Stima Loan

You are eligible for stima loan if you meet the following criteria:

• You must have a valid quotation i.e. not over 90 days.

• You must be able to pay at least 20% deposit on your quotation subject to a maximum loan of Kshs 200,000.

• You will be required to pay 5% processing fees of the amount of loan applied. Payable after approval of loan application.

• Loans are available to Individual customers and not schools, corporate companies.

• The quotation must be for one meter.

• You must not have another outstanding Stima Loan at the time of application.

Visit our offices and contact the business development office. You must have the following documents:

• Original & copy of your ID.

• Copy of ID of the next of kin.

• Copy of pin.

• Wiring certificate.

• The minimum amount of loan is Kshs 15,000.00 while the maximum amount issued is Kshs 200,000.

• Any amount of loan above Kshs 100,000 will require a credit report from a licensed Credit Reference Bureau (CRB).

• A cash payment option is available by visiting our branches that have commercial offices or collection points.

• Mobile money by using M-Pesa. Details: Pay bill 888 888

• A/C number Issued to you (confirm from the office if not sure) or pay bill 888 899.

• Application reference number/work request number issued to you (confirm from the office if not sure)

• Currently, there is no option to pay the stima loan through prepaid meters.

The maximum repayment period is 24 monthly instalments.

Yes, an early payoff option is available, consult the regional stima loan coordinator or stima loan team in the central office.

Multiple stima loan applications are not allowed.

Meter separation is not allowed unless the stima loan is fully paid.