UAE’s leading financial services provider Reem Finance has launched a unique service ‘Amala’ program, to provide financial assistance for hiring domestic workers.
According to the company, “This is the first personal finance service offered to the public, as Reem Finance has signed agreements with multiple strategic partners to launch the program, marking the beginning for more successful partnerships.”
The program provides easy financing options to pay fees for hiring domestic workers or helpers such as housemaids, drivers, and cooks. Furthermore, the program underlines Reem Finance’s attempts to let consumers recruit domestic workers without having to worry about their finances.
“The program features several benefits, including low-interest rate as low as 1 percent per month, easy installments, quick transfer of funds, simple documentation, and no need for salary transfer,” as per the company.
Mr. Seraj Faidi, General Manager of Reem Finance, said that the program will facilitate domestic worker recruitment procedures by offering several benefits tailored to the abilities of a large segment of citizens and residents.
He emphasized the importance of the company’s collaborations with Tadbeer centers, expecting that the program’s services will be available at Tadbeer’s different offices and branches throughout the UAE. Mr. Faidi further noted that “Reem Finance will launch more new and unique programs in the coming period, with an increased focus on personal financing.”
Reem Finance
Headquartered in Abu Dhabi, Reem Finance is a private joint-stock company that offers financial solutions to facilitate business growth and advance trade capacity for private entities within various sectors. It is licensed by the Central Bank of the UAE. The company provides a solid foundation to support its clients’ business needs.
