Impact
Impacting Migrant Lives
Helping the migrant population attain control and self-sufficiency
The migrant work industry faces extraordinary financial challenges, driven by low wages, unstable job markets, and often exploitative working conditions. Migrant workers are frequently forced to take on high-interest loans to cover recruitment fees, living costs, or to support families back home, trapping them in cycles of debt. Limited access to formal banking, financial education, and digital tools makes it difficult for them to save, invest, or manage their finances effectively. These workers also lack social safety nets and are vulnerable to economic downturns, currency fluctuations, and job loss, which can exacerbate their financial instability.
Providing Financial Stability
Amanat provides migrant workers with financial stability by equipping them with financial support systems.
Employing Women
Amanat's employment of women in fintech empowers them with valuable skills and income, promoting gender equality and financial independence.
Creating Jobs
By generating sustainable jobs, Amanat helps reduce poverty, supports community development, and contributes to long-term financial resilience.
Reducing Poverty
Amanat provides access to formal banking, financial education, and digital tools making it easier for them to save, invest, or manage their finances effectively
Contributing to UN-SDG Goals
Amanat’s efforts align with Bahrain’s UN Sustainable Development Goals (SDGs), supporting economic growth and improving the financial well-being of migrant workers.