Global Connections 2
Global Connections 1: Global Society Global Connections g lo2:bGlobal a l Society co n n ect i o n s Unit Culture, My Family Unit 1:3: My Social Entrepreneurship - Microfinance Lending and Opportunities
II
g lo b a l s o c i e t y
Global Connections 2 Global Society
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities S T U D E N T WO R K B O O K
Student’s Name
PROFESSIONAL DEVELOPMENT & CURRICULUM
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
In Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities, you will be introduced to the concept of social entrepreneurship, the elements of microfinance and solutions to global issues through active participation. You will explore these questions:
• • • • •
Why is there a need for microfinance lending? What is microfinance? Who are the beneficiaries of microfinance? How do I get involved in microfinance? What has been the impact, to date, upon the providers and recipients of microfinance loans?
To the Teacher
This Global Connections II Workbook is organized in the sequence of activities as indicated in the Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities, except for the Journal or Blog Activity and Perspective Taking Activity which should be used during or after the study of the lessons.
To the Student
This Global Connections II Workbook gives you the activities and activity sheets for Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities. Keep the workbook available, as it can help you in reviewing information for class discussions and tests.
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
UNIT/LESSON
TITLE
PAGE
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Pre-Assessment Activity: Five Finger Preview for Global Society
1
Lesson 1 - Making Ends Meet
Budget Planner
2
Lesson 1 - Making Ends Meet
Microfinance Bank of America
3
Lesson 2 - Defining Microfinance
Microfinance Terms Activity I
4
Lesson 2 - Defining Microfinance
Microfinance Terms Activity II
5
Lesson 2 - Defining Microfinance
Ticket Out the Door
6
Lesson 3 - Roll Up Your Sleeves!
Steps to a Car
7
Lesson 3 - Roll Up Your Sleeves!
Circle Concept Map Notes
Lesson 3 - Roll Up Your Sleeves!
Letter to Your Borrower: Journal Entry
Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Journal or Blog Activity
Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Perspective Taking Activity
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Post-Assessment Activity: Five Finger Review for Global Society
8 9 10
11
12
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Pre-Assessment Activity: Five Finger Preview NAME
On each finger, write down one thing you know about oral languages, written languages, sports and leisure activities. On the thumb, write down one thing you know about any of the previous topics as it relates to your region of study.
1
Lesson 1 - Making Ends Meet
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Budget Planner NAME
You have a monthly income of $100 that comes from running a small store in your town. Use the budget planner tools below to calculate your monthly costs. Your monthly costs cannot exceed your monthly income of $100. The menu shows the cost of each item or activity. The worksheet provides room for recording your expenses. Make the best choices possible for your family’s survival. MENU Food for Your Family _______________________________________________________32.50 Vegetable Garden (cost of upkeep, fertilizer, water, etc.) _________________________11.00 Electricity (lights, heat, appliances) ___________________________________________15.50 Clothing (for work, school, and play) __________________________________________11.50 Water ___________________________________________________________________18.50 Home Mortgage __________________________________________________________ 49.00 Car _____________________________________________________________________37.25 Gas for Car ______________________________________________________________ 13.00 Bus Pass (for one person for one month) ______________________________________16.50 Toiletries (soap, toothpaste, tissue) ___________________________________________ 4.50 School Supplies ___________________________________________________________ 5.50 Rent for Your Store ________________________________________________________20.00 Inventory to Sell at Your Store (You make 2.00 for every 1.00 you spend on inventory) 50.00
Item
Cost
Total monthly costs What did you exclude from your budget and why? What will the impact of your exclusions be?
2
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 1 - Making Ends Meet
Microfinance Bank of America NAME
A new bank called the Microfinance Bank of America has just opened in your hometown. This bank makes microfinance loans, which are small, short-term loans at a low interest rate. Write a very short email, five sentences or less, to the loan manager of the Microfinance Bank of America. In your email, explain why you need a microfinance loan and how you intend to pay it back.
3
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Microfinance Terms Activity I NAME
You will be creating sentences using the terms below. You may know some of the terms but not others. You are not expected to know all of these terms at this point in the lesson. Work with your partner to generate at least one sentence using some of the terms below.
• • • • • •
Loan. Borrower. Field partner. Entrepreneur. Lender. Microfinance institution.
4
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Microfinance Terms Activity II NAME
Write the definitions for each word below.
Loan:
Borrower:
Field Partner:
Entrepreneur:
Lender:
Microfinance institution:
5
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Ticket Out the Door NAME
Use the new vocabulary words to answer the question, “What is microfinance?” New vocabulary words: loan, borrower, field partner, entrepreneur, lender, microfinance institution.
