Updated 2 November 2026
Stima Sacco loans start at 12% a year on a reducing balance for the Normal loan, which lends up to four times your Alpha deposits over 60 months. The Premium loan stretches to 96 months at 13% and five times deposits, the Makaazi Poa home loan goes up to KSh 15 million over 144 months, and the Mpawa mobile loan gives up to KSh 120,000 on *489#. You need three months of membership and full share capital of KSh 25,000 before you can borrow.
Updated November 2026 from Stima DT Sacco’s published loan products and member FAQ. Confirm the current rate with the Sacco before you sign, as rates can change.
Stima Sacco loans: rates and terms
| Loan | Rate (per year) | Multiplier | Maximum period | Limit / note |
|---|---|---|---|---|
| Normal loan | 12% | 4x deposits | 60 months | Main development loan |
| Premium loan | 13% | 5x deposits | 96 months | Longer term, bigger amount |
| Super loan | Ask the Sacco | 4x deposits | 96 months | Long-term borrowing |
| Mwangaza loan (check-off) | 13.9% | By ability | 78 months | For members in the scheme |
| Mwangaza loan (non-scheme) | 14% | By ability | 48 months | Up to KSh 5 million |
| SOSA loan | 15% | 4x deposits | 24 months | Short-term needs |
| Make Over loan | 18% | 5x deposits | 48 months | Up to KSh 1 million |
| Makaazi Poa home loan | Ask the Sacco | Property-based | 144 months | Up to KSh 15 million |
| Prime advance | Ask the Sacco | – | 12 months | Up to KSh 200,000 |
| Salary advance | Ask the Sacco | – | 1 month | Up to KSh 100,000 |
| Mpawa mobile loan | Ask the Sacco | – | 6 months | Up to KSh 120,000 on *489# |
| Funika loan | 1% a day | – | 30 days | Up to KSh 15,000 |
How the Stima Sacco loan multiplier works
The multiplier sets the most you can borrow against your Alpha deposits (the deposits that also earn the yearly interest rebate). With KSh 300,000 in Alpha deposits:
- A Normal or SOSA loan at 4x lets you borrow up to KSh 1.2 million.
- A Premium or Make Over loan at 5x lets you borrow up to KSh 1.5 million.
The amount you actually get also depends on your payslip or income: the repayment has to fit what you can pay each month. Raising your deposits is the fastest way to raise your limit, and those deposits earned an 11% rebate for 2025. See Stima Sacco dividends and rebates and the Stima Sacco dividend calculator.
What Stima Sacco loans cost each month
- KSh 500,000 Normal loan at 12% over 60 months: about KSh 11,122 a month.
- KSh 1 million Premium loan at 13% over 96 months: about KSh 16,807 a month.
- KSh 3 million Mwangaza loan at 14% over 48 months: about KSh 81,979 a month.
- KSh 1 million Make Over loan at 18% over 48 months: about KSh 29,375 a month.
- KSh 200,000 SOSA loan at 15% over 24 months: about KSh 9,697 a month.
These figures leave out insurance and processing charges. Use the Stima Sacco loan calculator for your own amount.
Stima Sacco Mpawa loan
Mpawa is Stima’s mobile loan. Dial *489# on the phone number registered with the Sacco, choose loans and follow the prompts. The limit goes up to KSh 120,000 and the loan is repaid within six months. The same menu lets you move money from your Prime account to M-Pesa. Funika, the 30-day loan of up to KSh 15,000, is charged at 1% a day, so it is far more expensive than the Mpawa or SOSA loans and best kept for genuine emergencies.
Requirements for Stima Sacco loans
- At least three months as a member.
- Full share capital of KSh 25,000 in place.
- Regular monthly deposits (at least KSh 1,000, or KSh 500 for business accounts) and an up-to-date KSh 125 monthly risk fund.
- Guarantors or enough deposits to secure the loan, plus your latest payslip or business records.
- No loan arrears. The Sacco uses dividends to clear defaulted loans before paying you.
How to apply
- Pick the loan that fits your need and repayment period.
- Apply through the MStima app or *492#, or fill in the loan form at a branch.
- Attach your ID, payslip or bank statements and guarantor details.
- Wait for appraisal. Once approved, the money goes to your Prime account.
Stima Sacco’s head office is at Stima Sacco Plaza, Mushembi Road, Parklands, Nairobi. Call 0703 024 000 or WhatsApp 0703 024 001.
Stima Sacco loans against other lenders
At 12%, Stima’s Normal loan is cheaper than the August 2026 bank average lending rate of 14.34% reported by the Central Bank of Kenya. Compare it with other Saccos in the Tower Sacco loans guide or read bank vs Sacco loans in Kenya.
Sources
Frequently asked questions
What is the Stima Sacco loan multiplier?
Four times your Alpha deposits on the Normal, Super and SOSA loans, and five times on the Premium and Make Over loans.
What is the interest rate on Stima Sacco loans?
From 12% a year on the Normal loan to 18% on the Make Over loan, on a reducing balance. The Funika loan is 1% a day.
How do I get a Stima Sacco Mpawa loan?
Dial *489# on your registered number, choose loans and enter the amount. You can borrow up to KSh 120,000 and repay within six months.
How long before I can borrow from Stima Sacco?
Three months after joining, once you have the full KSh 25,000 share capital.
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