Closing our investor platform

After operating for seven years, we have made the decision to close the liwwa Marketplace to new retail investment. We are proud to have established one of the first peer-to-peer platforms in the Middle East, and our dedicated base of retail investors has contributed $12.6m in financing to small businesses since liwwa's inception. This has supported the creation of over 10k jobs and generated $34m in income for small business owners and employees. Our retail investors have also enjoyed access to an otherwise unavailable asset class, portfolio diversification, and annualized returns over 13%. As our lending operations have grown to meet the high demand for credit among small businesses, the growth of liwwa's lending has outpaced the growth of the liwwa Marketplace. Today, we finance over 85% of our portfolio through local banks and international partners, thanks to our underwriting model and access to better terms and financing options.

Closing the Marketplace allows us to sharpen our focus on supporting small businesses in the most effective way possible. In the current market and regulatory environment, we are making this change and other enhancements to our unit economics to ensure strong, sustainable growth. We also see opportunities to create value for small businesses through further innovation in our underwriting platform and enhanced integrations with partners. In short, the decision we have taken reflects our unwavering commitment to our mission of creating job and income growth by better serving our customers - small businesses that can thrive and contribute to economic growth with access to the right financing options.

As liwwa will continue operating in the future following the closure of the investment platform, there will be no discernable impact on your investments on the liwwa platform, other than it will not be possible to invest in new loans or deposit additional funds after July 1st 2023.

Furthermore, liwwa will continue to service these loans and pursue collections efforts as needed until all remaining loans are repaid or written off in accordance with liwwa's Collection and Recovery policy.

For futher information please click on FAQ. Alternatively, please feel free to reach out to our investor relations team at [email protected]

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For Borrowers: +962 79 870 4070

For Investors: +962 79 870 4070

Office Hours: 9:30am - 4:30pm
Sunday - Thursday

257 Prince Mohammed Street,

Mezzanine Floor, Office #2, 3rd Circle

Amman, Jordan

* The historical return range is based on the annualized Internal Rate of Return (IRR) of liwwa investors' actual portfolios, taking into account late payments, defaults, write-offs, recoveries and service fees for all loans originated since 2013. The range represents the 15th to 85th percentile of returns for investors whose accounts have been open for at least 12 months. Individual results may vary. Historical performance is no guarantee of future returns, and the historical return range is not intended as investment advice or as a guarantee of the performance of investment opportunities.

Important Note: liwwa, Inc. does not guarantee investors a return and all investments carry risk, learn more about the investment risks. All transactions enabled through liwwa.com are subject to Terms of Service and the Investor Agreement.

If at any point in the future, liwwa ceases to exist as a company, becomes insolvent, or faces any other distribution event, investors may experience delays in repayment of loans they have invested in. In this unlikely event, investors may lose a portion of or all of their invested funds.