The Society won the best Co operative in the country for having the highest number of successfully completed housing and land projects in Kenya for second year in 2014 and won other awards as follows:-
Highest return in the country
Highest savings per member in the Investment category
Best Co operative in Housing and Land projects
His Excellency, Dr. Evans Kidero, the Governor of the Nairobi County opened Stima Investment Plaza II on 5th December 2014.
Stima Sacco and Stima Investment will be meeting Diaspora Members in Dallas-Texas on Saturday 21st Feb 2015. One on One meeting with members and presentations from Stima Sacco and Stima Investment will be done.
VENUE: Hyatt Richardson
ADDRESS: 701 E Campbell Road
Richardson, Texas 75081
TIME: 3 - 5 PM
Stima Investment and Stima Sacco have partnered to provide members of both societies with a plot financing offer. Stima Sacco has agreed to provide credit facilities to qualifying members to enable them purchase plots from Stima Investment.The following are the feature of the loan:
Interest rate of 9.6% per annum flat rate
Loan repayment period of 24 months
Security is the Land Title with a full MOU with Stima Investment
Loan agreement must be signed between the borrower, Stima Investment and Stima Sacco
This facility benefits members by offering them an extended repayment period from 3 months to 24 months hence giving them an opportunity...
Stima Investment Co-operative Society partners with Rafiki Microfinance Bank to finance its members to invest in homes.
The partnership ensures members and non-members of Stima Investment who wish to buy houses and plots sold by the co-operative have easy access to cash.
“Our partnership with Stima Investment Co-operative Society provides an opportunity for its members and non-members to access credit facilities that will promote home acquisition as well as construction,” read a statement from Rafiki Microfinance Bank.
Rafiki is setting aside Sh300 million for the partnership. Stima Investment has a membership of over 30,000 members.
Sale of houses and plots by the investment arm...