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has the ability to assess a social problem and find a solution to eradicate poverty
among the masses and thus, improve their standard of living.

 J Gregory Dees defines social entrepreneurship as, “social entrepreneurship is

which combines the passion of a social mission with an image of business like
discipline, innovation and determination".

 In entrepreneurship, the final objective is wealth creation. But in social
entrepreneurship, wealth creation is simply a means to an end. The social
entrepreneur participates in profit making ventures only to use the profits
generated to create valuable social programmes for the upliftment of the whole

community.

 The different characteristics possessed by social entrepreneurs are as follows :

(i) Social catalysts

(ii) Socially aware

(iii) Opportunity seeking

(iv) Innovative

(v) Resourceful

(vi) Accountable

 Examples of social entrepreneurs

(i) Vinoba Bhave. He is the founder and leader of 'Bhudaan Andolan'. He caused the
redistribution of more than 7,00,000 acres of land to help India's untouchables and landless.

(ii) Bunker Roy. He is the founder of ' Barefoot College', which promotes rural development
through innovative education programmes.

(iii) Dr Verghese Kurien . He is the founder of Amul Dairy Project.

(iv) Muhammad Yunus founder of the Grameen Bank and winner of the 2006 Nobel Peace
Prize. He found a solution to the plight of poor Bangladeshis, who were unable to acquire funds

to start their own business in the form of microcredit.

(v) Ela Bhatt founded in 1972, Self-Employed Women's Association (SEWA) is a rare trade
union of poor, unorganized, self-employed women who work as vendors, hawkers and
labourers.