Loans

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

 

We currently provide three(3) main types of individual loans on this platform: Salary Advance, Personal Loans and Loyal Repeat Customer Loans.

Feature
 Loan Amount
Repayment Period
 Interest Rate
 Upfront Fees
Prior Savings / Deposit
 Processing Fee
Requirements
 Up to 100% of your monthly net
Up to 30 days or Next Payday
 Up to 10% (0% for qualified existing customers)
 No
No
 10% deducted from approved loan to be disbursed
Must be a salaried worker (public or private)
 Up to 25 times your monthly net
Up to 60 months (5 yrs)
 Up to 20% p.a.
 No
No
  7% deducted from approved loan to be disbursed
Must be a salaried worker (public or private)
Up to GHs2,000
Up to 3 months
 Up to 7% per month
No
No
5% deducted from approved loan to be disbursed
Must be an existing customer of our vendor partners: Reiny's Ghana, PC24 Store Ghana, etc.

 

 

 

 

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 schemes, buy now pay later products, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

All Business Loans have been moved to GHStartups.com (a sister company). GHStartups.com 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 RentNowPayLater.net and RentToBuyGhana.com. 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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