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:

Romain Sepehr Vakilitabar is the founder of Pathos Labs, a non-profit laboratory focused on exploring ways in which entertainment and media can rewrite harmful narratives and change culture. One such project is PopShift, an initiative that convenes Hollywood’s leading TV...

From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...

Gopal Patel is the co-founder and director of Bhumi Global, a non-profit mobilizing Hindu communities worldwide for environmental action. Over the last decade, he has advised global interfaith and environmental initiatives, working to include faith voices in local and international...

Gary Cohen is co-founder and president of Health Care Without Harm, an organization that works on environmentally sustainable healthcare and was created in 1996 to help transform the health care sector support the health and climate resilience of the communities...

Jack Henderson is a digital democracy researcher with RadicalxChange Foundation, the ERC’s BlockchainGov project, and the Coalition Of Automated Legal Applications. He holds a degree in economics from Princeton University. Jack Henderson spoke with Ashley Hopkinson on February 21, 2024....

Michael Sani is the founder of Play Verto, a platform that leverages play and gamification to transform traditional research and foster a sense of belonging among its players. With over 12 years of experience in strategizing and co-creating initiatives for...

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.