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 Lucy Clarke-Billings / Newsweek: The Committee of Diplomacy of Kongreya Star is a women’s organization in Rojava Syria that aims to liberate women in the region by adding women into all sectors of local life including education, the economy,...

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...

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 Frank Ntarindwa / The New Times: ‘Kigali’s “Car Free Day” not only boasts an increase in residents’ activity levels, it also creates a space for more knowledge and service sharing for health conditions including Malaria.’ Screenings for non-communicable diseases...

Mariana is the co-founder of Raízes Sustainable Development. She has a wide experience in management of collaborative projects, sustainable tourism, and dialogue with traditional communities. She enjoys formulating strategies in order to bring collective dreams into reality and has always...

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

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.