Stima DT Sacco Profile

Stima Deposit-Taking Sacco (Stima DT Sacco) stands today as one of Kenya’s most dynamic and trusted cooperative financial institutions. Established in 1974 to serve employees of the then East African Power & Lighting Company (now Kenya Power), the Sacco has grown beyond its original membership base to become a national and global financial partner for individuals, groups, and corporates.

Over the years, Stima DT Sacco has evolved into a beacon of financial empowerment, guided by strong governance, technological innovation, and an unwavering commitment to member welfare.

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Empowerment and Growth

When Stima Sacco was founded, its main objective was to provide employees with a safe platform for saving, affordable access to credit, and consistent dividends on investment. More than five decades later, these goals remain at the heart of its operations.

Today, the Sacco serves thousands of members drawn from all sectors of the economy — including salaried professionals, entrepreneurs, business groups, and diaspora members. With a strong asset base, a wide range of products, and a reputation for paying attractive dividends, Stima DT Sacco continues to play a key role in improving the financial well-being of its members and contributing to Kenya’s cooperative movement.

Open and Inclusive Membership

Stima DT Sacco is a member-owned institution with a philosophy rooted in inclusivity and cooperation. Membership is open to all resident and non-resident Kenyans, whether individuals, groups, or corporates.

Upon admission, each member is issued a unique membership number and automatically enrolled into three mandatory accounts that form the foundation of their financial journey with the Sacco. This structured system ensures that all members benefit from a standardized, transparent, and efficient service delivery framework.

The Sacco’s membership policy is voluntary and founded on mutual trust — open to all who share the common bond of cooperation and are willing to actively participate in the society’s growth.

Vision, Mission, and Core Values

Vision: Empowering Members for Life
Mission: Redefining Sustainable Socio-economic Wellness
Core Values:

Simplicity – Providing easy-to-understand and user-friendly financial solutions.
Trust – Building strong, dependable relationships with members.
Integrity – Upholding honesty and transparency in all operations.
Responsiveness – Adapting to member needs and market trends with agility.

These values guide the Sacco’s daily operations and long-term strategies, ensuring members enjoy consistent, ethical, and efficient service.

Strategic Direction (2025–2029)

Under its 2025–2029 Strategic Plan, Stima DT Sacco has reaffirmed its commitment to excellence through transparency, accountability, and integrity. The plan seeks to:

Strengthen governance and leadership structures.
Enhance operational efficiency through digitization and innovation.
Improve financial performance and risk management frameworks.
Promote sustainable investment practices that benefit both members and communities.

This strategic roadmap aims to position Stima DT Sacco as a future-ready institution that continues to meet the evolving needs of members in a competitive and technology-driven financial environment.

Products and Services

Stima DT Sacco offers a wide range of financial products and services designed to support members at every stage of their financial journey. These include:

Savings Accounts: Regular savings, children’s savings, and special-purpose deposits that encourage financial discipline.
Loan Products: Personal loans, development loans, emergency loans, asset financing, and business loans at affordable interest rates.
Investment Opportunities: Competitive dividends and interest on deposits, ensuring members earn strong returns on their investments.
Digital Services: Through platforms like Mpawa, members can transact conveniently using mobile and online services, ensuring 24/7 access to their finances.
Insurance Services: Through Mpawa Insurance Agency, members enjoy comprehensive insurance solutions covering health, life, and assets.

These solutions make Stima DT Sacco a one-stop financial institution that empowers members to save, invest, and grow sustainably.

Leadership and Governance

Stima DT Sacco’s success is anchored in visionary leadership and strong governance. The Board of Directors and management team work collaboratively to ensure compliance, innovation, and continuous growth.

Board of Directors:

National Chairman: Dr. Joseph Siror
National Vice Chairman: Peter Njenga
National Treasurer: Mary Maalu
Honorary Secretary: Osman Khatolwa
Directors: Geoffrey Muli, Lwanga Erambo Viketi, Rosemary Oduor, John Mudany, Cecilia Kalungu, and Dr. Gamaliel Hassan

Management Team:

Chief Executive Officer: Dr. Gamaliel Hassan
Chief Manager, ICT & Operations: Tony Mutero
Chief Manager, Strategy & Business: Rosemary Karanja
Chief Manager, Finance: Jafford Mwenda
Manager, Legal Services & Corporate Secretarial: Anne Miano
Manager, Corporate Communications: Jack Kulova
Manager, Risk & Compliance: Julius Irungu
Manager, Internal Audit: Japheth Rono
Manager, Shared Services: Geoffrey Korir
Manager, Credit: Priscillah Kagori
Manager, Human Resource: Brenda Abwavo
Manager, Marketing, Sales & Research: Phyllis Maitha
Manager, ICT: Samuel Kahura
Manager, Customer Experience: Lina Njogu
Manager, Supply Chain: Henry Musau
Manager, Mpawa Insurance Agency: Erick Kimathi

This strong leadership structure ensures Stima DT Sacco remains efficient, transparent, and accountable to its members.

Commitment to Members and Innovation

Stima DT Sacco continues to embrace technology and innovation to improve efficiency and enhance the member experience. Through mobile apps, digital banking, and real-time service delivery, members enjoy modern, convenient, and secure access to their funds.

The Sacco also invests in continuous member education and financial literacy initiatives to empower members to make informed financial decisions.