Saturday, December 5, 2009

Kiva-What a concept!!!

Kiva is a micro-lending site. They loan money to low income entrepreneurs. The minimum loan is $25 (which averages $1 per student usually) and then the learning comes. Students can make a loan and then trace its history of repayment over a period of 6-12mths. Your class can choose the gender, location and loan type so (agriculture, business etc.) they wish to loan to. You can track what percentage of the overall loan they need has been covered with the class funds, and the site provides a scale to show how close each requester is.
The people applying for these loans are in real need and he loans they get will help them move towards economic independence and give them the ability to improve life for themselves, their family, and their community. Kearsley and Shneiderman (1999) explained that “an ICT environment, is best suited to providing a meaningful and authentic experience for students, one that can be configured to simulate the kinds of experiences students will face outside of the classroom.”
I am thinking maths, percentages of loan received, percentage of loan repaid, wworking out when the loan should be paid off, younger students can work out how many times the person needs to receive a $25 loan before they have received their requested amount, and the list goes on. SOSE-learn about the people and the country the loan is going to. Clas debates on who should get the loan, chosing between two people who want the money for the same reason might make the students examine the peoples personal circumstances closer in order to come to a final decision. This is an awesome resource.

A Fistful Of Dollars: The Story of a Kiva.org Loan from Kieran Ball on Vimeo.



Website-
http://www.kiva.org/about/what/

Reference:

Kearsley, G & Shniederman, B (1999). Engagement Theory: A framework for technology-based teaching and learning, Maryland. Retrieved Dec 05, 2009 from http://home.sprynet.com/~gkearsley/engage.htm

10 comments:

  1. Hi Sharon,
    I did a lesson on money in the past. I couldn't believe how grade 2 and 3 students are not familiarise with coins and money in general. I was allowed and exposed in money in such young age (ask me).
    My thinking is the children these days are not really expose when it comes to money.Because we now live in a cashless society, only few dangling coins in your pockets these days. Students know more about card and visa etc.
    With this KIVA concept students will be expose to how banking(credit debit) and more.
    It is important for us educator to really engage students in how people transact money in reality. This learning experience will not only show students how lucky we are in Australia but to put them in a position on how the rest of the world work both financially and socially.
    In this way not only students are involve but the whole community as well.

    I can see real learning in your classroom. Debating and examining who is the rigthful person to have the funds? Some future politician in your class (No bankrupcy at the age of 30).
    Sorry I can be so politicality minded.
    Cheers
    Mary-Ann

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  2. Thanks for your comment MaryAnn,
    it was really encouraging to read because I can tell that you get what I am trying to convey.

    I find connectivism theory such a hard concept to define at times and considering “How can I use, apply, and/or integrate connectivism in my classroom using ICT's?” is easier for me to get the 'big ideas' when I look at sites like kiva or wiki's. The possibilities become apparent and yet they become infinite and so hidden as well.

    If I tackle it from a networking angle and then apply the uses in the classroom I tend to get a better understanding .
    I feel like I have had an epiphany, but, I am not sure the theory is available to relay my understanding in an academic sense.

    My understandings is much more multi-dimensional then anything I have read as of yet and frustratingly half formed but I'm getting there and the learning journey is certainly eye-opening.

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  3. Hi I have had a very quick look at your blog and want to read more and at this moment i think your blog is great and very informative i can not wait to have some spare time and get back to it.keep the good work up regards lynn scargill

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  4. Hi Lynn,
    Thankyou for your kind comment. It is very encouraging to hear others say that my thoughts are informative, though I find the most inciteful comments usually in reading others responses. It is that give and take that I really enjoy and motivates me.

    I am starting to understand that talk of grouping students is useful for planning but the wording is limiting in what it conveys, in regards to what is actually able to take place in a collaborative environment.

    If I can bring that understanding into the classroom then perhaps I can enthuse the children to participate on a higher level then simply group skills.

    It was Einstein who said "If I have seen further it is from standing on the shoulders of giants."

    He understood that collaboration with peers and sourcing of expert information, combined with the bouncing of theories off of one another can help us to understand things at a much deeper level then would otherwise be possible.

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  5. Hi sharon
    I just watched the video and was inspired! Not only can this teach children the real value of money and improve their accounting skills but it makes them aware of global social issues and hopefully cultivates little philanthropists! It was also very helpful to me as I had no idea what to get my girlfriend for her birthday today and it made a great last minute gift voucher.
    Thanks for sharing,
    cheers
    Michele
    ps - i like your photo but disappointed you don't really have pink hair :-)

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  6. Hi sharlock
    Love your theory!
    and will read on later
    great work
    regards
    Lynn

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  7. Hi Michelle and Lyn,

    I am so pleased you found Kiva as inspirational as I did. What a lovely gift to give for Christmas.

    By the way. Just because I don't have pink hair now doesn't mean I never did lol!!!

    Cheers,
    Sharon

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  8. Hi thank you so much for the wonderful experience of interacting though the white board program. This is a great collabritive tool, as we experienced and I had lots of fun during my time with you when we worked together and came up with a graduating certificate.This will benifit me in the futer teaching of distane education and keep me incontact with my students in most age ranges and people with a disability
    kindest regards
    lynn scargill

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  9. Lynn,
    Thankyou, it wouldn't have been half as good if I couldn't find someone to use the whiteboard virtually with. I mentioned the use of this in my twitter blog if you would like to see it.
    Cheers,
    Sharon

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  10. Hi please send me this link, twitter where I can view what you was talking about in your last comment posted on this site - thankyou

    ReplyDelete