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:

Karina Viquez is the Program Director of the Certificate in Regenerative Entrepreneurship at the University for International Cooperation (UCI) in Costa Rica. She has over 10 years of experience playing key roles in impact learning, regenerative program design, development project...

From Piper French / Noema: Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the...

Tara Campbell (she/her) is a designer specializing in change-enabling collaborative processes. In her role at the David Suzuki Foundation, she is working alongside a national network of organizations, alliances, and individuals to accelerate the transition to economies that prioritize wellbeing...

Avriel Diaz co-founded and serves as the president of Walking Palms Global Health, an organization focused on building community resilience amidst climate and environmental disasters. She has dedicated years to forming international transdisciplinary partnerships aimed at enhancing community resilience in...

Kumi Naidoo is a prominent South African human rights and environmental justice activist. Naidoo spoke with Ashley Hopkinson on December 15, 2023. Click here to read the full conversation with insights highlighted. Ashley Hopkinson: Can you introduce yourself and tell...

Sean is the Chief Executive Officer of the Mountain Hazelnut Venture Private Limited in Bhutan. With innovative financing, Mountain Hazelnuts partners and innovates with smallholder farming households and community groups throughout Bhutan to generate long-term income, revitalize vulnerable communities, and...

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.