Two Dollar Challenge

Who is the Two Dollar Challenge?
Two Dollar Challenge is an organization dedicated to engaging a generation of students in the fight against global poverty.

What does the name “Two Dollar Challenge” refer to?
The World Bank has estimated that about half the world lives on two dollars a day or less. This rampant condition of poverty is the great challenge of our time, and it is the challenge to which we commit ourselves.

But really, $2 in the US is really different that $2 in other countries.  What about the exchange rate?
As mentioned in the previous answer, we are going by The World Bank’s data.  This takes into account the Purchasing Power Parity (PPP).  To get less technical, it means we take into account the exchange rate and the $2 figure refers to the bundle of goods that can be bought in each country. 

Can you really show students what it means to live in poverty?
We acknowledge that it is almost impossible to simulate the real agony of poverty in a controlled environment. That said, we believe our experiential learning program offers students at least a kernel of empathy from which they can understand the harsh reality of poverty. It is this small piece of earned awareness that genuinely motivates students to eradicate poverty.

What are some specific limitations?  How do you address these?
Our two biggest limitations are security and the future. 

Security is something that we must have to be able to recommend this program to students.  However, the truth is that we cannot simulate the insecurity that comes with uncheck violence and crime and with police likely serving as predators instead of protectors. 

The Future is something all participants know is right around the corner.  The end of the week when you go back eating at a buffet in the dining hall every night and can stop worrying about if you have enough water pre-boiled.  As a former participant I can say, knowing that you are looking for this end is a powerful learning experience in itself.  Knowing that those truly living in poverty have no end in sight for themselves or their children – this can be a large ‘fire under the belly’ to motivate more immediate action.

How can I use this to raise money?
Our Challenge Week works like a Walk-a-thon, but because of its unique nature it generates more interest and the participants gain insight. Participants can either get flat donations or can be sponsored for each day they live on two dollars a day. These donations can come from friends, family, local businesses, or people walking past who want to know what the week is all about.

So I can donate the money to an organization I pick, or do I have to give it to TDC?
TDC is an organization about you; your experiences, your education, your causes. If you are part of a student group who is starting their own development initiative, fundraise for that! Already partners with an economic development or poverty related organization? Donate to them! We do ask that, unless you’re funding a small, student-led initiative in microfinance, you donate to our Preferred Partner, Opportunity International.  This is an organization we fully believe makes the most of each dollar donated. 

What makes Opportunity International stand out?

Founded in 1971, Opportunity International provides small business loans, savings, insurance and training to over a million people working their way out of poverty in the developing world. Clients in 27 countries use these financial services to start or expand a business, provide for their families, create jobs for their neighbors and build a safety net for the future.  In addition to this impressive resume, 100% of the money raised through TDC will go directly to loans, not overhead.

How can I get involved or learn more?
Become a fan of TDC on our Facebook Page, download our Campus Leader Sourcebook or Participant’s Manual from here,  or send us a message!