The Supermarket Lending Shoppers Money for Groceries

Five people stand side by side

From Katherine Latham / Reasons to Be Cheerful: In the United Kingdom, the supermarket Iceland Foods gives out interest-free microloans on pre-loaded cards during school holidays for families to spread out their grocery bills over time when finances are most stretched. The program also reduces pressure on food banks that are already struggling to meet demand.

Click here to read the original story.

Read insights from organizations easing economic burden.

More Resources:

From Erica Sweeny / Next City: The Denver-based Triple Bottom Line Foundation funds projects to retrofit low-income, multi-family properties that house underserved groups. The projects include energy-efficiency upgrades, solar power installations, and weatherization upgrades among others. Click here to read...

Ashish Kothari, based in Pune, India has helped found or coordinate a number of organizations, movements, and processes, including Kalpavriksh, Vikalp Sangam, ICCA Consortium, Radical Ecological Democracy, and the Global Tapestry of Alternatives. He is co-editor of Alternative Futures: India...

From Lawrence Wintermeyer / Forbes: GoodDollar is a basic income product that works via the public blockchain network. Because blockchain is decentralized and public, this platform could be used globally, non-reliant on any one government. GoodDollar uses G$ coins which...

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

Mafah Cornelius Kuta is a regenerative farmer and former principal in Cameroon. Mafah’s goal is to create and establish a regenerative agriculture school and regenerative agriculture movement by equipping farmers to regenerate land within culturally relevant and ecologically-appropriate contexts. Mafah...

Yuliya Panfil is a senior fellow and director of New America Future of Land and Housing program. Prior to joining New America, Panfil worked at Omidyar Network, where she sourced and managed property rights investments, and as a land governance...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.