Microfinance

A Teacher’s Resource for the International Year of Microcredit 2005

How can $100 change an economy?

It could be for a new tool, a machine, or a shop in the market place millions of the world’s poor and low income people have taken advantage of small loans to improve their lives. Over the past three decades, people have used these loans, known as microcredit, to launch new enterprises, create jobs and help economies to flourish.

Microfinance - A Teacher’s Resource for the International Year of Microcredit has been written for primary and secondary teachers to introduce students to the concept of microcredit. Microcredit, and more broadly microfinance, is an important tool for reducing poverty and giving poor people a better chance to live. This CD provides teachers with a range of photographs as a photoliteracy tool for exploring the concepts of credit and debt, small business opportunities and microfinance. The material can be adapted to suit a wide variety of year levels and teaching and learning programs.

Microcredit:
A hand up, not a hand-out

David Bussau, founder of Opportunity International

Microfinance - A Teacher’s Resource for the International Year of Microcredit
Written and compiled by: Francine Smith and Mark Wildy
Original Photographs: Francine Smith
CD Development & Replication: Internet Technology Services

© AusAID 2005

Microfinance - A Teacher’s Resource for the International Year of Microcredit has been funded by AusAID.  AusAID is responsible for the Australian Government's overseas aid program.

The views expressed in this publication are not necessarily those of AusAID, or the Australian Government.

AusAID supports the general aim of Global Education to enable young people to participate in shaping a better shared future for the world.

AusAID can supply teachers with a range of publications to enhance teaching in Global Education including AusAID's Focus  magazine, curriculum
materials, posters and other education resources. AusAID also maintains a website specifically designed for teachers (www.globaleducation.edna.edu.au) which includes material on global issues, country profiles, teaching tools, monthly newsletters, networks and links.

There is also a general AusAID website (www.ausaid.gov.au) where a wide range of free publications can be ordered online.

Copying for educational purposes

Teachers are permitted to copy part or all of this CD provided acknowledgement is clearly stated.

Copying for other purposes

Except as permitted under the The Australian Copyright Act 1968, for example fair dealing for the purposes of study, research, criticism or review, no part of this CD may be reproduced in any form or by any means without the prior written permission of the publisher.

For details of the CAL licence for educational institutions, contact CAL,
19/157 Liverpool St, Sydney NSW 2000, tel: (02) 9394 7600, fax: (02) 9394 7601, email: info@copyright.com.au.

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