Social Entrepreneurship
Businesses make cash. Social entrepreneurs make change.
Call it business with a conscience. Social entrepreneurs use business practices to solve societal problems or affect social change through ventures that measure success not just by profits—but also by their impact on people and the planet.
A bank that gives microloans to the poor. A shoe company that donates footwear to needy kids. These businesses operate on ‘social capital,’ which places societal improvement on par with financial profit. Operating with more than one bottom line, social entrepreneurs often embrace innovations like ‘crowdsourcing’ crisis information, peer-to-peer lending , and nontraditional approaches, like training rats to detect landmines and TB. Now that’s “good” business.
what you can do
Give Your Dollar Value at World of Good
If you’re going to shop, shop while making a positive social impact at eBay’s World of Good.
Making a Difference
On the Ground in Haiti
Having spent over 20 years on the front lines in Haiti, Paul Farmer is now providing relief for those trying to recover after the devastating earthquake.
by the numbers
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$2.71 trillion is invested in the U.S. in sustainable investments that create positive impacts http://bit.ly/tp0076 |
6 percent profit was returned on microfinance funds this past year, commercial products returned 3-5x less http://bit.ly/tp0076 |