Stima DT Sacco, established in 1974, is one of Kenya’s largest deposit-taking Saccos with an asset base of Kshs 53.78 billion. Initially formed to serve employees of the East African Power & Lighting Company, the Sacco now caters to individuals, businesses, groups, and corporate entities from diverse sectors.
Membership Eligibility
Membership is open to:
- Individuals in employment from all sectors.
- Business persons.
- Groups and chamas.
- Corporate entities.
Membership Requirements
1. Individual Membership
- Complete the membership application form.
- Attach a copy of National ID/Passport.
- Provide a recent passport-size photograph.
- Copy of KRA PIN certificate.
- Pay a registration fee of Kshs 500.
- Contribute a share capital of Kshs 25,000.
- Commit to a minimum monthly saving of Kshs 1,000.
2. Joint Membership
- Complete the membership application form.
- Attach copies of National ID/Passport for both applicants.
- Provide coloured passport-size photographs for both applicants.
- Copy of KRA PIN certificate.
- Pay a registration fee of Kshs 500.
- Contribute a share capital of Kshs 25,000.
3. Group Membership (Chamas & Self-Help Groups)
- Complete the corporate membership application form.
- Attach a photocopy of the registration certificate.
- Provide minutes of the group’s meeting resolving to join Stima Sacco.
- Constitution of the group.
- Copies of ID cards, KRA PIN certificates, and photos of authorised signatories.
- List of group members.
- Pay a registration fee of Kshs 500.
- Contribute a share capital of Kshs 25,000.
- Commit to a minimum monthly saving of Kshs 5,000.
4. Corporate Membership
- Complete the corporate membership application form.
- Attach a director’s resolution to open the account.
- Provide a copy of the certificate of incorporation.
- Attach copies of ID/Passports of signatories.
- Provide a copy of the Memorandum and Articles of Association.
- Copy of KRA PIN certificate.
- Pay a registration fee of Kshs 500.
- Contribute a share capital of Kshs 50,000.
- Commit to a minimum monthly saving of Kshs 10,000.
Stima Sacco Products
a) Credit Products
- Personal Loans:
- Normal loan, Super loan, Salary advance, Makeover loan.
- Business Loans:
- Local purchase order financing, Invoice discounting.
- Specialized Loans:
- Asset finance, School fees loan, Plot financing loan, Makaazi poa loan, Msingi bora loan.
b) Savings Products
Non-withdrawable Accounts:
- Shares capital account, Alpha deposit savings account.
Withdrawable Accounts:
- Twiga savings account, Junior star, Msingi bora.
Term Deposit Accounts:
- Call deposit account, Fixed deposit account, Golden savings account.
Stima Sacco Contacts
- Head Office:
Stima Sacco Plaza, Mushembi Road, Parklands, Nairobi. - Contacts:
- 0703 024 000
- 0703 024 001