NAME: KALAIVANI

REG NUMBER: 20BBA0133

SUBJECT: ENTREPRENEURSHIP

DIGITAL ASSIGNMENT: 5

CODE: BMT2003

SLOT: A2+TA2
SOCIAL ENTREPRENEURSHIP:

Recognizing social problems and creating social change via the use of entrepreneurial principles,
processes, and operations is what social entrepreneurship is all about. Entrepreneurs are
primarily affiliated with non-profit organizations and sectors. The primary goal of social
entrepreneurship is to build social capital rather than to make a profit or a monetary return. After
all, entrepreneurs require finance to continue the process and make a beneficial impact on
society. Individuals, businesses, and entrepreneurs engage in social entrepreneurship by
developing and funding solutions that directly solve social challenges. As a result, a social
entrepreneur is someone who looks for business opportunities that benefit their neighbourhood,
society, or the planet.

SOCIAL ENTREPRENEUR:

A social entrepreneur is someone who seeks new applications with the potential to tackle
community-based issues. These people are willing to take the risk and put out the effort to make
a positive difference in society through their projects. Social entrepreneurs may believe that by
engaging in this practice, they would be able to connect with their life's purpose, assist others in
finding theirs, and make a positive impact on the world. Although most entrepreneurs are driven
by the prospect of making a profit, this does not preclude the average entrepreneur from making
a constructive contribution to society. A social entrepreneur may also strive to address inequities
in such availability, the underlying causes of social problems, or the social shame associated with
living in such communities.

Example:

Aravind Eye Hospital & Aurolab:

Social Entrepreneur: Dr.Govindappa Venkataswamy (Dr V) & David Green

Type of Organization: Trust
Aravind Eye Care System, founded in 1976 by Dr G. Venkataswamy, is now the world's largest
and most productive eye care centre. Approximately 2.4 million people received outpatient eye
treatment and over 285,000 people had eye surgery at the Aravind Eye Hospitals in Madurai,
Theni, Tirunelveli, Coimbatore, and Puducherry between April 2007 and March 2008. Aravind
delivers complete eye care in the most systematic method, drawing patients from all over the
world, by combining traditional hospitality with state-of-the-art ophthalmic care.
SKS India:

Social Entrepreneur: Vikram Akula

Type of Organization: For-profit
SKS thinks that providing poor families with basic financial services can considerably enhance
their economic chances and, as a result, their lives. SKS has provided a comprehensive range of
microfinance services to the impoverished in India since its foundation, and we are proud of our
current reach. SKS is pleased to set the way for the industry over the next five years as a pioneer
in technical innovation and operational efficiency, with a goal of 15 million members by 2012.

AMUL:

Social Entrepreneur: Dr. Verghese Kurien

Type of Organization: Co-operative
Amul has been a shining example of a long-term cooperative organization's success. It is one of
the most successful examples of cooperation in the developing world. The Amul Pattern has
established itself as a paradigm for rural development that is uniquely fit. Amul is credited with
igniting India's White Revolution, which has resulted in the country becoming the world's largest
producer of milk and milk products.

Shri Mahila Griha Udyog Lijjat Papad:

Type of Organization: Society

Shri Mahila Griha Udyog Lijjat Papad is a women's organisation that produces a variety of
products including papad, khakhra, appalam, masala, vadi, Gehu Atta, bakery products, chapati,
SASA Detergent Powder, SASA Detergent Cake, SASA Nilam Detergent Powder, SASA Liquid
Detergent, and SASA Detergent Powder. The organisation has a large presence in India, with a
central office in Mumbai and 67 branches and 35 divisions dispersed around the country. The
firm began with a meagre sum of Rs.80 and has now grown to over Rs.300 crores in sales, with
exports exceeding Rs. 12 crores. From a small group of seven sisters in one building, the
organisation has grown to over 40,000 sisters across India.
Grameen Bank:

Social Entrepreneur: Muhammad Yunus

Type of Organization: Body Corporate
Grameen Bank (GB) has built a banking system based on mutual trust, accountability,
participation, and creativity by eliminating the requirement for collateral. GB offers credit to the
poorest of the poor in rural Bangladesh, with no collateral required. Credit is a cost-effective
weapon in the fight against poverty in the United Kingdom, and it acts as a catalyst in the overall
development of the socio-economic conditions of the poor, who have been kept out of the
banking system because they are impoverished and hence unbankable.
REFERENCE:

https://www.managementstudyguide.com/social-entrepreneurship.htm

https://www.uschamber.com/co/start/startup/what-is-social-entrepreneurship

https://nextbigwhat.com/social-entrepreneurship-definition-and-examples/