Strategic DT Sacco Membership Eligibility & Requirements

Strategic DT Sacco was established in May 2007, initially to serve the employees of Strategic Industries Limited. Since its inception, the Sacco has expanded its membership to include a broader spectrum of the business community. The primary aim of Strategic DT Sacco is to pool savings from members and offer loans at affordable interest rates.

Membership Eligibility

Membership at Strategic DT Sacco is open to all individuals from various market segments who are at least 18 years old.

Membership Requirements

To become a member of Strategic DT Sacco, prospective members must meet the following criteria:

1. Complete a membership application form available on the Sacco’s website.
2. Pay a registration fee of Kshs 1,000.
3. Provide a copy of their ID and KRA PIN.
4. Make a minimum monthly contribution of Kshs 1,500.
5. Maintain a minimum shareholding of Kshs 10,000.

Strategic DT Sacco Products

Strategic DT Sacco offers a range of products, including savings and credit products, tailored to meet the financial needs of its members.

Savings Products

1. Sacco Junior Account
   • Minimum monthly saving: Kshs 200.
   • Withdrawals: Once per year (earlier withdrawals permitted at a fee of Kshs 500 per transaction).
   • Minimum interest earning balance: Kshs 3,000.
   • No monthly charges.
   • Children receive birthday wishes annually.
2. Holiday Saving
   • Minimum saving period: 6 months.
   • Allows withdrawal of all savings and restart.
   • Minimum monthly deposit: Kshs 200.
3. Member Deposits
   • Secure savings solution.
   • Minimum monthly contribution: Kshs 1,500.

Credit Products

1. Development Loan
   • Processing fee: Kshs 500.
   • Maximum repayment period: 36 months.
   • Interest rate: 1% per month on reducing balance.
2. Business Loan
   • Loan amount: Up to 3 times member’s savings.
   • Minimum savings period: 6 months.
   • Repayment period: Up to 48 months.
   • Interest rate: 2% per month.
3. Emergency Loan
   • Loan amount: Up to 3 times member’s savings.
   • Maximum repayment period: 12 months.
   • Processing fee: Kshs 300.
   • Interest rate: 1.25% per month on reducing balance.
   • Processing time: 24 hours.
4. Asset Finance
   • Up to 50% financing.
   • Maximum repayment period: 36 months.
5. School Fees Loan
   • Loan amount: Up to 3 times member’s savings.
   • Minimum savings period: 6 months.
   • Maximum repayment period: 12 months.
   • Interest rate: 1.25% per month on reducing balance.
   • Processing fee: Kshs 300.
6. Refinancing Loan
   • Top-up facility for members with development loans.
   • Charge: 5% on the outstanding loan balance.
   • Member must have repaid at least 2/3 of the principal.
   • All other Sacco loans must be cleared before refinancing.
7. Express Loan
   • Maximum loan amount: Kshs 20,000.
   • Minimum savings period: One month.
   • Maximum repayment period: 5 months.
   • Interest rate: 5% per month on reducing balance.
   • Processing fee: Kshs 100.
8. Golden Loan
   • Loan amount: Up to a member’s savings.
   • Minimum savings period: 3 months.
   • Maximum repayment period: 10 months.
   • Interest rate: 4% per month on reducing balance.
   • Processing fee: Kshs 300.
9. Instant Loan
   • Maximum loan amount: Kshs 10,000.
   • Maximum repayment period: 3 months.
   • Interest rate: 10% per month on reducing balance.
   • Processing fee: Kshs 100.
10. Product Loan
    • Loan amount: Up to 3 times member’s deposits, less any outstanding loan balance.
    • No processing fee.
    • Maximum repayment period: 6 months.
    • Interest rate: 2% per month on reducing balance.

Contact Information

Strategic DT Sacco is located at the 3rd Floor, Lunga Lunga Square, along Lunga Lunga Road, Industrial Area, Nairobi. For more information or inquiries, you can contact Strategic DT Sacco at:

• Phone: 0799 213 432 / 0799 848 832