6
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Steps to a Car NAME
Label the circle below as if it were a clock face. In the center of your circle, write the name of the car that you would most like to drive when you get your driver’s license. Using the numbers on the circle, map out the steps you think it would take to secure loans to buy the car you want. (You may not use all of the numbers.)
7
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Circle Concept Map Notes NAME
Read information on the Kiva website (www.kiva.org/land and www.kiva.org/about/how/even-more) to create the steps necessary to become microfinance lenders. Use the space below to record these steps in order to help your group create a circle concept map on the chart paper with your borrower’s name in the center of the circle. Borrower:
8
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Letter to Your Borrower Journal Entry NAME
Write a friendly letter addressed to the borrower you selected. Your letter should include: • • •
A brief introduction of yourself. The reasons why you selected your borrower. A brief description of the impact you hope to help your borrower make.
9
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Journal or Blog Activity NAME
Read the statement below and respond to the question included. There is an old expression that describes someone getting out of a difficult situation by “pulling themselves up by their bootstraps.” The expression itself exemplifies the U.S. American ideology that anyone can better their situation if they try hard enough. Do you believe that anyone can pull themselves up by their bootstraps if they try hard enough?
10
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Perspective Taking Activity NAME
Read the passage below and respond to it using the prompt provided. “Pierre Celestin, a father of seven from Rugogwe, Rwanda, sells various goods such as lotions, shoes, rice, beans, soap, biscuits, etc. His challenge is not having enough capital to properly run his business. With a loan through World Vision, Pierre Celestin will be able to restock his store, attract more customers and generate more sales. He will also be able to create four jobs for others in his community. Additional income created will allow him to provide for his family and improve their livelihood. He will also be able to reinvest in his business and get medical insurance. In the future, he hopes to become financially stable and create jobs for others in his community. He says he will have a great life” (World Vision Micro, 2011, para. 2). Take the perspective of Pierre Celestin and write a summary of your feelings about the receipt of the loan and your hopes for the future.
11
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Post-Assessment Activity: Five Finger Review NAME
On each finger, write down one thing you learned about oral languages, written languages, sports and leisure activities. On the thumb, write down one thing you learned about any of the previous topics as it relates to your region of study. On the palm, write a three sentence summary of what you learned in this Global Society unit of study.
12
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Notes
13
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Notes
14
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
References Celestin, P. (2011). World Vision Micro. Retrieved from http://www.worldvisionmicro.org/ loans/8431
15
II
g lo b a l s o c i e t y
Global Connections 2 Global Society
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities S T U D E N T WO R K B O O K
Student’s Name
PROFESSIONAL DEVELOPMENT & CURRICULUM
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
In Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities, you will be introduced to the concept of social entrepreneurship, the elements of microfinance and solutions to global issues through active participation. You will explore these questions:
• • • • •
Why is there a need for microfinance lending? What is microfinance? Who are the beneficiaries of microfinance? How do I get involved in microfinance? What has been the impact, to date, upon the providers and recipients of microfinance loans?
To the Teacher
This Global Connections II Workbook is organized in the sequence of activities as indicated in the Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities, except for the Journal or Blog Activity and Perspective Taking Activity which should be used during or after the study of the lessons.
To the Student
This Global Connections II Workbook gives you the activities and activity sheets for Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities. Keep the workbook available, as it can help you in reviewing information for class discussions and tests.
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
UNIT/LESSON
TITLE
PAGE
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Pre-Assessment Activity: Five Finger Preview for Global Society
1
Lesson 1 - Making Ends Meet
Budget Planner
2
Lesson 1 - Making Ends Meet
Microfinance Bank of America
3
Lesson 2 - Defining Microfinance
Microfinance Terms Activity I
4
Lesson 2 - Defining Microfinance
Microfinance Terms Activity II
5
Lesson 2 - Defining Microfinance
Ticket Out the Door
6
Lesson 3 - Roll Up Your Sleeves!
Steps to a Car
7
Lesson 3 - Roll Up Your Sleeves!
Circle Concept Map Notes
Lesson 3 - Roll Up Your Sleeves!
Letter to Your Borrower: Journal Entry
Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Journal or Blog Activity
Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Perspective Taking Activity
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Post-Assessment Activity: Five Finger Review for Global Society
8 9 10
11
12
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Pre-Assessment Activity: Five Finger Preview NAME
On each finger, write down one thing you know about oral languages, written languages, sports and leisure activities. On the thumb, write down one thing you know about any of the previous topics as it relates to your region of study.
