Qualifying Criteria - Individuals

What are the minimum qualifications for a loan?


You could qualify for a loan from us if you meet the following criteria:

✓ You must have a TIN. (may be waived for qualified non-resident existing customers within the TDG Ecosystem)

✓ You are at least 21 years old and a Ghana Resident. Non-Residents see here.

✓ You have a minimum gross annual income of GHs6,000. Proof of Income Required

✓ You have a steady employment history and are not unemployed

✓ Must be registered for both Tier I & II Pension Schemes in Ghana (may be waived for qualified non-resident existing customers within the TDG Ecosystem)

✓ You have an established salary bank account (current) with direct deposit of income into that account, a cheque book and provide your recent account history electronically via our client area at the time of application

✓ You have an established credit history (based on our minimum standard credit criteria)

✓ You have the ability to make weekly or monthly payments in order to pay off your loan


Meeting the minimum qualifications does not guarantee you will be approved. Every application is assessed individually.



Useful Links

• Application Documents

• Supporting Documents

• Credit Checks

• How to Apply

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.