Costs: Float Requirement: Typically, you need a starting float of at least KES 20,000 to KES 100,000, depending on the location and expected transaction volumes. Business Premises: Renting a small kiosk or space could cost around KES 5,000 to KES 20,000 per month, again depending on the location. Branding and Setup: Initial setup, including signage, furniture, and branding, might cost approximately KES 10,000 to KES 30,000 Licensing: Business Permit: You need to obtain a business permit from the local county government. The cost can range from KES 5,000 to KES 15,000 annually, depending on the county. M-Pesa Agent Registration: Register as an M-Pesa agent through Safaricom. This process involves submitting an application and meeting the requirements set by Safaricom, including having a valid business permit and a physical location. Steps: Secure Funding: Ensure you have enough funds to cover the initial float, setup costs, and at least three months' operational expenses. Find a Suitable Location: Choose a high-traffic area for your kiosk or shop. Obtain Licenses: Apply for a business permit from the local county government and register as an M-Pesa agent with Safaricom. Set Up the Business: Brand your premises, set up the necessary equipment, and ensure you have a reliable internet connection. Marketing: Promote your new M-Pesa outlet through local advertising and word-of-mouth. Additional Tips: Customer Service: Provide excellent customer service to build a loyal customer base. Security: Ensure your business is secure, both physically and digitally, to protect your cash and data. Networking: Network with other M-Pesa agents to learn best practices and stay updated on industry trends. Best of luck, Breanice! #MESHCHALLENGE