Reviews
SACCO Loans Updated: 14. 04. 2026

Stima SACCO Loan – review 2026

4,6 / 5

Stima SACCO is one of Kenya's largest and most financially sound deposit-taking SACCOs, primarily serving employees of Kenya Power, KPLC and affiliated energy sector institutions. It offers development, emergency and school fees loans at interest rates of 1% per month on a reducing balance basis. Stima SACCO is regulated by the SACCO Societies Regulatory Authority (SASRA) and has a strong dividend payment track record.

Pros

  • Among the lowest interest rates of any formal lender in Kenya at 1% per month reducing balance
  • Loans up to KES 20,000,000 for qualifying members
  • Long repayment periods up to 84 months
  • Consistent dividend payments to members
  • SASRA-regulated with audited financial statements published annually

Cons

  • Membership restricted to Kenya Power and affiliated sector employees
  • Requires build-up of share capital before accessing maximum loan limit
  • Loan amount tied to member deposits (typically 3x savings)
  • Withdrawal of savings not permitted while a loan is outstanding
  • New members must wait a qualifying period before full loan access

Requirements

  • Employment at Kenya Power, KPLC or affiliated institution
  • Stima SACCO membership with active share capital contributions
  • Kenyan national ID
  • Guarantors from among fellow Stima SACCO members
  • Minimum savings balance as specified in the SACCO by-laws

Company information

Name
Stima SACCO Society Limited
Address
Stima Plaza, Kolobot Road, Parklands, P.O. Box 75629-00200, Nairobi, Kenya
Web

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.