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:

Sheeza Shah is Founder and Managing Director of UpEffect, a crowdfunding and social impact consultancy shaping a benevolent economy through equitable finance and strategy. Sheeza has spent the past decade in the tech, non-profit, and social enterprise world project managing...

From Sigal Samuel / Vox: An effective way to help those most vulnerable to climate disasters is by providing just-in-time cash transfers right before a disaster hits for them to use as they see fit for resilience and climate change...

Karen Suarez is the Vice President of Collective Impact at the Making Hope Happen Foundation, where she supports Uplift San Bernardino through cross-sector collaboration and collective action. Passionate about diversity, equity, and inclusion, she leverages her experience to strengthen organizational...

Kay Watson is a researcher, producer, and curator working with art and advanced technologies, photography, and video games. She is currently Head of Arts Technologies at Serpentine where she leads the art and technology programme. She is a Trustee of...

Tariq Al-Olaimy is the co-founder of Recipes for Wellbeing, a non-profit dedicated to fostering the wellbeing and resilience of impact organizations worldwide. Through his work at the intersection of the Systemic Sacred, Tariq integrates faith, sustainability, and systemic change to...

From Sarah Krueger / WRAL News: Step Up Durham’s Guaranteed Basic Income Program gives 109 people who were formerly incarcerated $600 a month, no questions asked. The purpose of the monthly payments is to help people who may need extra...

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.