Unit 3 Money READING PLUS

1 SPEAKING b Read the article again and answer the questions. Why
did … ?
a Work in pairs. Answer the questions. 1 Franz Hermann Schulze-Delitzsch start his credit union
1 What are the advantages and disadvantages of borrowing 2 Dr. Muhammad Yunus start his ‘Village Bank’
money from these people or places? 3 the music group ask fans for money
• friends • a bank 4 Hans Fex ask for money
• family • work
2 How much money would you feel comfortable borrowing c Note down what these numbers in the article refer to.
from the people or places? 1 25
2 100
b Do you ever lend money to people? Why / Why not? 3 26,000
4 1.2 million
5 8.81 million
2 VOCABULARY 6 1.02 billion

a Complete the table. Compare your answers with a

partner. Check your answers in a dictionary.
4 SPEAKING
verb noun person a Work with a partner. Which idea (1–4) in the
article do you like the most? Why?
lender

borrow –
b Work in groups of three or four. Choose a
crowdfunding project from the table to lend money to.
bank
Who are they? They want money They offer …
investor to …

1 ‘The New buy new musical free tickets to

3 READING Beats’, a rock
group
instruments see the group for
a year
2 Julia, an artist do a show of her 0.5% of profits
BETTER READING: paintings in Sao for $1,000 loan
INTRODUCTORY PARAGRAPHS Paolo
Sometimes, the first paragraph can help you understand the 3 A group of create a garden your name will be
topic of the whole text. local people in a poor area of on the wall in the
the city garden
1 Read the introductory paragraph to the article on
page 43. What do you think the article is about? Discuss 4 A woman in start a basket 1% of profits for
your ideas with a partner. Kenya making business £100 loan
2 Read the whole article. Were your ideas correct?
c Tell the class which project you chose. Explain why
you chose it.
a Read the article again. In which text(s) (1–4) … ?
1 did the same thing happen in two places d Do you know any projects which need
2 can you get a loan to start a business (x3) crowdfunding? Tell the class.
3 do you ask lots of people for money to start a business (x2)
4 do you get a loan from a bank
5 does the idea help people in developing countries (x2)
6 do people ask for money for education

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