1
Lesson 1 - Making Ends Meet
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Budget Planner NAME
You have a monthly income of $100 that comes from running a small store in your town. Use the budget planner tools below to calculate your monthly costs. Your monthly costs cannot exceed your monthly income of $100. The menu shows the cost of each item or activity. The worksheet provides room for recording your expenses. Make the best choices possible for your family’s survival. MENU Food for Your Family _______________________________________________________32.50 Vegetable Garden (cost of upkeep, fertilizer, water, etc.) _________________________11.00 Electricity (lights, heat, appliances) ___________________________________________15.50 Clothing (for work, school, and play) __________________________________________11.50 Water ___________________________________________________________________18.50 Home Mortgage __________________________________________________________ 49.00 Car _____________________________________________________________________37.25 Gas for Car ______________________________________________________________ 13.00 Bus Pass (for one person for one month) ______________________________________16.50 Toiletries (soap, toothpaste, tissue) ___________________________________________ 4.50 School Supplies ___________________________________________________________ 5.50 Rent for Your Store ________________________________________________________20.00 Inventory to Sell at Your Store (You make 2.00 for every 1.00 you spend on inventory) 50.00
Item
Cost
Total monthly costs What did you exclude from your budget and why? What will the impact of your exclusions be?
2
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 1 - Making Ends Meet
Microfinance Bank of America NAME
A new bank called the Microfinance Bank of America has just opened in your hometown. This bank makes microfinance loans, which are small, short-term loans at a low interest rate. Write a very short email, five sentences or less, to the loan manager of the Microfinance Bank of America. In your email, explain why you need a microfinance loan and how you intend to pay it back.
3
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Microfinance Terms Activity I NAME
You will be creating sentences using the terms below. You may know some of the terms but not others. You are not expected to know all of these terms at this point in the lesson. Work with your partner to generate at least one sentence using some of the terms below.
• • • • • •
Loan. Borrower. Field partner. Entrepreneur. Lender. Microfinance institution.
4
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Microfinance Terms Activity II NAME
Write the definitions for each word below.
Loan:
Borrower:
Field Partner:
Entrepreneur:
Lender:
Microfinance institution:
5
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 2 - Defining Microfinance
Ticket Out the Door NAME
Use the new vocabulary words to answer the question, “What is microfinance?” New vocabulary words: loan, borrower, field partner, entrepreneur, lender, microfinance institution.
6
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Steps to a Car NAME
Label the circle below as if it were a clock face. In the center of your circle, write the name of the car that you would most like to drive when you get your driver’s license. Using the numbers on the circle, map out the steps you think it would take to secure loans to buy the car you want. (You may not use all of the numbers.)
7
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Circle Concept Map Notes NAME
Read information on the Kiva website (www.kiva.org/land and www.kiva.org/about/how/even-more) to create the steps necessary to become microfinance lenders. Use the space below to record these steps in order to help your group create a circle concept map on the chart paper with your borrower’s name in the center of the circle. Borrower:
8
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Lesson 3 - Roll Up Your Sleeves!
Letter to Your Borrower Journal Entry NAME
Write a friendly letter addressed to the borrower you selected. Your letter should include: • • •
A brief introduction of yourself. The reasons why you selected your borrower. A brief description of the impact you hope to help your borrower make.
9
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Journal or Blog Activity NAME
Read the statement below and respond to the question included. There is an old expression that describes someone getting out of a difficult situation by “pulling themselves up by their bootstraps.” The expression itself exemplifies the U.S. American ideology that anyone can better their situation if they try hard enough. Do you believe that anyone can pull themselves up by their bootstraps if they try hard enough?
10
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Perspective Taking Activity NAME
Read the passage below and respond to it using the prompt provided. “Pierre Celestin, a father of seven from Rugogwe, Rwanda, sells various goods such as lotions, shoes, rice, beans, soap, biscuits, etc. His challenge is not having enough capital to properly run his business. With a loan through World Vision, Pierre Celestin will be able to restock his store, attract more customers and generate more sales. He will also be able to create four jobs for others in his community. Additional income created will allow him to provide for his family and improve their livelihood. He will also be able to reinvest in his business and get medical insurance. In the future, he hopes to become financially stable and create jobs for others in his community. He says he will have a great life” (World Vision Micro, 2011, para. 2). Take the perspective of Pierre Celestin and write a summary of your feelings about the receipt of the loan and your hopes for the future.
11
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Global Society - Unit 3: Social Entrepreneurship Microfinance Lending and Opportunities
Post-Assessment Activity: Five Finger Review NAME
On each finger, write down one thing you learned about oral languages, written languages, sports and leisure activities. On the thumb, write down one thing you learned about any of the previous topics as it relates to your region of study. On the palm, write a three sentence summary of what you learned in this Global Society unit of study.
12
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Notes
13
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
Notes
14
Global Connections 2: Global Society Unit 3: Social Entrepreneurship - Microfinance Lending and Opportunities
References Celestin, P. (2011). World Vision Micro. Retrieved from http://www.worldvisionmicro.org/ loans/8431
15
