Repaying Your Loan

If you receive a loan from Sikamaster then you are expected to repay the loan on the due date. Should you not be in a position to do so then you would need to notify our customer service team who would offer you the most flexible repayment options reasonably possible. Should there be no contact made and no payments received then we'll take steps to recover the debt.


Payment Methods

You can repay your loan via multiple payment methods, including

• Bank Transfers (deductions or standing orders, etc)

• Mobile Money Payments

• Digital Money

• Cryptocurrencies


• Post-dated Cheques (to be phased out soon)


Salaried Workers (Your Social Security Number)

Inasmuch as there is no automatic link to any collateral for our unsecured loans, we can still get a charging order on your home or any identified collateral or even pensions, if our unsecured loans remain unpaid. This effectively means we have a call on any money from the sale of your house or maturity of your pensions.


Collateral Repossession

You risk loosing any collateral you used as security for any loan you apply from us, if you do not keep up with repayments on your loans.


Zero Tolerance for Non-Performing Loans (NPLs)

Kindly take note: We always recover all loans provided, no matter how long it takes. Any legal and/or admin costs spent in recovering any unpaid loans are added to your indebtedness to us plus interest and fully paid for.


Loan Recoveries

.We provide a plethora of payment methods for all our loans. learn more.


Repayment Assistance Programme

.. learn more.



Useful info

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart and responsible direct lender for the working class and modern and/or scalable small, medium & large businesses, including startups.

SML is not; a microfinance institution, and neither a savings & loans company or a Specialised Deposit-taking Institution (SDI) of any form, kind or type. SML does not seek and/or accept outside capital.

Rolling out a secured, safer, convenient, revolutionary automated self-care, ethical, no upfront fee, direct lending platform in phases (three phases remaining).

Fully compliant with AML and KYC regulations.

We're Social


Ghana's 24/7 Direct Financing Hub

Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
Please read Terms & Conditions, Cookies Policy, Privacy Policy, Data Retention Policy, & Modern Slavery Policy before using this website or our service.
All loans are subject to affordability, applicant verification, traditional credit checks and TDG Scoring via various national databases in accordance with Sikamaster''s responsible lending policy. If you're not sure whether Sikamaster Loans lending is right for you, please seek independent financial advice, and if you decide to borrow from us, please read our How We Operate before you proceed.