Project detail - LIWWA INC

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.

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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
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