The funeral home business is a lucrative venture but few dare put their money in it. For those who have ventured in this business-which is more of a calling-and done it well have made a tidy sum.
In this article, WoK take a look at Benjamin Kibiku who quit his marketing job to start Montezuma Monalisa funeral home.
Journey
Mr. Benjamin Kibiku began his career as a marketer for AIG Insurance Company in Nairobi. While working at the company, Kibiku saw an opportunity to thrive where few individuals dared invest. The opportunity was to start a modern morgue with word class treatment and facilities.
At first the idea was quite insane to everyone he pitched to and this was his major obstacle since even banks were not willing to finance a funeral home venture.
He however did not give up on the dream and continued saving money from his insurance job hoping one that one day he would realize his dream of joining the funeral home business.
Establishing a Funeral Transport Company.
In late 1988, Kibiku approached a co-operative society group where he took a loan of Ksh 70,000. Together with his savings, he used the amount to acquire a second-hand pick-up that had been involved in an accident.
