners in Kenya
- Coordinate personal finance fairs in Kenya
- Publish a personal finance newsletter for Kenyan readers
- Prepare students for CPA, ACCA, etc.
- Finance professionals’ Wellness and Financial Literacy Conference
