Microfinance Challenge
Peace Corps Challenge Game
Print this Page- Subject(s): Language Arts & Literature, Social Studies & Geography, Cross-Cultural Understanding, Science, Mathematics
- Grade Level(s): 6–8, 9–12
Overview
Enhance the experiences from the microfinance challenge of the Peace Corps Challenge game with additional resources from World Wise Schools.
Background Information
Factoids from the Game:
- "Microfinance" is the building of financial systems that serve poor populations. Source: Consultative Group to Assist the Poor
- In most developing countries, the majority of the population are poor, but it is the poor people who are the least likely to be served by regular banks. Microfinance addresses the needs of those in the population with little money. Source: Consultative Group to Assist the Poor
- Peace Corps Volunteers working on business issues focus on increasing family income, improving the environment for businesses, educating young people, and helping businesses find markets for traditional products. Source: Peace Corps
Procedures
Play
the microfinance challenge.
Watch business development videos of Peace Corps Volunteers working with individuals and communities to promote economic opportunities at the grassroots level.
Additional Resources
- Grameen Foundation: Frequently Asked Questions About Microfinance
- United Nations: Redefining Microfinance as a Strategy to Achieve the Millennium Development Goals
- United Nations: Micro Finance Interventions
Framework and Standards
Standards
National Content Standards:
- English Language Arts Standards
- Standard 1
- Social Studies:
- Theme I: Culture and Cultural Diversity
- Theme III : People, Places, and Environments
- Theme IX: Global Connections