County, Stima Sacco Working On Deal Set to Empower Coops and Enterprises

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Cooperative societies and MSMEs in Uasin Gishu County are set to benefit from financial literacy and models for savings as soon as the county government through the Department of Trade and Cooperatives signs a partnership deal with Stima Sacco.

Trade and Cooperatives Executive, Martha Cheruto, while hosting a delegation from the Stima Sacco on a courtesy call on possible empowerment partnership for Co-ops and MSMEs on Monday, said Governor Jonathan Bii’s agenda is to strengthen and empower cooperatives, noting that her docket is open for partnership engagements to see residents empowered.

Cheruto called on the financial institutions to disseminate information on their specific packages including financial support to the entities, maintaining that financial literacy is mostly needed to enable them to manage their finances sustainability.

A few days ago, the Department also had discussions with the Women Enterprise Fund (WEF) on a collaboration pact that seeks to muscle funds to support the societies.

Stima Sacco Eldoret Branch manager, Amos Mungo, noted that they are targeting to grow co-op sectors for members to have access to credit for development.

Mungo lauded the County Government for supporting over 700 co-op societies as well as the continuous empowerment of various MSMEs.

Cooperatives and Enterprise Development Chief Officer Ruth Samoei said the partnership will see the societies empowered reiterating the importance of these sectors diversifying for sustainability.

Enterprise Development officer in charge of linkages Ruth Lelei and Deputy Director Investment Brenda Rono were present.

remittance options

A.

  • Customer downloads app pesadirect or visits www.pesadirect.com
  • https://play.google.com/store/apps/details?id=com.pesadirect.app
  • https://apps.apple.com/us/app/pesadirect/id1544980130
  • After installing the app, enter the amount to Send and click “continue”
  • Click “Sign Up” or login if you had previously registered on Pesadirect.com
  • Sign up as a new user
  • Select Receive Method as “Bank or Sacco Deposit”. Click “Add new Bank or Sacco”
  • Select Stima Sacco from the list
  • Enter your Stima Sacco Account Number 802*******00, and click “Add Bank or Sacco”
  • Add your method of payment (Debit Card preferred)
  • Review order information, and if OK, click “confirm”
  • Your Transaction is Complete! You may download the receipt for your records

B.

Bank details to use

  • Account name: Stima Sacco Society
  • Account number: 01120069062600
  • Bank: Cooperative Bank
  • Branch: Stima Plaza Branch
  • Swift Code: KCOOKENA
  • Branch Code: 11035

C.

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