If $f \in \operatorname{Hom}_K(V,W)$, then choose a basis $b_1, \dots b_n$ for $W$ (I know you're going to say that this is circular, but it's not, I'm only using the existence of a basis)
We can write $f(v)=\xi_1(v)b_1 + \dots x_n(v)b_n$ (where $\xi_i \in V^*$)
Then map $f$ to $\xi_1 \otimes b_1 + \dots + \xi_n \otimes b_n \in V^* \otimes_K W$