How To Get Instant Loan From ¢200 to ¢5000 from SikaPurse

SikaPurse instant loan:

How to apply for a loan of Ghs 2000 to Ghs5000 with SikaPurse loan App.

For instance, if you apply for a loan of Gh¢ 5,000, the term is 90 days and the annual interest rate is 10%. So the daily interest rate=10%/365=0.027%, the interest for 90 days =5,000×10%/365×90= 123, the total repayment=5,000+123= Gh¢ 5,123.

This is how a Loan from SikaPurse looks like, just put in the amount you will want to apply for and the total amount you have to pay back at the due period.

Therefore in this article we will explore the steps involve when you are applying, their loan terms, eligibility requirements, contact info and interest rates. Stay tuned and read to end.

What is Sikapurse?

SikaPurse is an Instant Mobile Loan App in Ghana that offers flexible Loan Products to the individuals who are looking for loan for a business or etc.

Who Is Eligible For SikaPurse Loan?

After knowing what SikaPurse is about, the question we normally ask is who qualifies for a loan?

The Eligibility of the SikaPurse Loan Application are:

  • The Applicant Must be a Ghana Resident
  • The Applicant Must be at the age of 22-55 years old
  • The Applicant Must State His/Her Monthly Income Source.

What Makes SikaPurse Loan Better than Its Competitors?

You might have heard of lots of Mobile Loan apps in Ghana, So, You may be wondering why you should choose SikaPurse Loan Over the Others.

Below are the reason why you should Choose SikaPurse;

  • They Have No Hidden Charges
  • You can get a loan of up to Gh¢ 5,000
  • You Can/Will Choose your payment Tenure
  • They Are Available 24/7
  • They Are Secure, Reliable and Flexible
  • They Provide Credit Decision.

How much loan Amount does SikaPurse give?

SikaPurse offers an instant loan amount of Ghs2000 minimum and a maximum amount of Ghc5000 to those who are in need for them to be able to implement their business ideas that they have.

SikaPurse loan Terms

SikaPurse loan applicants is supposed to pay back their loan within the period of 90 to 180 days.

What is the Interest Rate?

The interest rate for SikaPurse loan starts from 8% to 25% per annum.

How To Apply for Sikapurse Loan?

Now that almost all the questions buzzing your mind are answered, let’s tackle the loan application aspect!


To Apply for the SikaPurse Loan, You will need to download their mobile App from Google Play store (click here to Download) 

Or you can also get it here ( sikapurse app)


After the app is successfully installed, Lunch/Open it.

SikaPurse Sign up

SikaPurse sign up

As shown in the Screenshot Above, Fill in the space provided, Tick “I agree to the Privacy Policy” and Click on Submit.

Ps: When you type your phone number, you shall receive a One-time code, use that in the “Enter the OTP” Space.


After a Successful creation of the SikaPurse Account, you should see a Page similar to the one above. Click on “GO”. Let’s begin the Actual loan process

SikaPurse loan get an instant loan in Ghana

Personal Information

It is required you take a picture of your ID card. i.e. VOTER’S ID(Old Or New). As illustrated in the below image, click on the Camera to capture your ID.

NB: Make Sure the Photo is clear and complete, you can’t modify it once you click on NEXT!

SikaPurse loan ID card

Now, Type/select Your:-

  • Name (First Name, Last Name and Middle Name – If You have)
  • VOTER’S ID number
  • Select Your Gender
  • What is Your Date Of Birth? Select that Here

Please do check all information is accurate before you click on NEXT!

Company Details

• On this page, Provide your company’s name or your place of work

• Enter your company’s mobile phone number, in my case, I used my own number.

• Where is your company situated, or where do you reside? Select that Here


Under the Emergency Contacts, select two people as references. Don’t worry, they will not call them. SikaPurse will only call these people when you can’t pay back your loan.

Bank information

We are almost at the end of the tunnel(That’s if the steps above seem like a difficult task to you), Provide the Bank details you want your loan money disturbed into.

  • Bank Name
  • Branch Name
  • Bank Acount Number

And finally, your

  • Email Address.

Now hit on the SAVE button and follow the prompt

To conclude, I hope all your unanswered questions about SikaPurse loan App has been answered. Kindly visit our Homepage we have alot of interesting stuff for you.

Thank you!!!!

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