Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001127
CEPESIU2,000939,0004127
COAC 4 Octubre2,2005,771,0002127
COAC Ambato1,30016,415,0002127
COAC FondVida2,5004,200,0004127
COAC LaBenefica2,5008,482,0006127
COAC MCCH5,30010,020,0002127
COAC Nacional30,70027,129,0002127
COAC San José10,40029,133,0005127
COAC SanAntonio1,0002,384,0003127
COAC SantaAnita2,0002,532,0006127
Codesarrollo14,40040,328,0007127
Coop San Miguel1,8004,754,0005124
CooP VPR7001,052,0004127
Cooprogreso7,90032,244,0004127
Credi Fe100,900380,039,0004127
D^Miro36,90027,692,0009120
DECOF2,200705,0002127
Espoir62,10021,036,0005127
FODEMI28,20012,924,0003127
Fundacion Alternativa4,3005,545,0002127
FUNDAMIC2,0001,468,0002127
INSOTEC7,0006,047,0004127
Luz del Valle6,40011,300,0003127
ProCredit43,800211,941,0002127
PS Ambato5,6002,771,0001127
Please note that the information you are viewing is 96 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

BestFUND Head OfficeCantomentsAccra, Greater AccraP.O. Box CT 5217
Data approved: 2013-03-04
Data version: 2
Age of data: 96 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.bestfundghana.org
Year established2005
Head of InstitutionDr. Emmanuel Shaft Boamah
Regions activeGreater Accra Region, Ashanti Region
# Branches3

Total Portfolio (nat'l)GHS 8,220,420
Total Portfolio (USD)USD 4,172,802.03
Active clients with loans13,064
Approximate % female clients60% - 80%
Approximate % urban clients0% - 20%
Network affiliationsGHAMFIN, ASSFIN, AMT
Funders

Loan Products » Summary

1,211 Borrowers
USD 1,071,131.98 Portfolio
Active Product
9,642 Borrowers
USD 2,535,665.48 Portfolio
Active Product
2,211 Borrowers
USD 566,004.57 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Capacity Loan GHS 3,000 - 8,000 6 - 10 60% - 80% 0% - 20% Business, Education Women, Men, Have business, Salaried worker Credit Ins, Tech Asst Visits
Group Loan GHS 2,000 - 10,000 5 - 8 80% - 100% 0% - 20% Business, Education, Land Women, Men, Have business, Salaried worker Group Mtgs, Tech Asst Visits
Individual Loan GHS 500 - 1,000 4 - 6 60% - 80% 0% - 20% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Capacity Loan 36.0%-96.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 64.5% - 68% 74.9% - 78.8% 47
Group Loan 36.0%-96.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 59% - 70.2% 68.1% - 81.6% N/A
Individual Loan 36.0%-96.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 62.3% - 69.1% 72.1% - 80.2% 47
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