Tag Archives: Stima Sacco

Stima SACCO; Membership, Website, Portal, Contacts, How to join and requirements

STIMA SACCO LATEST NEWS- Stima SACCO is one of the best performing SACCO in Kenya. If you are looking for a good SACCO to join, then look no further than Saima SACCO. But, before deciding on joining the Sacco it is good that you gather enough information on its performance, how to join and minimum joining requirements. You can find all these here.

Back Ground Information on Stima Sacco

Stima Sacco is a Deposit Taking Society Limited that was 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.

Stima Sacco Branches

S/N BRANCH LOCATION
1 Nairobi(Parklands)
2 Mombasa
3 Kisumu
4 Nakuru
5 Olkaria
6 Eldoret
7 Nairobi CBD
8 Embu
9 Kawi Centre (South C)

 

See also; Best and top performing Saccos to join in Kenya 2021/2022

Stima Sacco Main office location and Contacts

Diaspora Members’ Contacts

Stima Sacco Membership

Membership to Stima Sacco is open to all Kenyans.

INDIVIDUAL MEMBERSHIP

To join the Sacco one needs to;

  1. Complete Membership Application Form (click here to download)
  2. Attach copy of Kenyan National Identity Card or Valid Kenyan Passport
  3. Attach coloured passport size photograph..
  4. Copy of KRA PIN Number

JOINT MEMBERSHIP

To join the Sacco one needs to;

  1. Complete Membership Application Form (click here to download)
  2. Attach copy of Kenyan National Identity Card or Valid Kenyan Passport for both applicants.
  3. Attach coloured passport size photograph for both applicants.
  4. Copy of KRA PIN Numbers

GROUP MEMBERSHIP

This includes; Corporate, Chamas, Self-help Groups etc. To join the Sacco one needs to;

  1. Complete group membership application form. (click here to download)
  2. Attach minutes of the group’s meeting resolving to join Stima Sacco.
  3. Attach the group’s constitution.
  4. Attach copies of Identification Cards, Passport and photos of authorised signatories.
  5. Attach copy of group’s registration certificate.
  6. KRA PIN Numbers (Where applicable)

How to Deposit Money into your account via Mpesa

You can conveniently deposit money to your account via Mpesa. This is achieved by following the following steps:

1. Go to M-PESA on your phone menu
2. Select Payment Services/ Lipa na M-Pesa
3. Select Pay Bill
4. Enter 823244
• For Alpha Deposit, Enter 802xxxxxxx00, where xxxxxxx is your Member number (7 digits).
• For shares Capital, Enter 800xxxxxxx00, where xxxxxxx is your Member number (7 digits).
• For Prime a/c Enter 801xxxxxxx00, where xxxxxxx is your Member number. (7 digits)
For Registration a/c Enter 809xxxxxxx00,where xxxxxxx is your Member number.
• NB: Your membership number ought to be seven digits.
5. Enter the amount you wish to pay
6. Enter your M-PESA PIN
7. Confirm details are correct and press OK

Stima Sacco Loans.

The Sacco offers a wide range of loan facilities to members. Find more information on the loans here; https://www.stima-sacco.com/credit-products/

Top and Best Saccos in Kenya 2021

Are you looking for a list of the best Saccos in Kenya? According to the latest payment rates data,Stima Sacco Society is ranked as the best Sacco in the Country. Police Sacco and Mwalimu Sacco rank in the second and third places, respectively.

This ranking is per the Saccos interest rates paid on Customer Deposits and Payout of Dividends on Share Capital.

STIMA SACCO SOCIETY LTD

Stima Sacco Deposit Taking (DT) is a licensed Deposit Taking Sacco. It was established in 1974 with the main objective of uplifting the members’ social economic well-being. Stima Sacco has nine branches in Nairobi(Parklands), Mombasa, Kisumu, Nakuru, Olkaria,Eldoret, Nairobi CBD, Embu and Kawi Centre (South C).

Membership is open and any Kenyan citizen is eligible to join Stima Sacco regardless of his or her area of residence.

Stima  Sacco is currently ranked as the best performing Sacco in the country.

THE KENYA POLICE SACCO SOCIETY 

The Kenya Police Sacco Society was registered on 20th November 1972, under the Cooperative Societies Act Cap 490 of the laws of Kenya. It had to wait till June 1973 for it to roll out its operations. It draws membership largely from the disciplined forces.

The Kenya Police Sacco Society is the ranked as the second best Sacco in the country.

MWALIMU SACCO

Mwalimu Sacco is perhaps the largest African Sacco with a membership drawn from teachers all over Kenya. It is currently ranked as the third best Sacco in the country.

See also;

LIST OF TEN TOP SACCOs IN KENYA

Here is the full list of the top 10 SAccos in the country;

S/NO SACCO NAME CATEGORY INTEREST ON DEPOSIT DIVIDEND ON SHARE CAPITAL
1 Stima Sacco DT 10.70% 17%
2 Police Sacco DT 10.50% 17%
3 Mwalimu Sacco DT 10% 17%
4 Sheria Sacco Educationnewshub DT 8.50% 16%
5 Mhasibu Sacco Non DT 8.15.% 15%
6 kimistu Sacco DT 8% 15%
7 Nation Sacco Educationnewshub DT 8 15%
8 SafaricomSacco DT 7.50% 12%
9 FinnlemmSacco Non DT 6.20% 12%
10 Kenya Bankers Sacco DT 6% 10%
11 Harambee Sacco DT 6% 6%