Hosting a Literary-Talent Competition for Schoolchildren

Douglas

Accra, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Douglas

Member since

June 2015

On-time repayments

53 installments • 66%

About Me

My name is Douglas Asiwome-Senahia
I’m the last to a family of eleven four girls and seven boys, not being selfish, I had the policy of meeting other peoples need,and seeing another person satisfied was my happiness. But also,I knew all this would not come to bare without one having a solid foundation for him/herself or being firmly rooted educationally, morally and financially. But of course if I had a well built foundation as wished, my future would have been a dream come true, yet i have my hopes surely high whiles the grace of God is ever sufficient.
I am currently working and looking forward to a fulfilling future, where I can say my dream of satisfying other people’s needs is taking place.

My Business

I`m the marketing coordinator in the Central/Western and Greater Accra region for SAGE LITERARY HOUSE (A book publishing company) apart from just the sale of books, I also host and fund a reading/ writing and illustration competition for my client schools in all the regions I operate. The competition named Sage Literary Talent is designed to inculcate a good reading habit in school children and that is as part of our ongoing effort to championing a reading revolution in our dear nation Ghana.
Having this as stake, I deem it necessary to invest more money into running the competition to foster the program to a successful patronage and to the benefit of all.

Loan Proposal

I wish to apply for a loan of $220.00 for the expansion of my business. by the grace of God, i have been able to reconciled with my almost lost clients and would now be looking up to me in terms of supplying story books them. what i want to do now is, start a literary talent competition for school children, which would comprise, reading and writing, poetry and illustration. by implementing this, i would be selling story books in and out of our books season in Ghana. and also, my profit margin would have gone up by 20%.
example....
books sold to my clients at a whole sale price of $1.90 minors 20% =$1.58 approx
meanwhile, books soled at a retail price is $2.60 and does not attracts no percentage discount.
So if i am giving the nod for the loan amount requested, i shall invest it in the literary talent competition, where the books would be sold at a retail price and make more profit. Thanks and i hope to hear favorable from you.