Peace Corps Challenge GamePrint this Page
- Subject(s): Language Arts & Literature, Social Studies & Geography, Cross-Cultural Understanding, Science, Mathematics
- Grade Level(s): 6–8, 9–12
As a Peace Corps Volunteer assigned to the village of Wanzuzu, students playing the Peace Corps Challenge game are faced with many challenges they must solve using realistic solutions. In this challenge, players learn that the Ministry of Finance is offering a new microfinance program that will offer a small business loan to one lucky villager. The player must visit the marketplace and interview community members and ultimately help decide which project should get the loan.
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
Explore the Microfinance WebQuest
Play the Microfinance Challenge (Flash)
Coverdell World Wise Schools:
- Lesson plan: Starting Your Own Business (Grades 3-8)
Students learn about a small poultry business project with youth in the Caribbean nation of St. Vincent. After viewing the slideshow, students engage in a math investigation in which they plan their own fictional poultry businesses.
- Slide show: Explore Back-Country Peru
Kurtis Shank served as a Peace Corps Volunteer in Peru, in South America. His primary assignment was to work with the community to develop small businesses, with an added emphasis on information technology.
- Grameen Foundation: Frequently Asked Questions About Microfinance
- United Nations: Redefining Microfinance as a Strategy to Achieve the Millennium Development goals
Framework and Standards
- Small businesses play a large role in the health and sustainability of a community.
- Access to microfinance opportunities can have many positive effects on a community.
- What role do small businesses play in the economic health of our communities?
- What are some distinguishing factors between successful and unsuccessful small business ventures?
- In what ways can microfinance opportunities affect underserved communities?
Thematic Strand IV: Individual Development and Identity:
- Individual choices influence identity and development
Thematic Strand V: Individuals, Groups, and Institutions
- Institutions are created to respond to changing individual and group needs
- Concepts such as: competition, cooperation, and role
Thematic Strand VII: Production, Distribution, and Consumption
- How choices involve trading off the expected value of one opportunity gained against the expected value of the best alternative
- That banks and other financial institutions channel funds to borrowers and investors
- How markets bring buyers and sellers together to exchange goods and services
Thematic Strand IX: Global Connections
- The causes and consequences of various types of global connections
- The actions of people, communities, and nations have both short and long term effects