Friday

I was absence again in human geo class today Friday 12/13/13.

Thursday

I was absent from Mr. Schick’s Human Geo class today because I got picked up early from school. 

Returning Test

Today in Mr. Schick’s human geo class we got our test back from last week. We already knew what our scores were but he wanted to check the answers with us so we could use it as a study guide for the exam. I thought it was a pretty easy test and I’m really happy that I got an A. Our class average was pretty terrible considering how easy the test was. Some people probably just read the questions wrong or something. Hopefully the exam will be as easy as this test was. That would be quite wonderful. So I guess that was our last test until after break (besides exams), but I’m pretty that around the time we get back from break the semester will be over. That means we change classes, so instead of taking Human Geo I will be taking another class but I will still have Mr. Schick as my teacher. 

THANK GOD

Today in Human Geo we took a test on Microfinance and Mr. Schick said it was extremely easy. He also said that we would all get a 100% and if we didn’t then we would be sent back down to 6^th grade. I agree, it was pretty easy but I think I possibly might have gotten one wrong. It was a complicated and the answer wasn’t obvious. We probably talked about it in class but I probably don’t remember. So Mr. Schick went to check our test and I got 100%, so obviously I got that question right. Let’s hope this will help my grade because I think my exams are going to bring me down. Only because I’m really bad a big exams like that, I always forget everything. So Mr. Schick’s birthday is on Monday and he said he wants to be at school, the second happiest place in the world. Obviously Disney World is the first. 

REVIEW

We reviewed for our test today on Mr. Schick’s power point he made about Microfinance

Microfinance is financial service for people who don’t have access for people in developing countries. So they can get a kick start to their business. A microloan is a small loan given to individuals who might not have access to certain services. Also referred to as Micro entrepreneurs. Kiva is a very well-known and well operated provider of microloans. Over the last week they have given almost half a billion dollars to borrowers. 637,003 loans have been funded through Kiva. It has a 99.1% payback percentage. Microloans are also given to people who want to fund a clinic, hospital, or other health care facility.  Also to teachers trying to run schools, and even students trying to get into college. Some problems with microloans is that they have high interest rates. Think about it, if you’re living in a place with few banks competing for the lowest interest prices, you could end up with a high interest rate. Microloans help with the fact that banking services aren’t available to poor people. It’s a help but not a fix. Fun fact: Malaria- “bad air” infectious disease that is transferred by mosquitos. No vaccine exists and they only way to stop it is to not get bite. They best known way to stop it is by mosquito nets. Bill Gates is the second greatest philanthropists in history. He is no longer the richest man in the world due to the fact of his support to research and development for a vaccine, diagnostics, and mosquito-control measures. He plans on giving away 95% of his wealth before he dies. Well done Bill, well done! 

12/4/13 blog

  Test Questions for Human Geo  

                   Steven Kucther, Hailey Ishak, Ellie Gottschalk, Stephanie Imbierowicz, Carly Schofield.

1. who is microfinance used for ? - it is used for people to start up a business or to keep a business going or just to help people who need a small loan.

2. what is a common use for a micro loan? - starting up new businesses, products, clinics, machinery, furniture, and schools  

3.What is a microloan? Loans people money to help them get a kick start in a small business that they think will be beneficial to their village or town

4.what is mocrofinance? A general term to describe financial services to low-income individuals or those who do not have access to typical banking services.

5. Who has the most supply of mosquitoes nets? Bill and Melinda Gates

6.what is the difference between developing countries and developed countries?- developing usually have lower levels of affluence and higher levels of unemployment, developed countries have the

7. what is malaria?  - malaria is a wide spreading disease that is transmitted by getting from a mosquitos

8.why do poor people pay more for loans? -micro lenders don’t get paid as much so poor people have to pay higher loans

9. What is a microlender? An organization that makes business loans to individuals who arent able to obtain financing from traditional lenders.

10.In developing countries the majority of the population is? Poor

11. How is giving Microloans better than just regular donations to charity? This way you're not just giving them many for no reason but you're giving them a kick start to make a successful business and in the end it’s their responsibility to pay you back for your help.

12.give 3 problems in developing countries that can be solved by microloans: malaria, drought, clean water

Learning About Microfinance

Today in Mr. Schick’s Human Geo class we learned about Microfinances. Another one of his classes, section 1, made a class PowerPoint about microfinances so we just learned from that. We learned that Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services. Giving microloans to people helps them get a kick start to a successful business. The website kiva is a great example of giving microloans. This way it’s not just charity but the loans are paid back. Microloans not only help the person getting the loan but also can help the economy of the village he/she lives in. For example the person can use the loan to buy something that makes his/her business boom but also makes life easier for the people in the village. A good definition of a microloan is when a person lends a small amount of money to a developing business once the business is running good the lender will receive their money back.