Business selling kitchen & other household essentials

Grace Konde

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Grace Konde

Member since

February 2017

On-time repayments

79 installments  •  70%

About Me

Grace Konde was born in Nairobi, Kenya on 12th October 1989.  She is a marketer and a leasing expert by profession. She has been in the business of building relationships all her life but for over 7 years professionally. After her ‘O’ Level, Grace joined USIU seeking a bachelor’s degree in International Business Administration with an emphasis in Marketing. While at USIU, Grace was an active member of The Michezo Africa club and a founding member of the USIU public speaking club. Besides that, she worked as a volunteer at Magodo Children’s Home, a course which lasted for 3 months. She has certification for Digital Marketing, PowerPoint Presentation, Management and Commercial Leasing among others. Grace is a member of the Chartered Institute of Marketing (UK) and The Leasing Association of Kenya (LAK). She is currently pursuing an MSc in International Relations at USIU.

My Business

Grace is presently the head of Business Development in one of Kenya’s leading leasing companies (Rivieres Finance Limited). She was previously at VAELL where she joined as a graduate trainee and grew to be a Regional Relationship Manager in a span of six months. She was tasked to handle among others; government leasing, credit and marketing. Prior to this, she worked as an Executive Assistant of the Director of Development & Corporate Affairs at The National Museums of Kenya where she established herself as a self-starter and a leader.

Loan Proposal

My name is Grace Konde from Nairobi,Kenya. I'm an amployee at Rivieres Finance and the owner of Buy & Sell Kenya online Business. This loan will assist greatly in business expansion, restocking and paying vendors and suppliers. Some of it will be used for marketing & advertisements and other for miscellaneous or petty cash.

Buy & Sell Kenya is a business for Selling Household & Kitchen essentials. The Business has been in operation for 2yrs now and i can say that despite the Corvid pandemic, it's been running smoothly only that we had to stop out of town delivery or deliveries for outside Nairobi.

Income Source

I am the founder of an online business called Buy & Sell Kenya which is for Selling Household & Kitchen essentials. The Business has been in operation for sometime like 2years now and i can say that despite the Corvid pandemic, it's been running smoothly and has not been hit hard like other businesses. However we had to stop deliveries for other counties that are outside Nairobi due to the risk of the pandemic. It's a purely online store where i sell on retail then have the items delivered once an order has been confirmed.

Additionally i'm also employed at Rivieres Finance where i get a monthly income of Ksh150,000. If the business is not doing well. I can repay my loan from the monthly salary.

Feedback

2

None

None

  • Mark Weir    Jun 24, 2020

    Grace paid her loan back early and it has been a pleasure to help in a small way in furthering her business venture. Would certainly invest again.

    Log in to reply • Share
  • Margaret    Nov 4, 2019

    The loan was paid back quickly!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.74

Date disbursed

Sep 15, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $8.30

Credit risk payment: $12.46

Optional expediting fee: $8.30

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