Stima Sacco Society Limited was established in 1974 to serve employees of the then East African Power & Lighting Company, but currently draws members from individuals in employment from all sectors, business persons’ groups, and corporates.
The objective was and has been to provide members with a haven for savings, avail affordable credit to members and return impressive dividends. The Sacco has grown to become a leading financial partner in the country with a huge asset base, massive membership, dynamic products, and impressive dividends.
Stima Sacco is a member-owned business and membership is open to all resident and non-resident Kenyans anywhere in the world. The Sacco admits eligible individuals, groups, or corporates for membership of the Society upon fulfilment of membership opening requirements.
Membership is voluntary and open to all within the accepted common bond of association, that can make use of its services and are willing to accept the corresponding responsibilities. Upon admission a member is issued with a membership number for reference purposes and three mandatory accounts are automatically opened for the member:
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.