Logo Image
57%
18 January 2020

SIKADAN MICROCREDIT SERVICES  by  JUSTICE OFFEI

A digital platform that delivers decent, safe and affordable accommodation for low-income households including slum dwellers in Ghana.

In a few words

SIKADAN Microcredit Services is a socio-economic intervention service provider established as a Microcredit to offer tailor-made financial solution targeting low-income populations in Ghana. It is a Startup poised to becoming the most reliable FINTECH firm in the space of lending in Ghana. Conceptualized in 2014, the team has taken intrepid strides through a well thought out process to ensure that its mandate and business model are beneficial to the Ghanaian informal market whiles helping to achieve the SDG Goal of poverty reduction and the World Bank Financial Inclusion in compliance with the laws of the Republic of Ghana. It was registered in 2014 but started active operation in 2016. With a starting capital of $5000, we have grown from 1 Participating client to over 300 Participating customers now.

Basic information

Stage of business Established / Scaling
Countries of business Ghana
Industry Other credit granting
Other accommodation
Social impact Housing, Job creation, Poverty reduction and Social inclusion
Environmental impact Environemental health

The Team

Role of the entrepreneur Developing financial solutions
Expertise of the entrepreneur -Manages the day to day strategic planing of the firm -Develop innovation to monopolize market -Submit prudential report to stakeholders -Approve processed loans