KARACHI: ABHI Microfinance Bank Limited has signed a memorandum of understanding (MoU) with Knowledge Platform (Private) Limited, an education technology company, to explore opportunities for expanding financial access and education-focused services for schools, teachers, parents, and students across Pakistan, a statement said on Wednesday.
The collaboration establishes a framework through which both organisations will work together to design and promote financial solutions tailored to the education ecosystem. These solutions may include education financing options for families, earned wage access facilities for teachers and school staff, and financing support for school owners to upgrade technology infrastructure and operational capacity.
The collaboration will also include outreach initiatives such as awareness campaigns, engagement with schools, and joint marketing activities designed to help educators, parents, and institutions better understand and access available financial solutions. Knowledge Platform will assist by identifying potential partner schools, supporting solution design, and facilitating engagement within the education community.
As part of the initial phase of the collaboration, both organisations plan to conduct a pilot programme with selected school groups in the Islamabad and Rawalpindi region. The pilot will help evaluate product adoption, gather feedback from participating schools and families, and refine service offerings before potential wider rollout.
