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:

Arbind Singh is a social entrepreneur and activist working with informal workers and their children in India. He founded Nidan in 1996 which along with various offshoots today works with more than 10,00,000 informal workers for better laws and polices,...

From Emma Peaslee / NPR: A guaranteed income pilot program in Stockton, California, resulted in improved mental health and even increased full-time employment rates. The extra cash gave recipients who were struggling with poverty the mental and financial bandwidth to...

Demond Drummer is the Director of Strategy at the Institute on Race, Power and Political Economy at the New School. A leading proponent of a Green New Deal, Demond has introduced bold new ideas and shifted public discourse, advocating for...

From Cinnamon Janzer / Yes! Magazine: Occupy Wall Street ignited today’s debt cancellation movement. Groups like the Debt Collective are winning victories, canceling predatory student debt and pushing systemic reforms like tuition-free college. Though incremental, these changes are rewriting policy...

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...

Luis Camargo is the Founder and Director of the Organization for Environmental Education and Protection (OpEPA). OpEPA is a non-profit organization that holds registrations in both Colombia and the USA and is dedicated to promoting nature-based and regenerative education, heritage...

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.