Stima DT Sacco eyes top spot after another stellar performance

Stima DT Sacco is challenging for the top spot in the Kenyan Savings and Credit Cooperative Organization (Sacco) industry, after another stellar performance last year that saw the country’s second-largest Sacco register a remarkable asset growth of Kes 8.87 billion.

That significant growth year, also characterised by high interest rates, saw the cooperative push its total assets to Kes 75.4 billion, up from Kes 66.51 billion a year earlier, placing pressure on Mwalimu Sacco, whose asset base stood at Kes 76.3 billion as of December 2025.

What’s more, Stima targets to further grow its total holdings to Ksh 84.8 billion by year-end and a further Ksh 95.9billion by December 2027, meaning the Sacco will have accumulated an additional Ksh 20.5 billion in total resources in 21 months from now.

Mwalimu, on the other hand, with about 131,000 members as of December last year, is pursuing a KSh 100 billion asset target, which would require the institution to double its current growth rate, albeit with an inferior membership compared to Stima’s 241,324 as of March 2026.

In meeting its ambitious target, Stima’s chief executive, Dr. Gamaliel Hassan, while addressing Sacco’s investors on Wednesday, said the firm was going all – out, with a clear mandate; by leveraging specialised, high-touch customer service and adopting fintech advancements as well as expanding its lending products to accommodate innovations like green business loans.

“Our targets for the year are very clear: to venture into newer markets while consolidating the diaspora market as well as enhancing our digital and automation expansion,” said Hassan.

For the financial year ending December 31, 2025, Stima Sacco approved a payout of 16% on dividends for share capital, amounting to Ksh 788,713,665, along with 11% in interest rebates on deposits, amounting to Ksh 4,321,665,655, hitting a total payout of Ksh 4.6 billion and a total dividend payout on shares of Ksh 788.7 million. Mwalimu DT Sacco announced a 76.3% profit surge to KSh 1.27 billion, with loans expanded by 19.3% to 56.3 billion, maintaining a strong position as the top Sacco in Africa.

Indeed, through its digital channels, Stima DT Sacco disbursed Sh4.25 billion in mobile loans and Sh435.8 million in affordable housing credit during the period under review, with digital loans forming part of Sh29.19 billion in total credit issued during the year.

In fact, Sacco’s 141,066 loans were processed through its mobile app, with over 93 percent of members now using mobile channels, according to CEO Hassan.