How do I repay my Stima Sacco loan?
Go to Mpesa Menu on your Safaricom line
- Go to Mpesa Menu on your Safaricom line. Select Payment Services/Lipa na Mpesa Select Paybill.
- Payment Details. Enter business no – 823244.
- Enter the amount you wish to pay. Enter your M-PESA PIN Confirm details are correct and press OK.
How do you check Stima Sacco balance?
Dial *489# (USSD) on your phone.
How long does it take to get a loan with Stima Sacco?
1-month to 3-months due to the process involved.
Does Stima Sacco loan?
Stima Investments Partners with Stima Sacco The following are the feature of the loan: Interest rate of 9.6% per annum flat rate. Loan repayment period of 24 months.
How does a stima loan work?
The project supports a key financing mechanism (Stima Loan) set up by the Kenya Power and Lighting Company (KPLC). Stima Loan allows KPLC to advance to households 70% of the connection cost, which is refunded to KPLC by the consumer over a period of 2 years.
How do I check my KPLC loan balance?
To find out your KPLC account balance:
- Open a new SMS message on your phone.
- Type 95551 in the Send to box.
- In the message field, input the first part of your account number.
- After a few seconds, a reply with your account details including account balance will appear.
How do I check outstanding debt on a prepaid meter?
To check the total credit unit you have used on your prepaid meter at a time, dial “07” on the keypad then press the blue button, and your available balance will be displayed on your screen.
What is total debt in KPLC token?
Total Debt: 163.2. VAT: 12.88. Fuel Energy Charge: 16.74. Forex Charge: 3.32. EPRA Charge: 0.2.
Can you Kopa tokens?
Kenya Power Okoa Tokens is a service that allows to get KPLC tokens and then pay later. With Okoa Tokens, you are enabled to borrow any amount to buy tokens. Your historical relationship with KPLC determines the credit limit; that is the previous amount that you’ve been spending on Kenya Power buying tokens.
Are Sacco shares refundable?
Shares are Non- refundable and cannot be withdrawn even on exit from the Sacco but can be transferred to another member of the Sacco.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.
Can you withdraw your savings from Stima Sacco?
Yes you can withdraw your deposits instantly but the Sacco will charge you a commission 10% of current deposit amount in lieu of withdrawal notice of 60 days.