Stima Sacco DT is a licensed Deposit Taking Sacco established in 1974 with the sole objective of uplifting the members’ social economic well-being. In April 2003 the Sacco responded to members banking needs by introducing the Front Office Service Activity (FOSA) to offer banking services to its members. To date the Sacco has nine branches in Nairobi(Parklands), Mombasa, Kisumu, Nakuru, Olkaria,Eldoret, Nairobi CBD, Embu and Kawi Centre (South C) Stima Sacco Credit Products, interest rates, and requirements
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List of Stima Sacco Credit Products
Long Term Personal loan Products
NORMAL LOAN 1&2
- Interest rate: 12% for both.
- Max Loan Amount:3X & 2X members Alpha deposits respectively.
- Repayment Up to 48 & 60 months
SUPER LOAN
- Interest rate: 14%
- Max Loan Amount:4X members Alpha deposits
- Repayment Up to 60mths
MWANGAZA LOANS 1&2
- Interest rate: 14% and 18% respectivly
- Max Loan Amount:3 Million
- Repayment48 and 60 months respectively
- Minimum deposit contribution:10000 pm
PREMIUM LOAN
- Interest rate: 14%
- Minimum deposit Amount:Ksh 1M
- Repayment Up to 72mths
VUKA LOAN
- Interest rate: 16%
- Max Loan Amount:Kshs 5M
- Repayment: Up to 72mths
- Minimum deposit contribution:Kshs.7500
FLEX LOAN 1&2
- Interest rate: 16% & 18.5% respectively
- Max Loan Amount:Ksh 1M
- Repayment: Up tO 24 & 36 months
SOSA LOAN
- Interest rate: 15%
- Max Loan Amount:4X members Alpha deposits
- Repayment Up to 15mths
Short Term Personal loan Products
PRIME ADVANCE LOAN
- Interest rate: 18%
- Max Loan Amount:Ksh 200,000
- Repayment Up to 12mths
EMERGENCY SCHOOL FEES LOAN
- Interest rate: 12%
- Max Loan Amount:3X members Alpha deposits
- Repayment Up to 12mths
MSINGI BORA SCHOOL FEES LOAN
- Interest rate: 10%
- Max Loan Amount:Up to 75% of Msingi Bora deposits
- Repayment Up to 12 months
SALARY ADVANCE LOAN
- Interest rate: 5%pm
- Max Loan Amount:Kshs 100,000
- Repayment Up to 1mths
MAKEOVER LOAN
- Interest rate: 5%pm
- Max Loan Amount:Kshs 100,000
- Repayment Up to 1mths
Business, Groups & loan Products
WORKING CAPITAL LOAN
- Interest rate: 16.2%
- Max Loan Amount:3X members Alpha deposits
- Repayment Up to 36Mths
ASSET FINANCE SCHOOL LOAN
- Interest rate: 16.2%
- Max Loan Amount:3X members Alpha deposits(10M)
- Repayment Up to 36mths
LPO LOAN
- Interest rate: 18%
- Max Loan Amount:3X members Alpha deposits(70% of Quotation value
- Repayment Not exceeding 90 days
INVOICE DISCOUNTING LOAN
- Interest rate: 18%
- Max Loan Amount:3X members Alpha deposits(80% of invoice value)
- Repayment Not exceeding 90 days
INVESTOR LOAN
- Interest rate: FDR plus 3%
- Max Loan Amount:Upto 90% of the fixed deposit
- Repayment Same as FDR period
PLOT FINANCING LOAN
- Interest rate: 9.6%
- Max Loan Amount:3X members Alpha deposits
- Repayment Upto 24 months
MAKAZI POA LOANS
- Interest rate: 16-18%
- Max Loan Amount:7.5M
- Repayment Upto 18-144 months
MPAWA LOAN
- Interest rate: 4-7%
- Max Loan Amount:Kshs 200,000
- Repayment Upto 6 months
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