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 Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

Neil Vora, MD, is the senior advisor for One Health at Conservation International. He has also served for nearly a decade with the US Centers for Disease Control and Prevention (CDC), including as an Epidemic Intelligence Service officer and a...

Gary Belkin is the Director of the Billion Minds Project. Formerly Deputy Health Commissioner for New York City, he founded the Billion Minds Institute to bring policy and practical attention and change for taking on the “social climate” crisis of...

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...

Passionate about transforming how organizations operate, Ted Rau specializes in sociocracy and governance systems that empower collective intelligence and foster meaningful collaboration. As the co-founder of Sociocracy For All and the Governance Lead at Dark Matter Labs, his work focuses...

Natalia Linou (Linos) is a policy specialist at the United Nations Development Programme (UNDP). Her current role as part of UNDP’s HIV, health and development team is focused on the prevention of non-communicable diseases and on developing an emerging area...

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.