Discover the allure of real leather purses, crafted from animal hides and fish skins. A leather purse is not just a fashion accessory; it is a practical item for storing money and important documents. Commonly known as a money purse wallet, it fits perfectly in handbags and pockets, offering convenience and style.

Production Capacity and Process

With a production capacity of 500 leather purses per day, this business idea can yield a monthly production of around 13,000 purses. This translates into an impressive annual production of 156,000 leather purses or wallets. Priced at $3.5 per piece, this business has the potential to generate a gross revenue of $1,750 per day, amounting to $45,500 per month and $54,600 per year.

Technology and Production Process

The production of leather purses involves the use of machinery such as a strap cutting machine, stitching machine, and various working tools. The process includes strap cutting, stitching, dyeing, designing, and the addition of fasteners and zippers. By combining skilled craftsmanship with modern technologies, entrepreneurs can ensure the production of high-quality leather purses.

Market Analysis

The market for leather purses in Kenya and East African countries is promising. Despite competition from bark cloth purses, leather purses stand out due to their superior quality and durability. Kenyan consumers appreciate the style and functionality offered by leather purses, making them a sought-after accessory.

Sources of Machinery, Equipment, and Raw Materials

Entrepreneurs can source machinery and equipment locally or consider importing from countries like China and India. The local market offers a wide range of options to meet production needs. Additionally, raw materials for leather purses, such as leather and other relevant materials, can be conveniently purchased from industrial areas in Kenya.

Conclusion

Establishing a business in the production of leather purses presents an exciting opportunity to tap into the demand for stylish and functional accessories in Kenya and East Africa. With a well-planned production process, the right machinery and equipment, and access to quality raw materials, entrepreneurs can create high-quality leather purses that cater to the discerning tastes of consumers.