Celebration of Learning Kiva Kids 2016

Each year I continue to be amazed by what the boys accomplish at Town School for Boys in conjunction with Kiva.org.  This year, in addition to raising approximately $1665 in new funds (equating to 64 loans and a $65 donation), we also had the opportunity to team up with 2nd and 3rd graders to teach them a little about lending and microfinance too!  Additionally, the 6th grade Core math class participated in a unit of their own making approximately $400.  

The Annual Celebration of Learning is always a wonderful opportunity to have the students share with parents and other community members what they have learned.  We also had a special treat- Bumzy's Cookies!  (Kiva Zip Borrowers from SF) Feel free to check out our overview video and dive into some of the business presentations too.  More lending to come in 2016-2017.

RFL

(Sean, Mason & John)

 

 

Squeeze Inc

(Colin, Noah, Lucas & Kitt)

 

 

Squishy Squad

(Josh, Jack, Alesso & Ben)

 

 

Hacky Town

(Alfred, Harrison, Spencer & Charlie)

 

 

Putty Putty

(William, Gordon, & Alex)

 

 

Slap Bands +

(Benjamin, Charlie, & Jackson)

 

Just Getting Started: Making a Difference on Fair Day

First Sale Day

This year's Town School for Boys Kiva Kids are up to old tricks, selling product in the name of micro-lending. As the money poured in from faculty, staff and parents*, the boys got excited to purchase their product and start making money.  Fair day at Town occurs every year the day before February holiday week and it seemed the perfect day to launch this years products.  4 out of the 6 groups successfully received product in time to make this happen.  The two groups that didn't get their product in time have learned lessons about shipping costs (ouch!), inventory issues (out of stock), and that being on top of things and working as a group is very important.  I have faith that watching their peers success on Friday will only in the end make their company stronger in the future.  

*In the past I struggled with the idea of having parents become lenders, however after careful consideration I allowed each parent to give up to 10% to their son's company loan in an effort to bridge communication about the project experience and learning. 

In addition to selling product, the boys have recently learned how to set up spreadsheets, and create functions (They need to this to set up a BOG -Bank of Goggin).  They have also used proportions to discover what their loan size in Kiva Kids would look like on Kiva.org, they have analyzed the Town School for Boys Kiva portfolio to look for trends and gaps, and have had serious discussions about pricing, profit, and building capital.  We are just getting started.

 

 

Here's to the 2016 Kiva Kid Borrowers

The boys have been busy putting together business plans, filling out borrower applications, and discovering a lot about what it takes to put it all together to become proud business owners. With the help of parents and faculty members, some of our teams are well on their way to being funded in the hopes of opening up shop in the early days of February.

 

Check out our Kiva Kids Page

 

I asked the boys to reflect on how it feels to be a borrower and here are some responses:

  • As a borrower, I feel pretty good because our group has been loaned to multiple times. I also feel a bit satisfied, knowing that our group is closer to being fully funded. Being a borrower is exciting because you don't know if you are going to be fully funded, and if you aren't, then you can't start your business. I really hope people will loan to us so we can get started on selling our mesh squishy balls to the students.
  • I feel that as a borrower it is really exciting checking your loaners and how much you have because every time you are that much closer to getting your loan. The one thing that I feel is hard about being a borrower is not being able to use your loan until it fully is funded. For example I found a better deal on our product but unfortunately I couldn't get it because our loan wasn't fully funded yet. But still I can see how we shouldn't be able to because people who get loans through Kiva can't use the money until they get fully funded. The reason they are on Kiva is also because they don't have the money to buy the thing they want.
  • I am so far enjoying the experience because it feels different than being the lender. Our group has been very successful so far, and we hope to stay on track so we get our loan of $60 as soon as possible. To be a borrower, you must have patience because you have to wait for lenders to loan to you, and sometimes that takes a while. 
  • I feel good because we are getting multiple loans and I think we might be a successful business. It may take a while to achieve our full loan, but I am excited. I feel like we are relying on these kind lenders and that paying them back is our priority, but we need to think of how to make good profit while paying back our lenders, and not making mistakes to bring us down. 
  • It is kind of nerve racking thinking of what can go wrong as a borrower. I also think that the process of paying back the loan is scary because you don't know that the business is going to make enough money to pay back the loans.

 

What a finish!

What a YEAR!

2014-2015 

When it was all said and done and the boys said goodbye to 6th grade, I sure hope they felt good about what they accomplished in math class.  Not only did they learn real practical skills that can be applied to life (collaboration, problem solving, perseverance and inquiry to name a few), the in's and outs of small businesses ownership, social entrepreneurship, and financial literacy but they also learned about the financial status and lifestyles of others across the globe through math lessons.  The were empowered by the faculty and staff of Town to help alleviate poverty through lending and from what I saw, they felt good doing so.  

 

During the last two weeks of school the, the Town School borrowers collaborated, pooled their money and energy and went for a final push to clear out all existing product and create a joint product that students would talk about.  Through inquiry, problem solving, price point checking and coupon searching, the boys came up with Town Tiger Sunglasses that were certainly a hit! With each group contributing $30 to the product, they not only saw their contribution double in a few days, but they felt the excitement of being able to empower more borrowers through intentional giving.  

