Stima SACCO Loan – review 2026

Stima SACCO is one of Kenya's largest and most financially sound deposit-taking savings and credit cooperatives (SACCOs), built primarily around employees of Kenya Power (KPLC) and affiliated energy sector institutions, though membership has broadened over time. As a deposit-taking SACCO, Stima SACCO is regulated by the SACCO Societies Regulatory Authority (SASRA), not the Central Bank of Kenya, which is the regulator for commercial banks.

Members accumulate savings and share capital with the SACCO, which forms the basis for borrowing limits, typically allowing loans as a multiple of a member's deposits and shareholding. Stima SACCO offers development, emergency and school fees loans, among other products, at reported rates around 1% per month on a reducing balance basis, which is considerably more affordable than most bank or digital unsecured loans.

Fees and Eligibility

As with all deposit-taking SACCOs under SASRA regulation, Stima SACCO members benefit from both affordable credit and dividend payments on their shares and deposits, since the SACCO operates on a member-owned cooperative model rather than a shareholder-profit model. New members must first join, contribute shares and build a savings record before qualifying for most loan products.