DIASPORA SERVICES

Stima DT Sacco diaspora banking assures Kenyans residing outside the country a haven for savings, access to affordable credit with impressive dividends return.  Affordable, safe money transfer options with easy access to monitoring of accounts online.

AVAILABLE SERVICES

INVEST(TERM DEPOSITS)

Investing Back at home has never been easier. Access our services from anywhere in the world

CREDIT PRODUCTS

Stima Sacco has developed and keeps on reviewing credit products that suit our members.

CONTACT US

For any enquiries , you can reach us through our communication channels

DOWNLOAD FORMS

Most Used Forms

Stima DT Sacco

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Diaspora membership application

Application Requirements:

  1. Fill and sign the application form.(click here to download)
  2. Copy of National Identity card
  3. Copy of Kenyan Passport
  4. Copy of Recent passport Photo
  5. Copy of KRA Pin
  6. Copy of Proof of Residency (residency permit/utility bill)

 

Registration fee table

Category
Registration Ksh
Share Capital Ksh
Min. Monthly Savings Kshs
Diaspora
500
25,000
1,000

APPLY NOW

Fill in your contact details below and attach the required documents.

Get In Touch

Fill in the details below and one of our diaspora representatives will get back to you

remittance options

Available international apps.

Swift Transfer, Wave Transfer, World Remit, Poapay, Remitly and Transfer Wise.

Bank details

Account name: Stima Sacco Society

Account number: 01120069062600

Bank: Cooperative Bank

Branch: Stima Plaza Branch

Swift Code: KCOOKENA

Branch Code: 11035

Members with mpesa access can send directly using the Paybill options below.

Deposit using Mpesa

  • You need to be an M-PESA registered customer
  • Go to M-PESA on your phone menu
  • Select Payment Services/ Lipa na M-Pesa
  • Select Pay Bill Enter 823244
  • For Monthly Deposit, enter 802xxxxxxx00, where xxxxxxx is your member number.
  • For shares Capital, enter 800xxxxxxx00, where xxxxxxx is your Member number.
  • For Deposit into Prime a/c Enter 801xxxxxxx00, where xxxxxxx is your member number.

NB: Your membership number ought to be seven digits.

  • Enter the amount you wish to pay
  • Enter your M-PESA PIN, confirm details are correct and press OK

….coming soon

DIASPORA CREDIT PRODUCTS

Loan Amount: 3X members Alpha deposits

Loan pricing:
• Method of calculation: Reducing Balance.
• Seed Loan & Insurance Fund: 1.5%
Loan Tenor:
• Up to 48 months (Subject to remaining contract
period).
• Max 60 months (If borrowing 2X Alpha Deposits).

Loan Amount: 5X members Alpha deposits.

Features.
• Method of interest calculation: Reducing Balance.
• Seed Loan & Insurance Fund: 1.5%
Loan Tenor:
• Up to 85 Months (Subject to remaining contract
period).

Loan Amount: 5X members Alpha deposits.

• Maximum Kes 5 Million.
• Method of interest calculation: Reducing Balance.
• Seed Loan & Insurance Fund: 1.5%
Contract:
• 72 months.
Contractual monthly deposit: 1% of loan approved or Kes
7,500/=, whichever is lower.

Loan Amount: 3X members Alpha deposits for Normal

Loan holders.
• Maximum of 3 emergency/ School fees loans at
any time (Ratio 1:2).
Loan pricing:
• Method of interest calculation is flat rate.
• Seed Loan & Insurance Fund: 1.5%
Loan Tenor:
• Up to 12 months (Subject to remaining contract
period).

Loan Amount: 4X members Alpha deposits .

Loan pricing:
• Method of interest calculation: Reducing Balance.
• Seed Loan & Insurance Fund: 1.5%
Loan Tenor:
• Up to 15 months (Subject to remaining contract
period).

Method of interest calculation: Reducing balance.

• Seed Loan & Insurance Fund: 1.5%
• For loans amounts above 5 Million, specific
insurance cover will be required for Small &
Medium Enterprises, Corporates, and groups.
Loan Term: 36 Months.
Mode of Repayment: Internal Standing order Frequency
of repayment: Monthly.
Mode of Loan Disbursement: Prime Account.
Loan Amounts: 3X Alpha deposits.

Loan Amount:X4

Loan tenor: 60 Months Reducing balance14.0%

Land Purchase X5 Up to3,000,000 60 Months Reducing balance 14.0%

Whole House I X5 Up to 4,000,000 120 Months Reducing balance 14.0%

Whole House II X5 4,000,000 – 15,000,000 144 Months Reducing balance 14.0%

Home Improvement X5 Up to 500,000 24 Months Reducing balance 14.0%

This is a mortgage loan product under the Kenya Mortgage Refinance Company (KMRC) refinancing program. The KMRC Mortgage loan will enable Stima Sacco Members to buy a residential house or purchase
land for construction at competitive rates. The mortgage facility is available to
1. Individuals in permanent employment or on contract.
2. Individuals in Business or those who have rental income.

Security for the property is the title for the property being bought or under construction. An additional tangible security may be required where the property is not sufficient to cover the loan.
Product Benefits

• Enable members access funds at competitive rates.
• Flexible security requirements.