About Us

SIKADAN HOMES is an Innovative Rent financing Solution that delivers affordable But decent accommodation for low-income households in Ghana by allowing prospective tenants to rent , stay and pay monthly.


Recent estimates by the World Bank suggest that more than 1 billion people will live in African cities by 2040, more than double the current urban population on the continent. The capacity of Africa’s cities to respond to this challenge, and to turn the demand for affordable housing into an opportunity for stimulating local economic growth and development, is critically dependent on an efficient flow of finance. In Ghana, landlords do not accept monthly payment for rent; tenants have no option than to raise money to settle 1-year or more rent advance.

Access to decent and adequate housing is often considered as a basic human right. The World Bank Group estimates that by 2030, three billion people, or 40 percent of the world’s population will need new housing units. When the annual carrying cost of a home exceeds thirty percent (30%) of household income, then it is considered unaffordable for that household. Low-income households face difficulties in accessing not only affordable housing solutions but also housing of good quality in Ghana. In Ghana both the informal and formal sector supply of housing continues to be inadequate to meet the increasing demand. Moreover, landlords do not accept monthly payment for rent and tenants have no option than to raise huge sums of money to settle 1-year or more rent advance. Since 2010, Ghana has been tagged as experiencing a housing deficit of 1.7 million units. However, present trends show that the probable increase in deficit may not be because of an increase in population but due to the inability of citizens to afford houses.

According to iBAN Sector Study Reports in Ghana published in 2016 by GIZ, housing supply is dominated by informal sector operations and housing sold on the formal real estate market is beyond the financial means of most households, with only about 1% of households able to afford the cheapest houses offered by formal developers.