Sikamaster is committed to maintaining full compliance with lending laws, and the company takes proactive steps on that. Some aspects of our direct non-deposit taking lending business may require some regulation (even as there are no rate-capping laws in Ghana). Sikamaster Loans will satisfy all regulated areas of our business as and when they are added. Sikamaster Loans is rolling out in phases, and currently at a non-deposit-taking, no upfront fee lending phase that does not require regulation.

Sikamaster currently does not accept deposits and will not accept deposits in the near or foreseeable future. Sikamaster Loans is not providing a regulated service to you, so you will not have access to the Bank of Ghana redress if you wish to complain about our service.


Self Regulation

Sikamaster loans, a non-deposit-taking, no upfront fee is self-regulated, but follow compliance and KYC rules. +Learn more


Investment Advice

Sikamaster Loans is not regulated to provide investment advice to clients.


Tax and Accounting Advice

Sikamaster Loans is not regulated to provide tax and accounting advice to clients.


Tax Compliance

Sikamaster complies with all tax obligations (funding sources and allowable expenses).


Legal Advice

Sikamaster Loans is not regulated to provide legal advice to clients.



Sikamaster Loans does not take deposits. Sikamaster Loans is not licensed to take deposits. Sikamaster Loans has no intentions of taking deposits now or in the near future.

Loan repayments are not deposits.



Sikamaster Loans is not providing a regulated service to you, so you will not have access to any Bank of Ghana Redress Service if you wish to complain about our service - that is if there is/was ever any protection for borrowers borrowing from non-deposit taking lender and when there are no usury laws in the books of The Republic of Ghana.


Future Regulation

The option of being regulated in the near future is to have access to certain vital national databases integral to our business model, operative model and strategic customer acquisition model, and NOT a step to take or mobilise deposits.


Regulatory & Compliance Team Contacts:

Please direct all enquiries to the group's centralised in-house team here.

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.