LIWWA INC
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Who is our client
Liwwa is a technology-enabled small business lender. The company provides debt financing targeted at Small and Medium Enterprises (“SMEs”) who are too large for microfinance but too small to rely fully on bank finance. It does so by developing proprietary technology to support loan origination, credit assessment, and loan funding, including an online investment platform for retail lenders.
Funding objective
Liwwa has requested FMO to support it in developing its technology roadmap, and to identify the key capabilities that it will need in order to build the business.
Why we fund this project
This project is highly aligned with the Massif priorities to stimulate financial inclusion in the MENA region, as well as the aims of the VC program.
More investments
| Date | Total FMO financing |
|---|---|
| 6/1/2021 | USD 0.50 MLN |
| 6/29/2020 | EUR 0.01 MLN |
| 12/13/2019 | USD 1.50 MLN |
| 8/29/2018 | EUR 0.02 MLN |
| 2/21/2018 | USD 0.50 MLN |
- Website client
- https://www.liwwa.com/
- Region
- Asia
- Country
- Jordan
- Sector
- Financial Institutions
- Signing date
- 7/9/2019
- Total FMO financing
- EUR 0.02 MLN
- Fund
- MASSIF
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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) - B