Microfinance frontliners: Unsung heroes of hope

Microfinance has long been recognized as a tool for poverty alleviation, and at its heart are women.

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Globally, the majority of microfinance clients are women, and in the Philippines, many of the field workers who make microfinance possible are also women. They are the ones who traverse muddy roads, brave the heat, the rain, and sometimes, danger — all towards empowering others.

As we close this three-part series on microfinance frontliners, we honor two more women whose stories remind us that meaningful change is often driven by quiet, persistent service.

Serendipity and mission

Carmela “Camille” Velasco never planned to work in microfinance. In 2010, while accompanying a neighbor who was applying at Kasagana-Ka Credit and Savings Cooperative (K-Coop), she was mistaken for an applicant. She was interviewed, and the rest, as they say, is history.

She started as a Socio-Economic Officer and appreciated K-Coop's family-friendly culture and values since she was a new mother at that time. Over 15 years later, she remains deeply committed to her work.

"I stayed because I saw how our organization helps transform lives—especially mothers like me," she shares. Her job has taken her to vulnerable communities and into emotionally charged situations. Once, she was physically threatened by a client during loan collection. "It was scary," she admits, "but I had to be firm. Credit discipline is part of protecting both our clients and the cooperative."