What is a cup loan program?

A cup loan program is a lending initiative in which individuals can borrow reusable cups for a small fee, usually in exchange for a deposit or as part of a subscription service. This program is often aimed at reducing single-use plastic waste and encouraging the use of more sustainable alternatives.

Customers typically pay for their drink and a small fee to borrow the cup, which can be returned to a designated drop-off point or a participating vendor in exchange for a refund of the deposit. The cups are then cleaned and sanitized for reuse, helping to minimize the environmental impact of disposable cups.

Cup loan programs have been implemented in various cities and events around the world as a way to promote sustainable practices and reduce waste. They can be a cost-effective and convenient solution for businesses and consumers looking to reduce their carbon footprint and contribute to a more sustainable future.