Rate Policy

The minimum lending rate for ALL our loans is 1.25% per month or 15.00% per annum (excluding fees).



It would obviously not make sense to lend below our 15% p.a. minimum annual lending rate floor, when the average of selected 'risk-free' assets basket yield minimum of 15%, that involves basically no work done or lifting a finger.


Investment / Asset Vehicle
MTN Y'ello Save
91-day Treasury Bill
182-day Treasury Bill
364-day Treasury Bill (recently replaced 1-Year Note)
MTN My Own Pension (MOP)
Annual Guaranteed Rate of Return
12.00% p.a. (recently reduced to 8.00% p.a.)
14.7150% (approx.)
15.1501% (approx.)
18.1898% (approx.)
1-Year Note + 2%

Our 'risk-free' 1% interest rate per day  (30% return per month) ecash service to selected qualified mobile money vendors was deliberately left out of the table above for obvious and good reasons.


In the light of the above table, it will obviously not make financial and/or economic sense to fund a standalone loan with an interest rate at/below the average annual return of 15.224% (15%) p.a.

Regulatory Compliance


Sikamaster (SML), 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 or workplace loan schemes, buy now pay later products, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

Our loans are strictly for existing customers of The TDG Ecosystem (including employees of existing business customers of GhanaStartups.org, existing tenants of RentNowPayLater.net and all Private-Sector Salaried Workers recruited via TDG Jobs Ghana platform). Our Home Mortgages can only be used to buy from or through DCANS Properties.

All Business Loans have been moved to GhanaStartups.org (a sister company). GhanaStartups.org provides loans to all kinds of businesses, be it large or small and not necessarily startups alone. 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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