Investment loan

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

I will use the loan.to finance my investment needs for purposes of expansion and creating room for more business. Part of it will be used to get more stock through imports & local purchases. I'll also create a website where people will be able to shop online, get to know the products offered as well as give personal reviews and comments.

Income Source

I have several sources of income incase the business fails. One of them is employment. I work for Rivieres Finance as a Business Development Manager full time. So incase of slow business i will still be able to repay my loan using my salary. Secondly, my business is purely online so it's not really affected by the current economic climate. I'm able to reach my clients wherever they are at the comfort of their homes.

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

$246.13

Date disbursed

May 14, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $11.53

Credit risk payment: $55.37

Optional expediting fee: $23.07

Lenders

Pere

Barcelona, Spain

P

Peksa

Espoo, Finland

JonB

London, United Kingdom

Robert

Sweden

Paul Buchheit

Mountain View, United States

Jochen

Switzerland

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