There are a lot of businesses you can start with less than 200,000 naira but you need consistency and patience to succeed because nothing good comes easy. Below are few ways you can make money with less than 200k. They are:
1. Snacks making: People believe that snacks are either for children or its poor nutrition with many health implications. There are few traditional snacks that are easily home made but it depends on the age group and activity level. They include: Puff-puff, Coconut candy, Chin Chin, Akara (Bean Cake), Meat Pie, Donkwa, Nuts, Plantain Chips, Egg roll etc. You can decide to brand your produce.
2. Fruit juice bar: There are wide ranges of fruits which equals wide range of fruit juice that can be made. The most popular ones include Orange, Pineapple, Apple, Strawberry, Grape and even mixed fruit juice. You can even decide to brand your produce.
3. Bead making: These requires a lot of skill because if you do not make good products, you will not be patronized. Charity is said to be begin at home, so if your product is not acknowledged at home, it will probably not be recognized outside.
4. Online surveys for companies: There are a lot of companies that pay for surveys online but they also a lot of scammers. An example of a Nigerian site paying for online surveys is https://www.triaba.com/ng/
5. Cooking service: If you know how to cook, there is no point wasting your talent at home and complain of unemployment. You can open a restaurant and showcase your food. If a customer is satisfied, he tends to come again and tells a friend. You can also run an online cooking service if you don't want a physical store.
There are still a lot of ways to make money. Find the one that best suits you and start making money. Stay tuned to this blog for more information.
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