Project detail - LIWWA INC

LIWWA INC

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Who is our client

Liwwa is a crowdfunding platform based in Jordan that supports MSMEs

Funding objective

Liwwa Inc. (liwwa) is a FinTech start-up that operates a crowdfunding platform to provide trade finance to un(der)served small businesses. Liwwa started operations in March 2015 and targets MSMEs in Jordan. These MSMEs benefit from an online loan application process and marketplace function, while retail investors can crowdfund ‘campaigns’ based on the credit assessment, loan structuring and pricing determined by Liwwa.

Why we fund this project

This project has three objectives that will collectively strengthen the operations of liwwa: i) improving liwwa’s KYC and AML function, ii) Legal framework assessment and iii) assessing liwwa’s lending activities against CPP standards and provide recommendations for improvements.

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Website client
https://www.liwwa.com/
Region
Asia
Country
Jordan
Sector
Financial Institutions
Signing date
8/29/2018
Total FMO financing
EUR 0.02 MLN
Fund
MASSIF
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
C