Stima DT Sacco: Frequently Asked Questions (FAQs)
Stima Deposit-Taking (DT) Sacco is among the top Sacco powerhouses in Kenya’s cooperative movement. Stima Sacco is a Tier-1 category Sacco that is widely regarded as one of the most technologically advanced and financially stable Saccos in East Africa.
Established in 1974 to serve the employees of the then East African Power and Lighting Company (now Kenya Power), Stima Sacco has since opened its doors to the general public and grown exponentially.
1. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Membership & Registration
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Who is eligible to join Stima Sacco?
While originally established in 1974 to serve employees of the East African Power and Lighting Company (now Kenya Power), Stima Sacco is now fully open to the public. Members include civil servants, private-sector employees, business owners, chamas/groups, corporates, and Kenyans living in the diaspora.
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What are the core requirements to join Stima Deposit-Taking (DT) Sacco as an individual?
To set up an account, you will generally need to provide:
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A completed membership application form.
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A copy of your National ID or valid Passport.
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A copy of your KRA PIN certificate.
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One recent passport-size photograph.
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A non-refundable registration fee of KSh 1,000.
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Your latest payslip (if you are formally employed).
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Can I rejoin Stima Deposit-Taking (DT) Sacco if I had previously withdrawn my membership?
Yes. Past members are allowed to rejoin the society by submitting a rejoining application form and paying a standard rejoining fee (typically KSh 2,500).
2. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Accounts & Savings Structure
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What mandatory accounts are opened in Stima Deposit-Taking (DT) Sacco upon registration?
When you join, three distinct accounts are automatically activated:
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Share Capital Account: Represents your equity stake and co-ownership in the Sacco. It is strictly non-withdrawable but can be transferred or sold to an existing member if you choose to exit.
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Alpha Deposits Account: These are your continuous monthly savings used as collateral for loans. They are non-withdrawable during active membership but are fully refunded upon exit.
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Prime (FOSA) Account: A transactional account operating like a standard bank account, used for salary processing, ATM withdrawals, over-the-counter transactions, and receiving dividends.
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What are the minimum contribution thresholds for Stima Deposit-Taking (DT) Sacco?
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Share Capital: Individuals must accumulate a minimum of KSh 25,000 (which can be paid in flexible installments).
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Monthly Alpha Deposits: A minimum contribution of KSh 1,000 per month is required to keep your account active and in good standing.
3. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Dividends & Financial Returns
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What are the historical dividend and interest payout rates for Stima Deposit-Taking (DT) Sacco?
Stima Sacco consistently ranks among the top-performing cooperatives in Kenya for investment returns. For the financial year ending December 31, 2025, the Sacco approved a highly competitive payout structure:
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16% payout on Share Capital.
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11% payout (interest rebate) on Alpha Deposits.
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When are dividends typically paid out by Stima Deposit-Taking (DT) Sacco?
Dividends and interest rebates are disbursed annually, immediately following the Sacco’s Annual General Meeting (AGM), which usually takes place between late February and March.
4. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Loans & Credit Facilities
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How much money am I allowed to borrow fromStima Deposit-Taking (DT) Sacco?
Members can generally borrow up to 3 to 4 times the value of their accumulated Alpha Deposits. However, the exact limit is governed by your repayment ability under the two-thirds take-home rule, meaning your net salary cannot drop below one-third of your basic pay after all deductions.
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What are the core loan products available at Stima Deposit-Taking (DT) Sacco ?
Stima Sacco provides a wide array of credit facilities tailored to different needs:
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Development Loans: Long-term credit for wealth generation and assets.
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Makaazi Poa & KMRC Mortgages: Specialized, affordable housing loans for building or buying a home.
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School Fees & Emergency Loans: Short-term credit processed rapidly for urgent financial needs.
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M-Pawa Mobile Loans: Instant digital micro-loans accessed directly via your mobile phone.
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How long must I save before accessing a loan at Stima Deposit-Taking (DT) Sacco ?
New members must make uninterrupted monthly contributions for at least 3 consecutive months to become eligible for core credit facilities.
5. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Digital Banking & Mobile Services
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What is the official Stima Sacco M-Pesa Paybill number?
The official Paybill number is 823244. To ensure your payment goes to the correct internal account, use the following account formats:
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For Alpha Deposits: Enter
802followed by your full Member Number. -
For Share Capital: Enter
800followed by your full Member Number. -
For Prime/FOSA Savings: Enter
801followed by your full Member Number.
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How can I track my statements and balances remotely at Stima Deposit-Taking (DT) Sacco ?
You can securely monitor your savings and loan balances, transfer funds, or apply for mobile loans by dialing the Sacco’s official USSD short code or downloading the M-Pawa Mobile App from your smartphone’s app store.
6. Stima Deposit-Taking (DT) Sacco’s Frequently Asked Questions on Membership Exit & Withdrawal
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What is the procedure for leaving Stima Deposit-Taking (DT) Sacco Sacco? If you choose to withdraw, you must issue a formal 60 days’ written notice. Your Alpha Deposits will be refunded in full once all your outstanding liabilities have been settled.
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Can I withdraw my savings from Stima Deposit-Taking (DT) Sacco if I have guaranteed someone else? No. You cannot withdraw your deposits or close your account if you are actively safeguarding another member’s loan. You must wait until that borrower clears their debt, or they find an alternative guarantor to take over your financial liability.
How can I contact Stima DT Sacco
Stima Deposit-Taking (DT) Sacco’s Website & Portals.
- Stima Deposit-Taking (DT) Sacco’s Website: https://www.stima-sacco.com/
- Stima Deposit-Taking (DT) Sacco’s Portal: https://www.stima-sacco.com/#
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