About
WHO ARE WE
Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) was established in 1974 to serve employees of the then East African Power & Lighting Company. There have been several developments since then, such as Stima Sacco upgrading to a Deposit Taking Sacco, hence the name Stima DT Sacco, and open membership to all Kenyans among other key improvements.
Stima DT Savings and Credit Cooperative Society Limited (Stima DT Sacco) is a leading, country-wide, fast growing, and licensed DTS (Deposit Taking Sacco) with an Asset Base of Kshs. 42bn, Deposits of over Kshs. 32bn, Loan Book of over 34bn and membership of over 141,000 derived from the energy, utilities, education, services, diaspora, individuals, groups/ Chamas, small and micro enterprises (SMEs) among other sectors.
OUR STRATEGIC PLAN
Our key priority in the 2019-2024 Strategic Plan is to transform our business model and grow through innovative products, unparalleled customer service, aggressive resource mobilization, and expanded distribution channels. The plan aims to advance sustainable growth through sound governance and by observing and implementing the cooperative & operative principles. The pillars of this plan are business growth & brand equity, member value creation, and capital & financial sustainability.
Products and Services
SAVINGS ACCOUNTS
a. Non-Withdrawable Savings accounts
b. Withdrawable Savings accounts
c. Term Deposits
CREDIT PRODUCTS
a. Non-Withdrawable Savings accounts
b. Withdrawable Savings accounts
c. Term Deposits
INSURANCE
Mpawa Insurance Agency is fully owned by Stima DT Sacco Society Limited. The Agency was licensed under the Insurance Act on 20th May 2019 and offers all classes
of insurance, both life and non-life including medical products.
MORTGAGE FACILITIES
a. KMRC Mortgage
b. Makaazi Poa is a Micro Mortgage loan
INVESTMENT OPTIONS
SAVINGS ACCOUNT
FEATURES
Call Fixed Deposit
A call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits. Features:
• Minimum of Kes 5,000.00
• Attractive interest rate
• Can be accessed upon demand without forfeiture of interest
Fixed Deposit for 3, 6- and 12-months’ deposits
It’s a fixed term savings account with a pre-determined interest rate. Features:
• Minimum of Kes 5,000.00
• Funds can be fixed either for 3, 6 or 12 months
• Attractive interest rates
• Forfeiture of interest if withdrawn before maturity
• No monthly charges
Golden Savings Account
• Minimum deposit of Kes 60,000.00 for a period of 12 months
• Attractive interest rate
• Interest paid monthly to Prime Account
• Funds may be used as loan collateral
• Premature withdrawal will lead to forfeiture of interest