Economic development after initial revitalization of Nairobi slums
As the local Kibera Slum, Nairobi, Kenya’s largest slum, is revitalized as part of a herculean effort and creates its own environment of wind and small businesses, it will be time to push for strong economic development. Once the economic plan is started, it must be maintained.
The goal is for income and money to enter the area to remain in circulation in the favela. How will the money come in? The money will come from those who have jobs outside the favela in the factories, such as cooks, maids and civilian workers. Additionally, since slum tourism is high, reporters will want to report on the progress of slum upgrading and the controversies surrounding demolition. Dignitaries, philanthropists and government officials will want to parade, visit and take credit for the incredible return to economic viability.
In addition to the small local businesses and businesses that are close to city centers being created, there will also need to be “mobile businesses” such as cleaners, vending carts, and other types of incidental businesses. As more money flows into the area, the population of 800,000 will continue to support them. Mobile cart business will be very simple and each cart offers one more job.
These carts can be built as water cleaning carts, food storage carts, dry goods carts and the cost to build them will range from $65.00 to $450.00 where the highest costs will be for carts with washers at pressure and water tanks. These carts can be equipped with active RFID tags for tracking so that an entrepreneur who wants to rent them by the day as independent contractor units can do so safely. This will be an integral part of the small business’s long-term economic development plan. Your base location could be a cargo container with the goods inside.
Small business plans are available through Think Tank Online. I certainly hope this article is of interest and has prompted thought. The goal is simple; to help you in your quest to be the best in 2007. Thank you for reading my many articles on various topics that interest you.
