Textile giant Gul Ahmed is joining hands with ABHI, Pakistan’s first financial wellness platform, to offer its employees the facility of Earned Wage Access.
ABHI strives to provide financial wellness services to all employees in Pakistan, giving them the ability and freedom to access their earned but unpaid salaries and avoid financial distress in times of crisis. A massive player in textiles, with around 24,000 employees across the country, Gul Ahmed is partnering with this revolutionary new venture, as employees’ financial wellness is pertinent to the company. This partnership is meant to speed up innovation in the garment industry of Pakistan by financially empowering one of the leading players in the textile industry.
Speaking at the occasion, Omair Ansari – CEO & Co-founder of ABHI, explained that “In order to live a happier, healthier, and more productive life, you need to be stress-free about finances. which is the core of ABHI’s existence. Our partnership with Gul Ahmed to offer Earned Wage Access will financially empower employed individuals and enable us to create a more productive Pakistan.”
Speaking on occasion, Wasif Sattar, Director HR – Gul Ahmed said, “We work on Employee Wellness Program and it goes beyond physical health; ABHI helps us in our vision of wellness through financial wellbeing. The convenience and peace of getting your salary at any point in time is simply great. On-demand, on-the-go, and without asking!”
About ABHI
- Founded in 2021, Abhi is Pakistan’s first financial wellness platform that lets you access your salary daily via app or SMS. Users can withdraw the accessible amount of their accrued salary instantaneously to any bank account or wallet.
- By helping employers to provide the option of advance salaries for employees, Abhi has helped reduce workloads on HR and finance departments, whilst facilitating their employees’ cash needs.
About Gul Ahmed
- The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900s but entered the field of manufacturing with the establishment of today’s iconic name of Gul Ahmed Textile Mills Ltd in the year 1953. Since its listing on the Karachi Stock Exchange in 1970, the company has been making rapid progress and enjoying a leading position in the world of textiles.
