Teenage Banker in Peru

What motivated José Adolfo to start a bank for children? RI 5.3

• He encourages children to save money and offers his customers money for recycling.

• Many of his classmates dreamed of becoming soccer players, firefighters or musicians.

• He decided he wanted to create a bank for children.

• He was motivated by seeing his peers skipping lunch because they had spent their money on sweets or football cards.

Tags

RI.5.3

What services does Bartselana student bank offer? RI 5.3

• Loans and insurance

• Protection against money loss

• Multiple banks to get money from

• All of the above

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RI.5.3

What did José Adolfo come up with to help the children earn money? RI 5.1

• Collecting and turning in recyclable waste

• Selling sweets at traffic lights

• Working in finance

• Skipping lunch

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RI.5.1

Read the following paragraph from the section

"2,000 Clients From 10 to 18."

The bank he founded is Bartselana student bank. The bank now has more than 2,000 clients between the ages of 10 and 18. The bank offers loans and insurance, or protection against money loss. The children can get money from several banks. They can see their balances online. He also set savings goals for his clients.

Which of the following is an accurate explanation of what this paragraph means? RI 5.1

• 
  José Adolfo's bank helps students save, protects them from money loss, and lets them check their balances online.

• José Adolfo's bank has more than 2,000 clients, which is more than any other bank for children in Peru.

• Bartselana student bank partners with banks around the world to protect the environment.

• Bartselana student bank's main goal is to teach their clients how to manage loans, get insurance, and use multiple banks.

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RI.5.1

Read the following statements.

1. José Adolfo cares about keeping Peru's environment clean.

2. Peru's government has passed a law to clean up its beaches.

3. Bartselana student bank helps children in Peru make and save money.

4. José Adolfo does not have time anymore to go to school or play outside.

Which two statements are MAIN ideas from the article? RI 5.2

• 1 AND 2

• 3 AND 4

• 1 AND 3

• 2 AND 4

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RI.5.2

Read the summary of the MAIN ideas of the article below.

José Adolfo decided to start a bank for children after witnessing children in his school and neighborhood who were struggling to save money. He also partnered with local recycling companies so that children can get paid for bringing in recyclable items while also keeping the environment clean.

Which answer choice would complete the summary? RI 5.2

• José Adolfo's father says that he works too hard at the bank and does not have time to attend school.

• Peru's government has noticed José Adolfo's hard work and has taken action to better protect the environment.

• José Adolfo won the Child and Youth Finance International Award and the Children's Climate Prize.

• 
  Children who open bank accounts at Bartselana must regularly check their account balances online.

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RI.5.2

Read the introduction [paragraphs 1-5].

Select the sentence that explains what made José Adolfo want to start a bank for children. RI 5.1

• He encourages children to save money and offers his customers money for recycling.

• Many of his classmates dreamed of becoming soccer players, firefighters or musicians.

• He decided he wanted to create a bank for children.

• He was motivated by seeing his peers skipping lunch because they had spent their money on sweets or football cards.

What did José Adolfo convince local recycling companies to do? RI 5.1

• Pay his bank's clients a slightly higher price for recyclable items

• Buy bicycles, computers, or laptops for the children

• Teach them how to save money

• Donate money to his bank

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RI.5.1

What recognition has José Adolfo received for his work? RI 5.1

• Child and Youth Finance International Award

• Children's Climate Prize

• Awards from all over the world

• All of the above

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RI.5.1

What is the main goal of Bartselana student bank? RI 5.2

• To teach children how to manage loans

• To protect the environment

• To offer insurance to children

• To provide multiple banking options

Tags

RI.5.2