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50 Years of Empowering Lives

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50 Years of Empowering Lives

What is the difference between Alpha deposits and Share Capital ?

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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 rata basis. Upon exit from the Sacco the member can access refund of the alpha deposit as long as there is no outstanding or guaranteed loan.

On the other hand, share capital is the minimum shareholding that every member must hold with the Sacco. Shares are Non- refundable and cannot be withdrawn even on exit from the Sacco but can be transferred to another member of the Sacco. This cannot be used as security on loan. Each member must meet the minimum share capital requirement. For example Individuals and groups require a minimum of Ksh 25,000 in share capital which is Equivalence of 50 shares at a cost of KES 500 per share; and Corporate require a minimum of Ksh. 50,000 in share capital. Dividend is earned on Share capital annually and calculated on pro rata basis.

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remittance options


  • Customer downloads app pesadirect or visits
  • After installing the app, enter the amount to Send and click “continue”
  • Click “Sign Up” or login if you had previously registered on
  • 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


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


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