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:

Erinch Sahan is the business and enterprise lead at the Doughnut Economics Action Lab. Recently, he was the chief executive of the World Fair Trade Organization and previously spent 7 years at Oxfam leading campaign initiatives and founded Oxfam’s Future...

Andrew Schwartz is a Senior Advisor at The Common Initiative, working within a collective of experts on biodiversity, climate, human rights, and economic reform. Previously, as Director of Strategic Initiatives at the Center for Earth Ethics, Andrew led efforts to...

Deepa Iyer is the co-founder of Ayeko Farms, an initiative focused on sustainable agriculture and building community resilience through farming practices. She works to promote environmental sustainability and social equity by fostering deeper connections between communities and the land. Deepa...

From Sarah Trent, Khaliun Bayartsogt / Devex: Herders in Mongolia have resorted to cooperative shared funds to keep their pastures afloat, a sign of a slow tilt towards greater collaboration and trust in the area. The shared funds act as...

From Thiago Alves / Brazil Reports: Bolosa Famila, a social welfare program in Brazil aims to help bring Brazilians out of poverty. Paying R$ 600 ($119 USD) per month enables families to cover basic monthly costs such as food. The...

Alana Boone is a Social Policy Officer for the city of Brugge in Belgium, Europe. She works on a local level on policies promoting preventative health, long-term care policies, and age-friendly cities. Alana Boone spoke with Ashley Hopkinson on April...

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.