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.
From Meaghan Tobin and Márvio Dos Anjos / Rest of World: Mumbuca is a digital currency used in Maricà’s basic income program. Residents, with few eligibility requirements, can qualify for a monthly stipend to purchase goods and services using a...
From Sunil Jain / The Financial Express: SEWA-INBI pilots a basic universal income program for two villages in Madhya Pradesh. These funds enabled residents to pay for facilities and electricity in their homes, buy better cooking fuel, increase the weight...
From Cinnamon Janzer / Yes! Magazine: Occupy Wall Street ignited today’s debt cancellation movement. Groups like the Debt Collective are winning victories, canceling predatory student debt and pushing systemic reforms like tuition-free college. Though incremental, these changes are rewriting policy...
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...
From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of...
From Jon Marcus / The Hechinger Report: As their workforces age, states across the United States are offering student loan repayment to incentivize college graduates to stick around. Now Maine and Vermont are the first to offer it to those...
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.