And while the boys finished school a week ago, and likely the excitement for lending has been replaced with the energy and thrill of  vacation, I am proud to announce the final numbers on the lending team of 2014-2015.

$1010.17 in profits/loans to Kiva.

$41.95 in donations to Kiva  

In addition to the 36 loans they were able to complete before summer, they have 4 more loans waiting for the Kiva Council to lend in September and the extra $10.17 was added to the donation.  Well done.  Rest well this summer boys, knowing you made a difference. 

 

Stay tuned for next year...

Educating About Kiva = Change Makers?

The 6th grade boys have been actively educating our K-8 community about kiva.org.  Visiting classrooms, creating developmentally appropriate presentations and asking and answering tough questions truly allows me to see the knowledge and skills they have attained through this project thus far and the empathy they are feeling for others across the world.  

The boys have presented to many grade levels and grandparents/special friends over the course of the last few weeks.  They have gotten good at feeding their peers questions in order to round out the presentations, speak firmly about their thoughts and answer tough questions about the importance of micro finance, the issues with global poverty, what's been their favorite part about working with Kiva and my fave from a 2nd grader...

So would you consider yourselves change makers?
— Town School 2nd Grader

In addition to a clear introduction and a Q and A session many of the groups presented the boys with a multimedia component.  Take a moment to enjoy.  More on they way!

Kindergarten-Second Grade

Kiva as Superhero's - Poverty the Villain

Third-Fourth Grade

About Kiva

Upper School and Greater Community

Save a Life (New Version Coming Soon)

What is Kiva?

More Loans...

While the boys are awfully nervous about giving up their capital, the 6A class successfully made 3 loans to day in class.  While the bank accounts are low, the boys have product to sell and are confident they will be able to make repayments this month. We welcome these new friends into OUR community!

Emma is from the Philippines.  We feel connected to this country because we know people from there.  Emma is married with 8 children, and she needs money to care for them. The impact of this loan will go far beyond Emma herself.  Emma has had 13 prior loans and we feel confident we will get our money back. -Sports Ball Inc

Imelda is part of the Ngasoma Road Group and is planing to sell food which will also help her community. She has five children still in school and we are confident she will pay back because it's her second loan. She paid back successfully in the past.  Annual income $1700 in Tanzania and we feel that the money we are able to loan will make a difference. -Bouncy Ballers

We want to lend to Roset because she is a single mother with 3 kids.  She is buying a goat to slaughter to feed people of her community.  Through these meat sales she dreams of expanding her market.  Just like us!  We can't believe Uganda's income is $1500 so we would like to lend to her.  -Bouncy Ballers.



It's Lending Season! Take Note!

Today marked the first day of lending for the 2014-2015 young businessmen.  While they have had the opportunity to  make group loans and free loans from Kiva, today marked the day that a group of young men from our Kiva Kids program had successfully made enough money to lend to an entrepreneur of their choice. Today marked the day where 4 boys from Bouncy Ballers decided that they would make a loan in the hopes that it would change a life.  Today marks the day that the loans from our faculty and staff that empowered our boys to start businesses, eventually empowered others from across the globe.  So who did they lend to?  

Meet the Takondwa group from Malawi.  

When asked why they decided to lend to this group the boys eloquently said:

  • They are a group
  • This is their second loan
  • By selling second hand clothing they are making money to help her children, but they are also helping others from their village get the clothes they need-double impact.

Great work boys on being the first to be financially secure enough to make a loan. Just 6 weeks in from being fully funded and doing fantastic work!

(Side note-Malawi is in Africa and Ebola is in Africa was also part of their list-this obviously led to quite a discussion on geography, Africa as a continent and accessibility and didn't make our top 3 reasons!)

Celebration of Learning and Annual Report

The past 2 1/2 weeks have been very busy in the garage as the boys prepared for their celebration of learning and annual report.  After creating essential/driving questions for their groups, the boys got busy making infographics, explaining their year and getting creative.  I had no idea what to expect.   

While it is unfortunate that every essential question wasn't able to be completely addressed, the boys have plans that they will bring with them to Kiva Council in the fall.  We are sure to share their passion with the Town School lower school, other schools in the bay area and Town School friends and family in the coming year.   

Quick Stats for the 2012-2013 School Year as of June 7th

 Without further delay this is how each company decided to present in front of their classmates, peers and parents at the Annual Report and Celebration of Learning on June 4, 2013.  Drum Roll... Please!   

Big Time Bouncy Balls

Big Time Bouncy Balls Infographic

Big Time Bouncy Prezi

Slap Bands for Kiva Fans

Slap Bands for Kiva Fans Infographic

Slap Bands for Kiva Fans Prezi 

 

 

I am very proud of the boys and excited to continue and watch them grow in the years to come.  Through debrief, I established with the boys that next year may require more time.  I would love to get them to practice their presentation with their classmates, get feedback and then move on to the larger group.  But all in all... WELL DONE BOYS.  You have inspired me:)   And you inspired KIVA.  Here's what they sent to us:)  

 

 

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