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Institution

BestFUND Head OfficeCantomentsAccra, Greater AccraP.O. Box CT 5217
Data approved: 2013-03-04
Data version: 2
Age of data: 90 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
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
APAS320128,0002114
BRAC-UGA139,20028,254,000370
Centenary Bank133,802221,144,231495
EBO SACCO1,5001,240,382295
Equity Bank13,06957,252,004095
Finance Trust22,55517,520,424595
FINCA-UGA56,30027,402,000468
Five Talents5,365368,057295
Gatsby1,3462,440,236295
Habitat Uganda858265,508195
Hofokam20,9084,793,200695
KACITA15660,318195
Madfa SACCO4,832288,674595
Opportunity23,73413,560,8461395
RUCREF5,557898,3804114
Rushere SACCO983574,549295
SAO20462,768195
Silver Upholders2,111189,189495
THPU6,528676,391195
UGAFODE8,1974,720,446995
VF Uganda13,0723,221,675595
Wakiso513276,000195
Y-SAVE2081,686,485195
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Key Statistics
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Loan Portfolio (USD)
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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