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:

Vitor Del Ray is the Principal of Instituto GUETTO, an organization he founded to combat structural and institutional racism by empowering Black, Brown, and Indigenous individuals for the workforce and promoting social mobility. Through initiatives like Mapa Preto da Educação...

Sarah M. Baird is an advocate for sustainable energy solutions as a means to reduce global energy poverty and mitigate climate change. As the founder and Executive Director of Let There Be Light International (LTBLI), she partners with local community...

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

...

From Lee Suh-yoon / The Korea Times: The Youth Allowance Program in Seoul gives lower to middle-class residents (aged 19 to 34) a monthly stipend of 500,000 won ($418) for up to six months to ease the financial burden of...

From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the...

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...

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.