Question

Defination of social Entrepreneurship

unique 5 examples about social Entrepreneurship

discuss social Entrepreneurship

Answer 1

Definition : Social entrepreneurship is defined as entrepreneurship which is started by individuals or association of persons in which they develop an idea , sources of funds and how to utilize it in order to achieve certain social , cultural and environmental issues.

Examples of social entrepreneurship :
1) Microfinance institution for Small and micro enterprises
2) Educational programs for framers regarding better agricultural a techniques
3) Providing banking services in rural areas.
4) providing good quality products at a minimum prices so that poor people can afford it
5) Upraising the standard of women in society .

Short note :
Social entrepreneurs are usually non - profit organization , but nowadays we can find certain a blend for - profit organization which are generating a positive return to the society . The main objective of such organization is to broaden certain social issues associated with the voluntary sector in areas such as poverty alleviation , health care and community development . Nowadays , with the growth of technology and businesses becoming completely automated , these objective are achieving through social websites also.

However such organization also face certain challenges . The greatest is fund raising . Investors are not interested in providing funds to this organization as they are non - profit and will not provide them the return.

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