How does liwwa work?

Small businesses in the region - like anywhere - need access to capital to grow. Meanwhile many investors aim to realize a regular monthly return on their investments. We pioneered our peer-to-peer model to address the borrower's demand for capital as well as the investor's demand for portfolio diversification and strong returns.

How it works for Borrowers

Reema wants to grow her artisanal soap business by acquiring a new van to transport the soap to retail stores around Jordan. She approached banks to help her finance the acquisition, but they either rejected her application, offered her loans with very high interest rates, or took too long to respond to her.

Reema decided to register on as a Borrower and within 24-48 hours of submitting her complete application, she received the approval of the credit committee. The liwwa team then launched Reema’s funding campaign on

Within 2 weeks, Reema’s campaign was successfully funded.

She received the van and began operating it. Reema issued monthly payments to her investors through the liwwa platform over the loan term period (12 months in this case), and liwwa assessed a 2% service fee on each payment.

Upon the completion of payment, ownership of the van was turned over to Reema, thus completing the peer-to-peer lending process.

How it works for Lenders

Mohammed has inactive funds that he usually places in his deposit account at the bank. Those funds only earn him around 3% in interest annually. Seeking to invest his savings for higher yields, Mohammed registered on as an Investor.

Mohammed, deciding to diversify his liwwa portfolio, invested his funds in 4 different campaigns, representing 4 different small and medium-sized enterprises (SMEs). Mohammed chose these 4 campaigns based on his risk appetite, taking into consideration the risk of default linked to the credit score assigned to each campaign. Mohammed understands the investment risks associated with these campaigns and understands he may lose some or all of his investments in case of default.

Each campaign had a specific rate of return, which determines the amount of each monthly installment that Mohammed collects. In 2015, liwwa had an average IRR of %15.25.

After the campaigns were completely funded, Mohammed received monthly installments over the durations of the loans (with a 5 day grace period).