Kenyan entreprenuer Leah Wambui has built 200 homes with her real estate company.
Leah Wambui is quickly building a name for herself as an entrepreneur in the real estate industry, a field known for its cut-throat competition.
In an interview with Wode Maya, leah said it takes perseverance, hard work and determination.
Leah started her company in 2015 with only Sh600,000. She established Cheriez Properties Limited, a real estate company based in Nairobi.
Her first property was Royal Finesse (gated community of 78 town houses).
Leak like many other entrepreneurs said starting out was tough. For her, and as is always the case with new ventures, she did not have enough capital, a clientele base and, worse still, not many people were willing to support her idea.
The company has also helped create employment opportunities to about 30 permanent staff since it was established.
The real estate firm has made tremendous progress illustrated by the accolades it has bagged in the recent past, the latest one being the runners-up under the category of ‘most promising mid-level low rise residential developer’ during the 2018 Real Estate Excellence Awards.
The firm also emerged as the winner in the category of ‘best mid-level low rise developer’ of the year at the awards which were held in Nairobi last month. Among its flagship projects that are currently ready for sale include ‘Royal Finesse’ 78, five-bedroom all ensuite semi-detached houses, located along the busy Kitengela-Namanga highway.
The other residential development by the firm include “Royal Gates”, which Ms Wambui says is “an exceptional housing concept” with 78 ensuite town houses and DSQs.
The developments feature a playground for children and parking space. Other key emenities in the development include a swimming pool, fully-fitted gym, borehole and electric fence.
Ms Wambui says the hardest hurdle she has faced so far is the high interest rates banks charge home developers. “We do not rely on banks for loans to finance our projects because they are too stringent in financing developers especially