Stima DT Sacco Affordable Mortgage Scheme

One way of adapting sacco services with members’ needs would include plugging into the Big Four Agenda so that they can offer products and services that help ordinary citizens take advantage of incentives offered by government, say for home ownership through the affordable homes programme. #stimasaccomortgage #property #affordablehousing #construction #homeownership Read more here: https://lnkd.in/dAFBMNDz

What is the difference between Alpha deposits and Share Capital ?

Alpha Deposits are the monthly contributions a member pay towards the Sacco. Individuals require a minimum of Ksh. 1,000 contribution per month; groups ksh. 5,000 and Corporates Ksh. 10,000. This can be used as either security to members loans or guarantee other members. Interest rebate is earned on alpha deposit annually and calculated on pro […]