Ashoka Fellow
Fellow Since 2016
This description of Carmen Velasco's work was prepared when Carmen Velasco was elected to the Ashoka Fellowship in 2016.
For over 25 years, Carmen has dedicated her life to ensuring that women at the base of the pyramid have access to the capital and support needed to transform their lives and improve their families’ standard of living. As the cofounder of ProMujer, a pioneer organization in the field of microfinance, Carmen has been a leader in the field of microfinance across Latin America. After stepping out of ProMujer in 2013, Carmen now uses her global influence to ensure that the microfinance organizations have the tools they need to measure impact and be held accountable to their goal of reducing poverty through access to capital.
The New Idea
The Problem
The Strategy
The Person

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