The composition of the invention provides formulations of extract of the Musaceas plant suitable for treatment of skin and mucosal membranes. A topical composition is disclosed for the treatment of fungal infections in a subject in need thereof in which the composition has an extract of Musaceas and a carrier. The formulation can be a liquid, a lotion, a cream, a dry powder, or a suspension, and can be used as a spray, wash, rinse, bandage ointment, or lotion. A method of treating or inhibiting fungal infections in a subject in need thereof is disclosed in which the method is administering an effective amount of a composition to the subject, where the composition has Musaceas extract and a carrier.