Stima Investment Co-operative Society
About Us Latest Project: Stima Village
Stima investment Co-operative This is set amongst a serene and quiet
key objective is to pursue quiet neighbourhood of Syokimau
investments for the maximization along the newly constructed Nairobi-
of member's contributions and Mombasa dual carriageway. The
thereby creating wealth for its turnoff is at JKA Resort Club opposite
shareholders...... Read more KAPA Oil Refineries... .. Read more
Stima Investment Plaza Stima Mall Development
Stima Investment Coop Plaza is The members are still contributing
our main income earner and in Kshs 2, 300.00 towards building of
2010 we had a full occupancy. the parking silos which we estimated
We started construction of two to cost Kshs 300m. We commissioned
additional floors..... Read more a feasibility study to......Read more
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Stima Investment Membership
Stima Investment assets have grown from Kshs 290m in 2009, to an all time high of 1.47billion as per the audited accounts of 2013.Our share capital has also grown from Kshs 190 in 2009 to 522million as per the audited accounts of 2013 and was able to pay its members dividends at the rate of 20% of their share holding. The Society’s Central Management Committee (C.M.C.) intends to mobilize more funds to invest in land sale business and real estate development for sale and lease in order to generate more income and hence increased dividend pay- out to its members.
Some of the investment ventures the Society is currently undertaking include:-
- Development of an eight-storey Stima Mall along Kolobot/Mushembi Road, Parklands, Nairobi, for rental.
- Development of 76 three- and four-bed roomed residential units at Syiokimau, Nairobi, for sale
- Planned development of 300 low cost two- and three- bed roomed units along Kangundo Road, Nairobi, for sale
- Ongoing sale of plots are Nakuru bahati, Juja, Kikambala,Kathwana, Vipingo,konza, Lamu, Kitale, nanyuki and Eldoret
The benefits accruing to members of the Society include:
- Subsidized prices for all our products e.g. on land and houses.
- Priority in product sales including commercial rental spaces at subsidized prices e.g. the Kitengela shopping centre etc.
- Dividend Payment each year.
- Due diligence on lands at very low cost but at the highest level of expertise
- Creation of wealth for our members.
Membership is now open and to join the society one is required to do the following:-
1. Pay an entrance fee of Kshs 5, 000.00 which is payable only once
2. Buy a minimum of 300 shares of Kshs 200 each i.e. Kshs 60, 000.00
Find new member application form here
New members are welcome to join and be part of the rapidly growing and profitable Stima Investment Co operative Society Limited while old members are urged to increase their shares and real estate deposits to propel their Society to greater heights
Over the years, The Society has created wealth for its members though assisting them to acquire land at strategic locations around the country at very attractive, below the market prices. Some of the locations we have sold land include Kitengela behind New light academy, Embu in Gacoka area, Mombasa in Kikambala 800m from the ocean, Njoro along Nakuru Njoro road , Kabarak opposite Kabarak University and in Thika next to Buffalo Hills golf course.
Currently we have the following plots on sale:-
Kikambala: Stima Investments is offering 30 strategically located commercial plots with ready titles on sale located at Kikambala near Sun and Sand hotel @ Kshs. 1,500, 000.00 per plot
Vipingo in Mombasa: - ¼ an acre fully serviced i.e. with mar rum road, masonry wall, water reticulation and title deed @ 2.5 million per acre for members and 3 million for non members. The land is situated opposite the upcoming utalii university and is approximately 500 meters from the ocean.
NAKURU BAHATI: Located along Nakuru -Solai road, next to the Nakuru water treatment plant. It is about 3km from the junction to Nyahururu and 1.3km from junction to GDC Menengai. Similarly, it is 15km from Nakuru town from Hotel Kunste. Those who know of the area, will have no trouble appreciating the value of this investment.
The plots are available in quarter (¼) and half ( ½ ) acre in sizes.
We are offering these plots at an introductory price of Kshs. 270,000 for ¼ acre and kshs 480,000/- for ½ acre plots for members and kshs 324,000/- and kshs. 576,000 for non-members for the first 100 plots. All remaining plots, will be subject to new pricing.
Juja along juja farm road: - an eighth of an acre retailing at Kshs 635,000.00 for members and Ksh 753,000.00 for non-members. Prices inclusive of road network, title deed and barbed wire fence.
The land is 7.5 Km from Juja town along Juja farm road which is earmarked for tarmacking, and it is ready for development. The Land is only 20 minutes drive to the CBD.
Kathwana in Meru: a quarter of an acre going for Ksh 400,000.00 for members and Ksh 471,000.00 for non-members. Price inclusive of road network, title deed and barbed wire fence.
The land is within Kathwana town, which is the headquarters for Tharaka Nithi County. It’s a new town being built from scratch to host the head quarters and thus anticipated capital gain is very high. The land is next to the Governors Residence (construction works ongoing)