5 Means You Can Use To Find Funds For Entrepreneurship Investment

‘You don’t need to be reach to start investing in real estate’, the meaning of this investment catchphrase can be interpreted well especially by those already in Real Estate business.

Nonetheless, ‘How can you start investing in real estate with a small cash? ’ If you have a desire to invest, nothing shouldn’t hold back your investment nerves. In fact lack of capital should be a spur to land entrepreneurship.

Without forgetting that real estate doesn’t wait for any investor to get rich to join, the properties normally keep on escalating. You could be timed out by the time you think you are ready.

The only fortunate option is to start investing now with the little coins you can harvest. It is the safest investment on earth thus you should bet your last coin on it.

Will Rodgers-an American vaudeville- advises, Don’t wait to buy land, buy land and wait.

To answer the begging question above, we look into 10 available means you can source your funds for a land investment in Kenya.

1. A mutual group of friends

You can easily form a simple group of at least 4 friends, these are common friends you speak to on a daily basis whom you can effortlessly meet over a table of coffee.

For instance, you are about four friends, and you can manage to save Ksh.5,000 per month. Isn’t this cash sensible enough for land investment after 5 months? Your guess is as good of that wise entrepreneur.

Advantages of being in a group

• You can easily encourage each other to save
• No stringent rule on saving
• You can graduate to a bigger entity (chama , sacco)
• Your savings normally become savings once you start investing

2. Chama

Getting into a Chama puts you on a limelight of investment ideas. You don’t need to hustle and bustle to get a Chama the only thing you need is to identify the one that syncs well with your investment goals and you are good to go into investment.

Alternatively you can go ahead and form your own Chama. A group of five people are enough for a Chama organization.

Saving in a Chama is as simple as saving in a group of friends association. But a Chama of wise investors who want to rip big from the market ought to save as from Ksh,5000 per month from the pocket of every investor(Presuming your Chama is made up of 10 members).

Pros of a Chama

• Chamas can solicit for loans and grants easily
• They are a good avenue of networking for different professions
• Encourage consistent saving from members

3. Personal Saving
   

Saving doesn’t discriminate anyone because all and sundry can start saving at any given time with any little cash- you surely don’t need to be rich nor old to start saving. If you can’t save a shell you surely won’t save a gold medal.

For instance, suppose you started saving Ksh.50 at 18 years old? How much would that amount to at 30 or even more years?

Pros of Individual saving

• The best feeling comes when you own an investment from your saving
• It is the sole foundation of mother of investments
• Saving saves you from a hustling life and increases happiness
• One can easily get a loan from a personal saving account

4. Capitalizing on Talent Investment

How about taking advantage of your hobby and talent to get some little cash? If you can get some little cash, why can’t you save that cash for future investments? Even the bible encourages believers to save from the parable of the talents where the most business-minded investor was the highly rewarded by the master (Matthew 25:14-30).

Saving from bad lifestyle habits is also an avenue for saving exploitation, you can reduce more coins from the bottle of liquor, and this will even save your bank and your life. It will be a great testimony and motivation when you invest with such cash

Pros

• It is a good way of increasing channels of investments
• It can act as a back-up option for investment
• Talent gives you more happiness
• Saving from bad lifestyle habits improves your health conditions

5. Using Angel Investors to fly

Angel investors are good to boot, they are normally rare to run into just like angels from heaven but a wise hawk-eyed investor should run into a couple of them and maximize on their favors.

For instance,

• AngelList
• Investeq
• Lion’s Den

They are willing to finance your investment project the ball, lies in your coat.

Pros

• They are more patient than banks and shylocks
• They can provide investment advise
• Angels can join your investment
• Angels may act as your wings to fly to your startup investment