Repayment Assistance Programme

Sometimes in life, certain events or situations can cause even the best financial planners to encounter difficulties with meeting monthly household expenses, including loan payments and creditor obligations. The loss of a job or some other factor that decreases your income can quickly lead to trouble in paying your loan. We know that these situations can cause stress and anxiety for you and your loved ones.

There is no fee required for this programme. We work together with clients to identify alternative repayment solutions that they may be eligible for to help them through difficult financial times and to allow them to resume normal daily/ weekly/ monthly payments.


Eligibility, where applicable

Include, but not limited to:

• That you borrowed from us

• You are facing a short-term hardship

• You are behind on your loan payments

• You spent minimum of 95% of loan funds on purpose we were told in your application (with evidence to show)

• Mandatory signup for our 8 - 12 weeks Financial Literacy Class



Available Options

Include, but not limited to:


Partial Repayments

Part payment is always better than nothing at all.


Repayment (or Payment) Holidays

Suspension of repayments over a period is another viable option we explore. If a borrower loses his/her job, we can temporarily pause loan payments up to 6 months, and also provide help in a job search via GBT Jobs. Forbearance can be extended for up to 12 months or beyond, subject to terms and conditions.



Loan restructuring

Subject to thorough assessment, a borrower's loan may be restructured to allow for flexible repayment.



Business Restructuring

In some instances, the business borrower may be required to downsize, as a condition for loan repayment assistance agreement



Debt - Equity Swap

For business borrowers who may have difficulty with repaying settling their indebtedness with us, we may agree on swapping the debt for a stake in their business, subject to terms, conditions and assessments.



• Business Sell Ups

For borrowers who may have difficulty with repaying us and are open to selling their business outright, we can assist with such path via GHStartups or Investing in Ghana (iiGhana).



Disqualified Loan Repayment Assistance

If you use less than 95% of disbursed loan funds for the purpose(s) you stated in your loan application online form, you obviously do not qualify for this repayment assistance programme. If you have failed to demonstrate that you qualify for a loan repayment assistance, we proceed with the full loan and accrued interest recovery.


Note: This Loan Repayment Assistance Programme is not applicable to Equity Financing.

Quick Notice

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart & responsible direct lender for the working class (we don't lend to the unemployed). 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. SML does not charge any upfront fees before lending. The Bank of Ghana (BoG) does not regulate some forms of no upfront fee non-deposit taking financial services, buy to lets, seller financing, commercial mortgages, secured loans, unsecured loans, earned wage access schemes, buy now pay later products, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

Rolling out a secured, safer, convenient, revolutionary automated self-care, ethical, no upfront fee, non-deposit taking direct lending platform in phases (three phases remaining).The information contained within this website is subject to Ghana regulatory regime and is therefore targeted at customers based in Ghana. Fully compliant with non-offer of regulated products, AML and KYC regulations.

All Business Loans have been moved to (a sister company). provides loans to all kinds of businesses, be it large or small and not necessarily startups alone. All Rent Loans have also been moved to and All Construction Loans have been moved to Build Now Pay Later. All Auto Loans have been moved to Glostar Motors.

All Buy Now Pay Later (BNPL) Loans (incl interest-free and interest-bearing) have been moved to DCANS Pay (a sister company).

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