KARACHI: ABHI Microfinance Bank has entered into a strategic partnership with Saif Group to introduce its Earned Wage Access (EWA) solution for the Group’s workforce. The collaboration marks another step towards advancing workplace financial wellness by enabling employees to access a portion of their earned wages before payday through a secure and innovative digital platform.
The agreement was signed by Ms. Mariam Pervaiz, Chief Commercial Officer, ABHI Microfinance Bank, and Mr. Abid Hussain, Executive Director Finance & Operations, Saif Textile Mills Ltd. The signing ceremony was attended by Mr. Kabeer Naqvi, Entrepreneur in Residence- ABHI, and Mr. Asad Saifullah Khan, CEO, Saif Textile Mills Ltd. and Kohat Textile Mills Ltd., along with senior representatives from both organizations, reflecting a shared commitment to empowering employees through innovative financial solutions.
Through this collaboration, employees of Saif Group will have real-time access to a portion of their earned salary before their scheduled payday, providing greater financial flexibility while helping them manage planned and unexpected expenses with ease. By offering timely access to earned wages, the partnership aims to strengthen employees’ financial well-being, improve financial resilience, and promote greater financial inclusion through technology-driven solutions.
Earned Wage Access (EWA) is transforming the way employees access their income by providing a responsible and convenient alternative to traditional borrowing. By allowing employees to access wages they have already earned, the solution supports better financial planning and contributes to a healthier, more financially secure workforce.
This partnership reflects the shared vision of ABHI Microfinance Bank and Saif Group to leverage innovation in addressing the evolving financial needs of employees while fostering a culture of financial empowerment and inclusion.
